- welcome to sino-english girls & games of

Games of Bottom Up 3 Billion Jobs Players
3 bn jobs
Dr Yunus : China, SDG Economics zones: Bangladesh, Indonesia, Asean, Japan, Korea
one belt forum - girls best stories
youth valuing.......... education
will G20 respect #metoo: greatest girls empowerment solutions sustainability investors ever make
SUN GDPIT China Japan Global Youth Friendship
. Sir Fazle Abed
w20 & other 20s of Japan G20
Beijing Open Space 5 - april 2017- women hold up half the sky
old - student unions of blockchain by supercity and win-win belt roads
Is AIIB Best Bank Developing Youth?
Help Baltimore become fist free university city for world record job creation students
economists without borders and brexit
Log : One Belt One Road (1B1R)
xi-trump greatest intergenerational meeting
Missing Trillion Dollars Jobs markets - episode 1 english and chinese as second languages
2 Global Value Chain- SME capacity
3 Bank SME
4 Digital age gov inclusion SME
5 SME= Youth Sustainability
mapping hi-trust youth neural networks
trades with china by type : Belt, EWTP, other
jinping trump world's most valuable meeting
What happened to Yunus top 10 concepts of ending Ultra Poverty
Can 10 greatest human innovations create jobs?
Yunus- how usaid and academics compound ultra poverty
Sustainability youth MAKE AMERICA GREAT AGAIN - and everywhere
playing pieces - World Record Jobs Book &
invitation to colleges to play world record jobs game
entrepreneurial revolution of norman macrae and paul farmer
zeroisation of yazmi and social business movements connection with youth sustainabilty
week 1 of curriculum of week 2
Can we prevent unbridled arrogance of silicon valley from ending sustainability of all of US?
youth 10000 blogs
Downloads of Sustainability World : 1 sequel to 1984 book on netgen ; part 2 journal of social biz
1 Minute Stories of Our LIves & Times
Business models which can save the world
Norman Macrae Archive
World's Greatest Maths Mistake
Youth Ambassador & Yunus Nets - the Hunt for 5000 21st C mindsets
Devaluing Goldman Sachs to 0
Sustainable Universities
CEOs & Sustainability Branding
Strategic Philanthropy
From G8 to G2030!
Collaboration Cafe
My city's crisis of opportunity
Video World Changers
Sustainability DC Dhaka London
Games of Bottom Up 3 Billion Jobs Players

Enter subhead content here

Curricula of Entrepreneurial Revolution and Microcredit . Millenials and youthful research partners for world record boojk of job creation are inviited to co-blog at 20 Economist corespondence networks - starting space

After world war 2 , humanity staretd doubing sopend on global vilage communicatons technolgies and infrastructures every 7 years- this menas over 4000 times more in 2030 versus 1946. The Er Curricula maps whether such investmenty will sustain milennials and unite human race in ending poverty



























>4000 times

Like every idology that has emerghed during this period, 2 exactly opposite segments of system design professionals can be identified:

those who remain expoentially on track for millennial sustainbility

those who unconsciously or consciuosly (eg most of wall street and swiss banking including its deviant consequences across European Union) spin viciously off track

we suggest there is a simple way to understand which sort of microcredit advocate or acadmic you are encountering- if BRAC is their benchmark for comparing every open elarning network of microcredit  you will be able to support millennials sustainability; if not you are being miseducated and cannot help milennials end poverty


What to celebrate learning first @ BRAC The Most Valuable Knowledge Network and Curricula In World of Ending Poverty

Integration of  10 Action Movements and Sustained Collaboration Partnerships which make BRAC the benchmark for both Keynsian and other Open Society Economists and Leaders of Ending Inequality fro Bottom-Up


Pre-Digital Villages Bangladesh Curricula

1 Bottom Up Disaster Relief coordinator and bridge to development

2 POP Trainers network modelled on Paulo Freire and Action Learning Research

3 Transforming village culture and trust by building health service networking from scratch-prioritising maternal and infant nneeds so as t increase life expectancy and reduca family size

4 Microfranchise version of microfinance - credit for lowest cost livelihoods development and savings and other financial services for poorest; value chain transformation secures livelihoods and maximises BRAC's sustainability (ultimate goal 90% self-financing and 10% funding for egdgiest innovation)

5 Largest non-governmental schools network from primary up with particular impact on girl effect

6 World class agricultural epicentre of poorest  crop science, poultry, dairy


Curricula of Post-Digital Bangladesh Villages and BRAC International

7 BRAC University -first in Bangladesh then as labs eg with Berkeley

8 BRAC Bank -rural to urban 2nd generation families including girl effect

9 Ladders prior to microcredit membership; ultra poor, and extreme challenges of open society (eg post genocide reconciliation),

10 Cashless banking completes end to end banking for poor system in Bangladesh


If you understand BRAC curricula as a benchmark easiest to naviage through all world record job creation networks



