“Microlending: Toward a Poverty-Free World”

1)  Describe real-life economics. What implications can this have on a society?

In society it may have a great implication since we can see a huge cliff between poverty and wealth.  The Economy is responsible of creating the world we live in and also many times this economy tells people what to do according to the role they are assigned to.

Economy as well influences in the mind-set of people and organizations making them believe that everything depends on what they have and own (wealth) more than in their capabilities (poverty).

As we can see, the economy label the human beings in the “labor” class, and this because the economy doesn’t believe that human beings are creative, that have aspiration, ambition, desires to accomplishment and they are brave enough to do new things.  There are few persons that are out of this label class, they are called entrepreneurs and those entrepreneurs are treated as royalty in this world.  Again we can see the huge cliff : there is the royalty (entrepreneurs) and those who have born to serve the royalty (Labor force). This is the misconstrued vision that the economy has been managing throughout the years but now we know that all humans being are and have the potential to be entrepreneurs to create their own opportunities to grow.

2)  What is your personal opinion of the Grameen Bank? Why do you believe it has been successful?

Well, I think the Grameen Bank was an amazing way to prove that the economy is based in erroneous misconceptions about poor people. I really like the fact that this entrepreneur could help those people in Bangladesh to develop their potential that because of the society and the barriers they constructed, have been hiding.

In my personal opinion I think it worked because with these loans, Yunus could teach those people to be self-reliant because he trusted in them. These hard-working people showed him that they were willing to work hard and develop their skills, abilities, in order to make of their villages a better place to live, breaking those barriers that the society and economy constructed. Also because of this great opportunity that these people had they could demonstrate to the whole world that everything is possible if you have the desire to improve.

3)  Do you believe that a poverty-free world is possible?  Why or why not? 

I do strongly believe that we can have a poverty-free world, even though it’s a long journey.  As Yunus, I think that if economy promote and offers credits to those poor people, it would be a homogenous world. Credit should be for all and not only for people creditworthy. For me that is something ridiculous and with lack of sense.

As we can see, the marketplace is open for everybody who has the desires to demonstrate their talents but also it’s filled with greed people who only believe in making more money instead of give the opportunity to poor people to progress as a human being.

We have to create social- consciousness to the Enterprises in other that they can offer a formidable competition based in talent more than in greed.

It is also required the intromission of the Government with legislations that gives support and promotion to those people with desire of progress. 

I also think that if all people are treated the same way, we wouldn’t have social or economy labels. It wouldn’t exist poor either rich people.  Human beings are not born to suffer the misery of hunger and poverty, rather they have born to enjoy of all the resources we have nowadays and that Our Father in Heaven has created for us.

I really agreed with what Yunus said “Don’t give up dreaming, Be a dreamer and keep on trying to make the dream come true. Dream about the world you would like to have. If we all dream about a better World, I can guarantee you that we will create a better world”.