Q1 What life-saving shared solutions did Fazle Abed empower a billion poorest Asian women to apply to end life-destroying poverty?
Q2 Bangladesh = 8TH most populous nation with 163 million, so why do you claim over a billion people gained from Abed’s shared knowhow?
Q3 Can statisticians/economists afford not to be naturally and culturally sensitive?
Q4 Abed spent the first 25 years of building solutions which linked in person to person development in places without electricity and telecoms. What did he lead with his second quarter of a century as a poverty alleviator?
A1About 70 years after Gandhi had become the first notable teenager to travel to Britain to sudy (barrister bar of london), teenage abed traveled to study ship engineering at Glasgow University where the age of machines and humans had started up in 1760s around Adam Smith and James Watt. After 15 years in a global corporate career that saw his rise to regional CEO for the oil multinational Royal Dutch Shell, Fazle Abed life’s purpose was changed by 3 disasters- each killing a million of his poorest compatriots. He devoted his next 50 years of life to designing microfranchises which poorest village mothers applied first to building last mile health and food security services. He translated the world’s most relevant innovations for community building by designing their marketing and financing to scale across hundreds of thousands of villages- by definition poorest Asian villages are those that colonial empires left out of electricity grids and telecommunications- so the solutions had to be peer to peer action learned and back in the 1970s most village mothers were also illiterate. Hi-trust marketing for the poorest in the world required systemically different media than western television. Abed’s most extraordinary innovation was economic - it integrated bottom-up financing systems at both micro and macro levels. It wasn’t until thousands of health service and food security village mothers microfranchises were replicating that he designed microfinance specifically for female village entrepreneurs’ community banking needs. He changed how global aid was channeled through blending two models- bottom-up disaster relief grants are different in skill-transfer consequences than top down ones; banking that is responsible for designing positive cash flow village businesses that change market value chains is the opposite from banking that chains borrowers to debt. You can also map how Abed’s grassroots networking solutions triangularise the 1-2-3 of sustainability goal generation: 1) end poverty, 2) end death by famine, 3) end death by lack of life critical last mile health services. NB Abed was always searching value chain connectivity and goodwill flows across 4 levels of advancing human lot : one village community, hundreds of thousands of villages, national market leader, and redesigning global networking. Once village mothers had savings they demanded brac innovate education of all ages so their girls could leap far beyond village poverty lines
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