[Assam] Microbanking and Grameen

[BBaruah at aol.com]

When another Bengali won the Nobel prize, I had to know who this Prof.  
Muhammad Yunus is. And this morning I read all the articles available to me  about 
this global enterprise:the Grameen Bank. As I see it, its collateral is  based 
on group pressure coupled with high interest rate 35% (it is ably  defended). 
 I see Bangladeshis doing  very well abroad and, in any case, as a nation, 
statistically even competing  with their big neighbour India, which at one time 
I found very hard to  believe,  with my unreasonable  prejudice against 
Bangladeshis. 
Without beating about the bush, let us then follow the professor when he  
says “Follow me and beat poverty.” Why not, dear netters? 
Bhuban 

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