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Re: [Homestead] Grameen "banks"

From: "Toni Hawryluk" <tonihawr AT msn.com>
To: <homestead AT lists.ibiblio.org>
Subject: Re: [Homestead] Grameen "banks"
Date: Sun, 5 Sep 2004 10:34:09 -0700

> tvoivozhd---(snip)

> The Grameen Bank in addition, inculcates even greater responsibility by lending to groups of women, making a group responsible for the debts of each individual woman, so they watch and cooperate with each other to minimize their own financial risk.

"Little league" teamwork taught to

those who have been excluded from

"team sports" ....

> Moreover, women in the Grameen experience, put aside a portion of their earnings to be re-invested in their initial or related business, so the multiplication factor is very high., and small initial amounts of capital quickly grow to large size.

"Once upon a time" even American

children were taught to have savings

accounts and their pennies welcomed

by banks .... sigh ....

Toni

[Homestead] School victims, Putin response, Tvoivozhd, 09/04/2004
- Re: [Homestead] School victims, Putin response, Walter H . Jeffries, 09/04/2004
  - [Homestead] Putin response, military and unlikely economic, Tvoivozhd, 09/04/2004
    - Re: [Homestead] Grameen "banks", Toni Hawryluk, 09/05/2004
      - Re: [Homestead] Grameen "banks", Tvoivozhd, 09/05/2004
        
        Re: [Homestead] Grameen "banks", Toni Hawryluk, 09/05/2004
    - Re: [Homestead] organizations, Toni Hawryluk, 09/05/2004
      - Re: [Homestead] organizations, institutionalized religions, Tvoivozhd, 09/05/2004