(map) special series on Bkash : ifc (2016) cgap (2014) brac audit feb 2017 student intern report aug 2017 ifc 5 change cases 2016 rice science 1 2
special feature BRAC bank: banking for Small Enterprises - the least studied of 5 interconnecting ways BRAC finances women and youth empowerment, entrepreneurship and communities sustaining family sized businesses (other 4 bkash, microfinance plus, Ultra, international remitances hub in Netherlands) also various partnerships of the world's largest NGO network including global association of banks with values 1
Transcript sources . edu anti-poverty design : latest 1400 play based dev centers 80th birthday tributes sobhan
|.The entrepreneurial leaders and co-wrkers of BRAC and Grameen have demonstrated that poverty is not the fault of people , women and children but a failed system. It is inhuman for a child to be born into a place where it has 20% chance of dying before the age of 5 due to villages not having local nurses. BRAC's first solution in the 1970s was oral rehydration - a service that village nurses needed to provide when babies had diarrhea. Its inhuman for children to have no access to primary education - BRAC's second main service requiring a teacher in every rural area. Grameen completed this hi-trust local triangle by providing a banker in every community empowering women with credit and peer to peer support to start small entrepreneurial businesses||Until the internet's technology, the world's people and their productive lifetimes had been more separated by the geography of where they lived than interconnected. My father, one of the West's leading microeconomists clarified in 1984 how one generation (1984-2024) would become worldwide connected for the first time. This is the greatest system change ever to hit one generation of the human race. System change can always spiral one of two extremely opposite compound consequences not something in between. It was clear in 1984 that if the 21st Century is to be the best of times for all peoples on this planet then we must share life-critical knowhow in non-zero sum ways, end poverty by bridging digital divides. The millennial goals provide a pretty clear map of what ending extreme poverty simultaneously around the world entails||.In July 07 within weeks of becoming UK Prime Minster Gordon Brown give a very clear storyline "people power" of what our institutions have not yet started to transform towards if millennial goals are to be met and local communities are to have an equitable opportunity of being integrated into globalisation. He updated this a little over a year later at Clinton Global Initiative - at a time where fellow keynote speakers -Obama and Mccain - both deplored the excesses of global top-down systems such as wall Street's failed banks - and pledged they would commit America to returning to millennial goals. Ironically, there's a lot every nation can learn from ensuring that communities have banks investing in local people's ability to generate jobs. We are at a stage in human history where the kinds of jobs of the future are changing just as fast as when the industrial revolution emerged. But this time it is pure manufacturing jobs that are disappearing. Brown was correct in visioning an age where government should not promise anyone that their old jobs are safe but should be promising people structures in which everyone has access to developing new jobs. In the midst of this families and children in any civilized place need the same rights that BRAC and Grameen have pioneered :n channeling local medical support, local teachers, local bankers, connection to the worldwide, collaboration spaces in which people peer to peer learn vocational skills.||.|
In this tv interview, Clinton explains how the micro sustainability investment networks that have emerged in Bangladesh primarily because of the leadership examples and micro-entrepreneurial facilitation structured designed by Grameen and BRAC provide a benchmark for developing nations in our internetworked local to global economy. They have transparently distributed what top-down government and mass media could not equitably empower. For 30 years now, Grameen and BRAC have modeled themselves round social busienss constitutions. These are the opposite how the traditional charity dollar is spent and then needs to fundraise all over again. The social busienss dollar endlessly recycles its investment in an organization’s service purpose. It does this by insisting people entrepreneurially attend to a positive cashflow but reinvest that back inside the community. The safest way to ensure that owners have no conflict with such continuous reinvestment in development is to constitute the organization as owned by the poorest in the community. While Grameen's origin has been to focus on areas where people could serve each other whilst generating income, the origin of BRAC was, in effect, micro-privatization - doing a better job for the poorest communities with public funds than a bureaucratic or corrupt government. BRAC's Fazel Abed has probably innovated more reliable service franchises around vital needs than anyone alive today. Whereas Grameen's leadership team around Muhammad Yunus has serially introduced the most extraordinary entrepreneurial revolutions. Each of microcredit , micromobile and micro-energy involved planting a long-term investment exponential but one that literally took rural economies to a higher future level - a pathway not just to ending poverty but leaping sufficiently far ahead that even cyclical natural disasters would not push the next generation back under the poverty line
There is an opportunity for egovernment to make this openness and representation of cultures that unite round the golden rule of all major religions. Do unto others what you would wish done unto you.
Today national strategic dialogues co-chaired by leaders like Abed and Yunus make fascinating reading. In effect, Bangladesh has become the country par excellence in developing sustainable community franchises that end poverty and its boundary environmental challenges. It is evident that its fast growing neighbours India and Chinawill need these services just as much as Bangladesh. The world in effect is finding that Bangladesh is the number 1 exporter of solutions that accelerate accomplishment of millennial goals everywhere as well as developing the sorts of entrepreneurial and job-creating education that all future children need. Educators have spotted that the schooling system the west built has its design origins in western empire's ancient industrial needs, when it was assumed that a few per cent would be promoted to a command and control top, and schools would sift out the vast majority as not talented enough to have their competences invested in. This is the ultimate challenge that the whole world needs change if we are to honor every child's potential from the day she or he is born. If we fully understand the benchmarks that BRAC and Grameen offer us by partnering grassroots networks such as theirs in Future Capitalism, then today's adult generation may yet hand on the best of times to all our future chldrens. Ultimately children are the deepest sustainability investment and a very micro one. Not the sort of flow that macro institutions like Wall Street banks ever got close to appreciating. We need new economic maps. Ones that worldwide networkers can collaboratively search out if mass media puts on reality program in which youth the world over wants to be "The Apprentice" of community entrepreneurs like Abed and Yunus and the 100000 Bangladeshi's+ they have inspired to be community facilitators of microentrepreneurship.