BRAC Partners

& Jim Kim models

& George Soros models

& Muhammad Yunus models

& Elearning platforms

Gandhi education models, Mandela Extranet, Ma-Lee designs of why millennial web


Millennials of China/Asia,  Africa, and Americas including old world european societies

& Mobile Millennial Women4Empowerment




 Sadly microcreditsummit failed the millennials generation between 1997 and 2015- it could have educated them on open sourcing sustainability's most wonderful microfrancsies instead it got greenwashed become a fundraising platform and miseducation network for noisy banks. Here's an attempt to look at end poverty curricula 3 billion millennials urgently need freedom to co-produce round - with thans to partrbers in publishing world record book of job cteation 1  2  3   5 washington dc mobile 240 316 8157

Brac1.0 first liveliood franchiise -basis of trust and reconciling male-female village society in how to alleviate rural poverty



 help yazmi elearning satlelliute editors celebrate how to help 5 billion people learn with BRAC open learning curriculum

Kenya jamii bora first to mobilise all reords

Grameen 1,0 young graduates assigned barefoot responsibility  3600 livelihoods- 60 by 60- grameen continues from community up including vegetable gardens, pit latrines, monson proof hut - unlikely to have got 1983 national ordinance if brac's health service hadnt already earned the trust

Mpesa, safaris,

BRAC goes for preferential option poor redesign of whole value chains- and primary education system and continuing to build health system out of nothing

Usaidi, iub. entreprenur wort investing in

From 1996, Grameen gravitates partbers of first 2.1 (digital age mobile netoworking) - telephone ladies nd clean energy


Brac starts to redesign total banking system- from 2005 it becomes the world favorite NGO- colaborating in empowering women to sustain increasingly resourced movements of PPP (Public Private Partnerships)

Tablebanking wit jouful women




terviewer: health, education, credit- is there a blueprint for being world's largest and most collaborative NGO?  whats your/BRAC own foundation - how do you start in a new country?

Abed: our focus is poor people, in almost all cases poor people need more opportunities with  income and employment, in some cases they also need education for their children or  health systems, so we have developed over the years ways of dealing with multiple needs of poor people- we have always felt we need to create enabling conditions for poor people to act on  their own behalf -- most of the work is done by the poor people themselves BRAC is only providing opportunties for them

interviewer: how do you succeed both in scaling but always keeping anchored on poor?

(video timeline) 20.44 firstly rural advancement has always meant our primary mission is for poor- poor peoples dreams and struggles are our work-  (our entrepreneurial revolution concerns taking our programs out to rural even when they could be more profitable in city)

scale gravitates round capacity to recruit people - quality HR and training to do national programs - internally audit infrastructure to check funds keep being spent to anchoring poorest- BRAC has had the good fortune- and the privilege-  to find donors who love scaling up a franchise once its demonstrated to work. Oral Rehydration gave us the opportunity to celebrate the most economical life saving community health network of all but open sourcing such a freedom across 16 million rural households without electricity let alone a telephone in 1980 turned out to need trust in grassroots action learning networking of an unprecedented kind. Back then, it was tough to sell empowerment to the development sector's top professionals

EXAMPLE OF TRAINING FRANCHISE 3ES- Effective, Efficient, Expansion
Effectiveness took us a year and 3 iterations -here's the how and why: 1979 international year of child - we wanted to do something big -the biggest infant killer was diarrhea- so we thought if we teach mothers oral rehydration (mixing water ,sugar, salt in correct proportions) go to  all 16 million rural households in bangaldesh - first 30000 pilot  -we found only 6% used so we were disappointed but we found out our oral rehydration teachers didnt believe in OR themselves (ie they would buy a pill) so we retrained them;  and we hoped for our next 30000 wave - this went up but only to 19% - still very disheartened - so whats the problem - we sent anthropologists to 6800 households- the problem was the men , they dissuaded women telling them to get a pill for the infant=- so we decided our program was wrong by failing to include men - before our next wave we gathered men together in the village and went to mosques on friday prayers, went to market places, made radio broadcasts- so all told it took us about a year and a half before we got the training program to be effective

then efficiency means cutting out  redundancy- g we found that instead of training each mother alone in her home- we could teach 3 neighbours at a time-

min 6.20 trust in the community is what we seek to build- so for example when the community needs childrens education we train a teacher in the village  .... in Bangladesh we evolved 3500 one room village schools each with 1 teacher and 30 children; over the yeras we have educated 10 million children, 7 million girls

recently we have been looking at south sudan where nearly 1 million children need education- we aretrying to empower villagers to develop same sort of schooling model

12.10 we are interested in child centred learning- over the year we've followed up surveys of which nations are best at what and borrowed nationals- so dutch provide best teaching in maths and second language :  italians best for preschool education montessori; swedes best for adult education  germans manage education systems so teachers teach more hours; japanese are best at science education - usa good at phd education - new zealand best for mother tongue- ( eg tips get children reading as fast as possible, and writing but dont worry too much too early about their spelling )

1730 at clinton global 2015 partners linked around BRAC announced  vast scaling of education of girls - eg BRAC will be rasising additional 238 million dollars over next 5 years - same countries but more work -mainly primary and secondary some tertiary  

(there are lots of opportunities- our bangladeshi alumni are exploring  girl graduates into china..)

interviewer  34.4 - considering violence and education could you tell us how brac managed to develop in
afghanistan 7000 schools for girls? 

