I live in a village near Zobra. Zobra is the poorest village around here. Dr. Yunus, who became a professor of Economics without publishing any article in a peer reviewed journal, has to be blind not to detect the lack of success of his model to send poverty to museum. With an effective rate of interest hovering around fifty percent a year, no poor woman would get out of poverty. Sufia, his first borrower, died so poor, that even her coffin cloth was collected by begging. Her descendants make a living by begging even to this date.
On Sun, Oct 7, 2012 at 1:21 AM, Farida Majid <farida_majid@hotmail.com> wrote:
The big lie!
"Microfinance gimmickry has done huge damage in countries across the globe," says Patrick Bond, a senior professor at the University of KwaZulu-Natal School of Development Studies Centre for Civil Society in Durban, South Africa.
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Mukto Mona plans for a Grand Darwin Day Celebration:
Call For Articles:
http://mukto-mona.com/wordpress/?p=68
http://mukto-mona.com/banga_blog/?p=585
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VISIT MUKTO-MONA WEB-SITE : http://www.mukto-mona.com/
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"I disapprove of what you say, but I will defend to the death your right to say it".
-Beatrice Hall [pseudonym: S.G. Tallentyre], 190
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