tag:blogger.com,1999:blog-18189715.post116234524196844925..comments2023-10-17T21:20:05.509+05:30Comments on Writer's BlogK: Nobel Thoughts on Microcreditಎಂ.ಎಸ್.ಶ್ರೀರಾಮ್http://www.blogger.com/profile/02626880873639783288noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-18189715.post-42426307912944205742016-10-19T12:14:42.175+05:302016-10-19T12:14:42.175+05:30Happy to see your blog Detective Agency in India a...Happy to see your blog <a href="https://www.amxdetectiveagency.com" rel="nofollow"><strong>Detective Agency in India</strong></a> as it is just what I’ve looking for. I am looking forward to another great blog from you.Detective agency in indiahttps://www.blogger.com/profile/05301340397075994915noreply@blogger.comtag:blogger.com,1999:blog-18189715.post-46597349392197229512016-10-14T12:26:49.945+05:302016-10-14T12:26:49.945+05:30Thanks for the nice blog Detective Agency in India...Thanks for the nice blog <a href="http://www.adroitdetective.com" rel="nofollow"><strong>Detective Agency in India</strong></a>. It was very useful for me. Keep sharing such ideas in the future as well. This was actually what I was looking for and I am glad to come here! Thanks for sharing such a valuable information with us.Anonymoushttps://www.blogger.com/profile/06413324182672801731noreply@blogger.comtag:blogger.com,1999:blog-18189715.post-35957509781373148052008-09-23T19:20:00.000+05:302008-09-23T19:20:00.000+05:30Lovely Post...Though I must recommend 'Leaving Mic...Lovely Post...Though I must recommend 'Leaving Microsoft to Change the World' by John Wood.<BR/>A book that details the setup of RoomtoRead.org and the logistics that went behind it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18189715.post-1165385807442508002006-12-06T11:46:00.000+05:302006-12-06T11:46:00.000+05:30Sriram,Thanks for the informative and engaging wri...Sriram,<BR/><BR/>Thanks for the informative and engaging write up. <BR/><BR/>I did not clearly understand the following passage though:<BR/><BR/><B>When we look carefully the amount of credit that is available will lead to a supplemental income. That is because the Grameen methodology expects repayment from the week after the loan has been disbursed. Thus if one has to repay the loan, the money has to come in from the existing cash flows or has to be put in a business that produces a good cash flow from day one. Either way the borrower is a winner, because it increases the cash throughput in their hands and reduces their vulnerability.</B><BR/><BR/>Isn't the above true with any short-term lending also? While I have no statistics to back up, isn't most informal lending on short term basis? (May be the agricultural sector is an exception.) So, how does the Grameen methodology any different from other short-term loans? Secondly how does that make the borrower less vulnerable?<BR/><BR/>As far Grameen clones are concerned, one thing even the well-meaning clones may have to keep in mind is the fact that what may work in Bangladesh may not work everywhere. For example, I would be really surprised if micro-credit would do well in addressing poverty in developed countries. (You may remember Clinton thinking loud about using Grameen methodoly in US.)<BR/><BR/>In US, again as an example, the self-employment especially among the poor is not that widespread as in Bangladesh or India. If one walks along the bleaker areas of New York, one would notice that more often than not, the smallest business enterprises in that area are owned not by the local poor but by the immigrants from India, Latin America or Korea.<BR/><BR/>I hope and wish a great success for Grameen. While it tries to address the poverty, it also empowers women. If you notice the global hotspots of violence and fundamentalism, you will also notice that they are the same places where women are suppressed to a great extent. Hopefully, Grameen's success will make the world a bit less violent and a bit more peaceful. Looked in that way, may be it's not out place to give Yunus the Peace Award!<BR/><BR/>Thanks again for an informative article.<BR/><BR/>Regards,<BR/>Seshadri<BR/><BR/>PS: BTW, if any one is interested in Daniel Pearl's article on Grameen, they can find it <A HREF="http://online.wsj.com/public/resources/documents/pearl112701.htm" REL="nofollow">here.</A>v.v.https://www.blogger.com/profile/10855603736260716938noreply@blogger.comtag:blogger.com,1999:blog-18189715.post-1162617575822605272006-11-04T10:49:00.000+05:302006-11-04T10:49:00.000+05:30Dear Shriram, Would you not want to ponder over t...Dear Shriram,<BR/><BR/> Would you not want to ponder over the question 'Should Grameen have been honoured with the Nobel for Economics rather than Peace?'.<BR/><BR/>regards<BR/>ShivuSaamaanya Jeevihttps://www.blogger.com/profile/16276029071954390831noreply@blogger.com