36.10 ABED: we assume that a purpose of development is to change culture - for girls to be educated- we wanted that to happen in Afghanistan so we accepted the need to start in a culturally appropriate way. In Afghanistan this means girls being chaperoned in groups of 15 by an elder woman to and from schools. While this costs us a bit more it is worth it to get the Taliban's approval. On this practical detail, we can wait until girls themselves bring about intergenerational change

interviewer - can you tell us a bit about how you created over quarter a million jobs for poorest by redesigning Bangladesh's dairy value chain -quite bold of you?

ABED : a burning question for me was why does Bangladesh  have to import powder milk- but we had to be patient, you see back in the 1970s Europe was still producing butter mountains so the pricing was wrong
however after Maastrich treaty euro-cow subsidies began to be cut and so by early 1990s bangla could compete-it was the right time to reform the whole sector so why not do that so the poorest could be integral players? and do that so any profit brac makes by leading the value chain can be reinvested back in the whole of BRAC's sustainability

9.45 WE focus particularly on women as agents of change- 95% of our microcredit clients are women -7.9 mn in Bangladesh; 180000 uganda   120000 in tanzania  - I have seen many defeated men, but never a defeated woman

interviewer 37.30 can you describe what the role of technology is in what brac does and about the  bkash story as one of the fastest webs of change ever seen? 

fazle:  mobile tech has big specially impact in places like bangladesh -remember the context at the start of the 1990s there were only about  4 phones of any sort per thousand people - now 100 million mobile pones. So the impact is huge and hopefully so will be the learning.. Yes bkash is proving a huge opportunity. When does it benefit poor to have cashless banking - ie points on your mobile phone to trade with or convert back to cash if needed at local agents across te country. For example, the poorest never previously had a safe way to save other than under their bed!

There are lots more opportunities. We can work out algorithms so that we can offer suitable credit - and ten remittances; and then credit for family emergencies -so this is introducing a whole new dimension to poor people's financial inclusion

.by urgent location or issue partners
Uganda- BRAC's fastest scaling partners Lab in Africa with Mastercardfoundation & ...
Gates Foundation and DFID prioritise development of Tanzania with BRAC
George Soros prioritises development of Liberia
BRAC internet - partners Japan-US-Bangla
MyBrac beta with Duke U
World Bank prioritises Ultra Poor collaboration networking
brac's home web 1 2 3 4
fan web of sir fazle abed





Linking in 30 cities (eg rome 2024, dhaka yunus olympics, london nursing celebration and berners lee olympics) which empower youth and leaders demand that futire olympocs be twinned with celebrating millennials 2 greatest races : ending poverty, jobs for sustainabiliy -- help teachers undrstand 2015 as 44th year of 7 wonders of bangladeshi microcredit's POP economic paradigm (1 clinton on POP, 2 Pope Francis on POP)

 US  Washinbgton DC Mobile POP hotline 240 316 8157 

joy of videos DC 2014 POP goes world bank tedx -jk (V); pop stars to end poverty 



online library of norman macrae--  



250th adam smith moral sentiments celkebration brocore by muammad yunus and norman macrae, Glasgow 2008 

see also JournalofSocial Business Downloads if you believe social generates strong economies not vice versa - search for global social value in combination with millennials favorite health servants egPaul Farmer


7 Keynsian and Hippocratic valuation of professional and public pursuits - regenerates economy by empowering family and social actions of next generation to end poverty. 

















Markets as a source of exponentially sustaining livelihoods-

Comparing views of Keynsians and POP (Preferential Option Poorest - usa mob 240 316 8157 Bethesda MD


Health's Trillion Dollar Market

special thanks to youth correspondent and mentors networks at


Keynsian View


Keynsians at The Economist reporting the 20th Century noted that both the greatest economic and social advance in nations occurred where places peoples brought down risks of maternal and infant deaths to nearly zero. When this innovation is systemised most families focus on developing two or three children instead of 8 or 10. The consequential communal behavioural impact is that societies can culturally integrate by  becoming economically smart -and sustainable -by designing education which respects and values women as equal economic actors to men.



online library of norman macrae-- 

POP View


The greatest social and economic miracles of the quarter centuries that turned the millennium and human sustainability depended on POP cultures to 1) manually network to bring down maternal and infant deaths, 2) determine this as the most valuable and openly social  reason for webbing digital partnerships and investing in open society worldwide. Moreover directly and indirectly family loving communities then take on  responsibility for peace and safety of one and all instead of this being governed top-down by historical rules, unnatural boundaries and preponderance of arms






Washington DC February 2009 - 3000 youth listen to Muhammad Yunus but truly how many teachers, politicians, bankers, health experts or open technology entrepreneurial leaders? 

Dont be fooled by Smart campaign Bureaucrats and Elderly Top-Down Fundraisers ---



entrepreneurial solutions (eg those of BRAC,  partners in health,  grameen, and since 1996 mobile investment partnerships of George Soros and MIT sponsored technology wizards and women entrepreneurs) that built health systems from nothing inations whose (rural) infrastructures as late as the start of the 4th quarter of the 20th century had next to no human capacity to serve maternal and infant health. 
Surprisingly a movement (Italian origins 1208) that was relaunched in south america at the same time that man was landing on the moon could have bottom-up united 40% of human values through the two most populous faiths linking in to womens empowerment. The failure to peacefully enjoy this freedom is one measure of how bankrupt mass NW mediated politics became as the amount spent by the human race on subconscious communications rose from about 5% at middle of twentieth century to over 25%. Today's 64 trillion dollar question may be : do those who make the most noise about human sustainability in 2015 have the openness of mind and manners to help millennials invest in -and live the values of  - this open society transformation now.



download world microcreditsumit mexico sept 2014 program book


Bangladeshi Microcredit - System design valuing Keynes top 2 goals for economist - end poverty, communally invest in next gen jobs

Microeducationsummit: Why wasn't microcreditsummit designed as open university of these sorts of action learnings

Poorest Mothers Livelihood Development

Job-creating educational loan

Redesigned local value chain to sustain livelihood

Rural health service raising life expectancy reducing family size

Social network sharing vital knowledge actions

Banks surplus investment banking in next leapfrog:to sustain youth's futures

Grameen Housing

Grameen Phone

Grameen Energy

In addition BRAC was the educational and health serice architecture of the villages

Bangladesh became  first 100 million plus developing country to demonstrate that when less than 1% of people have landline phones, the national economy leaps forward if mobile access becomes universal starting with the poorest.


2015 is 20th year of leapfrog partnering curricula: the emerging worldwide social movements is being linkedin by women4empowerment and professionals aged 25-35 and bankers who organise investment so that millennials can collaborate around their era's goals for the human race


 latest value chain redesigns connect first women, fashion superstars mobile billionaires, YPA - change fashion chain and elearn especially around youth ihubs where open source tech wizards co-create above zero-sum world trades


Are You Ready to Take It On? End Poverty by 2030  World Bank Jim KIM: we need to start a movement to end poverty .. social movements that have a huge impact are often led by a small group of people ..the student should never doubt the ability of themselves and a small group of ;like minded people to change the world it can happen.. This has to be the next movement and if you look at all the steps that its going to take to end poverty its a pretty broad mix- and that's the great news!.. The great news is we need everybody - we need writers who can write about this, we need engineers, we need doctors, we need lawyers, we need artists, we need everyone who can capture the imagination of the world to end poverty.. There's a role- take a step back: say what is it going to take?  what part of it can I take on? how can we really make it happen?.. Being part of a social movement is going to be the most exhilarating memorable thing you are ever going to do but understand how hard it is and how serious you are going to need to be about everything its going to take to get to the change you want, and then take it on- as there is nothing better you can do





 discussion on where millennials linkin to action network what microcreditsummit refused to empower

selected actions -mail if you would like to co-blog at 

can peoples of continent america be free and productively happy in 21c?

for discussion of actions around some of the specific speakers please see 

our open education networks are continuing debates on what young professionals (under 35) need to linkin round future of microcredit around 6 cities - atlanta see this blog - if you can help with parallel blogs out of DC, NY, boston, san francisco or san diego please contact us

we also search for hemisphere connections of open education content: africa, asia

in europe's case we try to make connections country by country where our scottish friends are leadinbg this free market survey

A) name your country's 3 biggest export markets historically B) vote for its 3 biggest export markets 2015-2025 -

 for microcredit and leapfrogging micro-everything in didgital age go to or or

  • currently scotland's peoples' most valued answer to B)

  • scotland's answer free nursing colleges as scotland collaboration with open learning campus- additionally reforming scottish bbc to play mass connection role in millennials search for 30000 microfranchises; 
  • european youth's alternative cashless currency if scotland goes independent; 
  • cataloguing where sportings superstars want to give back by using their skills to create jobs in related community projects- a sporting version of fashion's F4D or music's singforhope 


technical note open learning campus seeks out partners in elearning satellites and in coursera type platforms who are not concerned with maintaining monopoly of students certification and trapping student in debts - instead they start with question what maximum 9 minute video can viralise most youth jobs skills- and in practice areas such as using which peer to peer youth teachers can contribute an optimal 9 minute video cf khan academy test version of this



Some Upcoming Diary Questions
US-Asia Worldwide Youth Capitalism
014 Sept 22 to 27 NY & Atlanta
015 nov 15-19 atlanta
world bank & un summer & fall continuous:summits on millennials post-2015 goals

post sheikh hasina-tokyo visit journalism debriefs next week
dc summits in june - us africa diaspora june 21results with jim kim june 23
mexico summits : microcredit first week september; global social business summit october
Brookings contacts: CEO  Antholis- CEo secretariat Han Chen:  China Qi Ye -Grassroots Energy networks. Yao Ming - Superstar Youth networks us-china
TOP 24 Youth Future Capitals - Diary Case San Francisco -Bay Region - Urgent gamechangers
Better World Wireless -from the nanocredit futures mindset
Youth investment processes; puddles, kiva zips
Future of the internet : John Perry Barlow, Howard Rheingold
Moocs- courseras and sal khan academies -main problem john doerr
Energy University - Presidio
Social Entrepreneurs who understand open education's and open risk freedom - skoll networks., brilliant ilabs. Questionmarks include- why are google's best for africa impacts not obviously connecting youth in any other hemisphere ? Why didnt twitter learn from ILabs and ushahidi?  Is scharzeneggers radical mayors network of energy alive or dead- is it only a white mayors network or does it unify historically black mayors?  How fearless are Sharon Stone (with Ted Turners daughter) when it comes to womens empowerment? Is there anything more Grameen Intel can do up and down west coast? Why did Khosla and Mcneally not live up to dads future capitalists of silicon valley- and particularly why did Mcneally support the macroeconomic thinktank DC Centre for Global Development? Did kickstarter micro-irrigation network block what could have been San Francisco 's opportunity to learn from Paul Polak's 25 most radical bottom-up multinational models? Why did Gary Hamel. CK Prahalad and Polak never talk to each other in empowering youth to compete for being trusted to free bottom billion's future markets



 Norman Macrae Remembrance Party 4

There were 3 main topics of the 2 roundtables in 2012 led by Sadoshima and Sir Fazle Abed as I recall them

1 How to reconnect everything that could have been learnt about how the future of banking and the future of all development value chains needs to interconnect-  having agreed that BRAC is at epicentre of this issue inside Bangladesh we formed a journal club around the MIT innovations issues on financial inclusion - my one slide summary (as I see it) is attached -latest world bank view in this area

2 How to maximise wizard youth open technologist trades between Bangladesh and major economies across the region - Yunus leaflet in 2006 called growing up with giants was optimal starting point on that - a particular issue was how this applied to open education

3 We bought some copies of the social business book you published in Japan for embassy to discuss whether that gave unique interpretations of model and application areas

Mostofa knows about 1-3;  Shafqat knows particularly about 2; Naila does most to update me about futures of mobile and which billionaires are on the case of women empowerment; anna in san diego knows most about the difficulties of teaching usa "yes you can" students who used to love microcredit and want to revisit the last 7 years that banking goodwill crises (top-down and bottom-up) have muddled every system



Born 1971 as world's poorest 100+ million nation, first 40 years of Bangladesh have witnessed the greatest end poverty economics and rural networking paradigm. This could not have been achieved without all the interfacing women empowerment service microfanchises shown below. Before 1996 these were designed through places with the least communications and infrastructure (eg no electricity). For www tech partners,  Bangladesh became the first and most vital mobile phones labs for developing youth born in poorest villages. 

What happens the day after your nation's banking system dies? Scots have been studying this world citizen crisis since early 1700s, when a banking scam bankrupted our nation; England colonised us; over half of scots had to go abroad to find jobs. Would you like to help us find a collection of downloads that may help you rehearse what to do after your banking system dies-

by coincidence muhammad yunus was at 10 Downing Street the day the UK bank system died in 2008- his friend Gordon Brown is now UN envoy for education- let us hope that school children everywhare are encouraged to join the search for what to do the day your nation's banking system dies (eg world's most effective primary school curriculum for financial literacy began in orphanage) 



 So the most valuable rural hubs ever seen were invented by brac and grameen as circles/centres of maximum 60 village mothers - who formed their own markets for their own income generation and community regeneration. The greatest pro-youth hubs have been designed in africa providing spaces where youth would otherwise fall out of school (or never get to school). Microcredit as a hub process depends on transforming through 3 versions  ...

so the world's leading primary curriculum of financial literacy (alfatoun) was innovated out of an indian orphanage before it scaled to 100 countries- the smartest question asked by any new yorker in 2008 came from a 9 year old kid among 2000 readers of yunus at barnes and noble; the smartest training jp morgan ever heard on community banking came in 2009 

 The Listening Barefoot Banking Branch Manager - live!

Back in the day (1972 BRAC; 1979 Grameen), the first job of any barefoot bank manager was to go live rural and facilitate) a 5 day intensive (5-mothers per team)  paulo freire program was developed - no poorest bangladeshi mother in next 14 years took a microcredit loan without getting this free training -direct references : sir fazle abed, mrs nurjahan begum - the first savings moms made were channeled into their children getting 5 years of end illiteracy through 40000 informal village primary schools similar to those Montessori-Gandhi innovates around 1930. Interviews in Embassies in Dhaka show that eg DFID pumped 1 billion dollars into such schools- but the day after not really a cent for job-creating edu from 11+  (Part 2 in 1996 village mothers were asked to start testing mobile phones with the biggest telecom billionnaire - instead of defining millennials goals around this educational opportunity the exact opposite was done by West's biggest aid )

So 42 Years ON - where are we in breaking generations of illiteracy as first action learning of end poverty, and job-creating edu as the next bridge.......... 

The Economy of Human Relations: Microcredit and Social Business, Prof Luisa Brunori, University of Bologna

Grameen Technology Lab - poor friendly technology partnering out of Japan by Profs Okada, Yasuura, Drs Ahmed, Ishida, Kyushu Uni, Fukuoka

Markets and Health in the Home of Smith and Yunus by social business professor Cam Donaldson & Glasgow Cal Team

BOP versus Social Business by France's SB Professor Frederic Dalsace of HEC and Professor David Menasce

1 Eleven hot discussion topics from first Dr Yunus Book on Social Business

Grameen Japan and Yunus innovate social business partnerships




.GlobalDreamRealised- Lucknow @ 60 -astonishing solution  an average illiterate person can learn to read to a newspaper within a month or so with just 10-20 minutes of time investment per day. They do not need a teacher, or a classroom, or fixed timings. They do not have to spend 3 years to start reading. Anyone can become a mentor and they can learn anytime, anywhere with anyone’s help and quickly".....



 The 2014 Microcreditsummit is in Mexico Sept 3-5

Breaking News- women banking's greatest film - premeier seattle may 2014 and ... where/when are world's best meetings on youth job creation? - help with research/local networks for 25000 youth assembly Atlanta Nov 2015

Appeal to millions of colege stuidents across world - checkout #2025now  #2030NOWacross usa #2015NOW (diaries of youth meetings to take back control of millennium collab goals and investments post 2015)

can you help with

 Class of 2013-2014 what your biggest question on curriculum of microcredit, and do you have one-page answer (or maximum 9 minute audio or khan style debrief) ???

we welcome chance to publish either questions or questions and answers -

 khan style peer to peer networks of microcredit dont yet exist - see health knowhow model - why not microcredit next?


Welcome to - we value microcredit as the financial world's greatest human and social innovation but only when it is converged with revolutions in education including health, nutrition and clean energy, open technology, bottom up value chain (transformation of free markets to be those with trillion dollar purposes). Before we build up the exact sequences of convergence that the world's most trusted end poverty microcredits built- we wish to restore some mediation values started by a Scot in 1843 when he came down to London , was elected as an MP who would throw out all vested interest MPS, and launched The Economist as his undercover tool for redesigning the English constitution from top of slave-making empire to epicentre of commonwealth. In 2018, we invite you to judge the first 175 years of James Wilson's journey. By this time we hope moocs of his mediation will be available not just to undergraduates anywhere (eg 1 2 3) but wherever the livelihood curiosities of 9 yera olds up are most celebrated

 our associate youth correspondent webs at include

Africa Asia Americas

UK Scotland Europe

Belgium Germany France





energy food 



To Fans of MC: Four principles of Entrepreneurial Revolution the curriculum started in 1972 when The Economist first saw hundreds of youth experimenting with digital learning networks


  1. This video by Sir Fazle Abed (one of our generation's 2 greatest collaborators in the race to poverty museum explains why anyone who devalues large scale in the pursuit of the beauty of  small is extremely anti-social-particularly to those starting with the least
  2.  Another reason why some people dismiss any systemic design rules of alumni of Schumacher revolves round energy energy. From 1800 the main lesson is places that have access to energy are the only ones that have ended poverty (exponentially increasing wealth and health by up to 200 fold)- however this is why abundant sources of clean energy like solar are fundamental to an economist of entrepreneurial revolution.
  3. You dont have to be anti-schumacher to get irrationally disturbed abythe 3rd future design principle of ER -even though mathematicians including Einstein support it. The worldwide needed to design global vilage networks celebrating the places where the most livelihoods could be raised. This is what Japan and Korea started in the East after world war 2 and which they needed to be ecncouraged to unite with China and via Bangladesh,(including all compatibles mindsets of cross-cultural leadership such as gandhi and mandela mindsets)  worldwide youth. ER3 If there is to be a global reserve currency then sustainability through the first quarter of the 21st C will require it to be weighted around the Eastern Hempispher rising where over half of all youth's productive lives need to be raised for the wholeplanet to be a happy, free, collaborative, borderless entreprise zone as well as sustainable. While the chalenge of micropcredit in the pre-digital age was a wholly vilage affair, in the digital age the crises of how to design microcredit (ie safe community banking with hi-trust values) needs to ,link in all who celebrate worldwide youth's futures 
  4. ER4 get rid of examining children on curricula designed in ages of empire as if there is always one perfect anser- diversaity and sustainability are not designed like that. Nor is action learning optimalised by examining - instead peer to peer systems where stiudents first become the world's best questioners and secondly collaboratively connect each other in peer to peer entrepreurial development is the way ahead wherever parenst value youth

 Thanks to our associate web reporters at and

Spring 2014: hottest youth forum space we know of for impacting post 2015 millennium goals  Blog of 25000 youth and yunus convergence Atlanta Nov 2015 at 

Help search most relevant

twitters eg  MYunuslab GlobalGrameen  #2030now 

Facebook microeconomics'

Youtube GlobalGrameen and Social Business


 comparing 2014-15 Top 21 Entrepreneurial Revolutionaries for youth/net gen to action learn with


Economists and all trust-worthy politicians now know that the number 1 cause of poverty is not having a bank that serves your income generating potential

There are still over 2 billion people (especially youth) who live in bankless families. So this web is about the question - if you would like to help - which of tehse types of banking system would you most like to know more about


Glossary -rural means without infrastructure (ie no electricity, no sanitation, no running water, muddy pathwways but not roads you could send large trucks down) 

 10-times more economic markets can be mobilised bottom-up; help us link together this micro curriculum based on tens of millions of microentrepreneur practioners:




From The Economist's Entrepreneurial Revolution Curriculum 1972 -Why did Keynes say that ending poverty was the core system purpose of economics? Because ""poverty" is a world designed so that babies have a chnace of being born into failed communities regarding one or more of following dynamics of human being:

Won't grow up healthy and with normal life expectancy

Won't become literate 

Won't enjoy peace or personal safety- will be abused as a demographic underclass or isolated as someone's slave

Pervasive joblessness (unfree markets) makes chance of developing a livelihood  (and happy family) abnormally small -n other words a place or nation is failing the late 18th century criteria of liberte and egalite around that thise who coined the word Entrepreneur invited all parents to communally search out

For alumni of ER, ending poverty as a defining social movement of the coming net generation was not just a moral sentiment issue- at the tatrt of the 21st C man would see his greatest risk as a sustainable species as fufferences in incomes and expectations of rich and poor nations. Leadership of a place would be untenable as all youth (and people) became interconnected and rampant inequalities became transparent regarding 7 billion being's freedom and happiness  


 The Economist was founded in 1843 to severly test leaders of the industrial revolution on future of capitalism. From 1972 it posited that a post-industrial revolution would require an even more urgent simultaneous and borderless test of the first generation of the 21st and its ability to value humanity's miost collaborative goals. No alumn of adam smith had worded these chalenges with more foresight than schumacher- if systemic faults in industrial age top-down professions had spun world wars, what would failed design exponentially collapse? However we find the word small unfortainte- what worldwide openness needs to scale is bottom-up and communal sustainability. Hence Entrepreneurial Revolution sets the valuation task of searching out 30000 microfranchises- systems where the value of production stays largely or wholly in the community in which it is made


That soul-destroying, meaningless, mechanical, moronic work is an insult to human nature which must necessarily and inevitably produce either escapism or aggression, and that no amount of 'bread and circuses' can compensate for the damage done--these are facts which are neither denied nor acknowledged but are met with an unbreakable conspiracy of silence--because to deny them would be too obviously absurd and to acknowledge them would condemn the central preoccupation of modern society as a crime against humanity.E.F. Schumacher (1911 - 1977) Source: Small Is Beautiful: Economics as if People Mattered

The key words of violent economics are urbanization, industrialization, centralization, efficiency, quantity, speed. . . . The problem of evolving a nonviolent way of economic life [in the West] and that of developing the underdeveloped countries may well turn out to be largely identical.
E.F. Schumacher (1911 - 1977)
Source: Small is Beautiful: Economics As If People Mattered

Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius - and a lot of courage - to move in the opposite direction.
E.F. Schumacher (1911 - 1977)

After all, for mankind as a whole there are no exports. We did not start developing by obtaining foreign exchange from Mars or the moon. Mankind is a closed society.
E.F. Schumacher (1911 - 1977)
Source: Small is Beautiful, A Study of Economics as if People Mattered, Ch. 14
Contributed by: Zaady

I have no doubt that it is possible to give a new direction to technological development, a direction that shall lead it back to the real needs of human... but an entirely new system of thought is needed, a system based on attention to people, and not primarily attention to goods. . . .
E.F. Schumacher (1911 - 1977).............................................................................................................................................................................................................................................................................................................................................................................................


 If you would like to help youth edit peer to peer action learning of the main curricula of microcedit -email telling us which model you love most - G(Grameen), B (BRAC), J (Jamii Bora

Model G1 Rural mothers' bank built around 60 women coomunities each of who form their own market of mutually needed services. Every member joined both a credit and savings club, and several days of induction as a 5 member self support team was offered free (pedagogy used was adapted from Paulo Friere and previously illiterate women learnt to sign their own name and count money. They were offered the chnace to break with cultures of isolation and become a social movement regeneration their own microcommunity at a 60 person centre -permanent space assigned for their own meetings)

Here are some of the markets that evolved

Typically a community would start by working out how many people it needed to rear chickens for eggs, husk rice, collect clean water, look after infants while thers worked,  organise village security and basic health eg delivering baby .

Many communities also had one special focus that had been passed through generations- eg clothes making. This might be the source for first inter-coomunity trade.

The first general  invesments made by the bank in microfranchises were - vegetable seeds particulary carrots because infant nutrition was poor. The rural branch manager's team would visit 60 communities of 60 mothers every week- carrying carrot seeds was something the banker could portably do!

pit latrines for every member were the next investment

together with the communal promise by mothers that they would organise around sending all children to primarily school. The school wasnt part of the bank G1 model but fortunately bottom-up primary schools were funded by another network serving the poorest 

A next investment was the smallest dwelling that could be monsoon and cyclone-proof and integrated with a it latrine. Loans for such were only offered where the property right was wholly owned by the mother

The bank would keep am eye out for agricultuaral tools etc that would benefit the poorest in particular types of environment-and provide a test market as to whether this helped the poorest create value - eg hiring out treadle pumps worked in a segment of villages

After a decade or so the members savings were sufficient to start funding insurance - life and wellbeing being the 2 first insurances that it was affordable to deliver. 


 Model G2 Rural womens bank but after 15 yeras of savings some infastructures had been invested in through the familes savings including mobile connectivity

When mobile telphone franchises started to spread around the world,  the first one or two offered to nations with 95% poor people were offered at bargain prices. Sufficient for the highly trusted G1 brand to be first to scale a bid. In rural communities, ome women per 60 was franchised to become like an early telgram operator a hundred years ago. For secveral years this becamse the most entrepreneurial job the vilage mothers had ever had access to. Next villages started becoming test laboraties for the most life criticak services that a mobile world could connect. Meanwhile the voage mothers investment grew as a citizens service too whose share of the profits were returned for investment in the vilagers (particularly their health services)

The other extraordnay savvy investment by the G-banking system in infrastricutre made on behalf of villagers turned out to be solar energy. 

 Model B1 like G1 completely rural but in this system design of banking to end poverty it is decided that a living wage market can't be sustained by communities until whole value chains such as eggs or milk production are redesigned- once this has been achieved bank provides poor the capital and knowledge they need to operate a microfranchise within the market all of whose profits are returned to the microfranchise owners.

An early case of market value chain transformation was chickens. The scrawny vilage chicken in Bangladesh circa 1980 did not lay enough eggs for chicken keeping to offer a village mother a living wage. So a superchicken was bred that layed many more eggs. But it need regular innoculation so the job of chicken microvet was created. Also now that more eggs were produced than vilagers need, a job of distributing eggs to cities was created. As tens of thousands of villagers connected vilage-up eggs production, it was necssary to develop chicken feed but from spaces not capable of vegetable agriculture for human consumption. That's 5 types of jobs- breeding , vetting, keeping chickens,  distributing eggs and supplying chicken feed. Over time nearly 100000 jobs were created and bottom-up egs production became the market leader. Vorresponding initiatives were designed by the microcreditbank around various crops as well as the dairy sector.

Like the G1 system, microbankers hosted village circles weekly in which savings, creadit and other services (including bottom up legal rights) were integrated for family and community development. Unlike the G1 system of this grassroots network had been in bottom-up disater relief, basic medical and literacy education. As the most trusted rural NGO across the nation, it also received funds to develop village primary schools- something the government of the new 1971 nation of Bangladesh did not have the resources to provide for (as it focused on city schools). 

Model B2 like model B1 but primary schooling is also run by the bank for poorest villagers' childern Model B3 like B2 but now some infrastructure investments including mobile connectivity are integarted  Model J1 aims to bank for those living in slums bordering cities including youth as well as parents. Started post-mobile age so that all transactional records are mobileModel 21.1 cashless banking for the poorest (ie no cash except for last mile trade Model Other 



 Welcome to helping everyone tofriend hi-trust economists concerned with designing futures for net generation to live most productive and sustainable lives ever seen on our planet Job Creation Agent at Norman Macrae Foundation  -Youth Capitalism and Open Education -tel Washington DC region 301 881 1655 - come and discuss microcredit as one of top 100 microfranchises ever searched -or clarify whether the job creating future of your community needs the grameen model, the brac model, the jamii bora model or another model from global banks with values

43 years ago my father founded (see annual newsletterEntrepreneurial Revolution as a Future Systems designing curriculum at The Economist . 1972: we had both just shared a life-changing moment- seeing youth test out early digital learning networks at the UK National Development Project for Computer Assisted learning - my first employer after gaining a postgraduate diploma in Statistics at Corpus Christi, University of Cambridge.

Here are 4 unique purposes which we try to value in every win-win modeling analysis and editing decision made at our associated web sites, nings, blogs, googledocs and other micromedia:


  • is for studying how and when microcreditsummit was the world's most collaborative network for youth to link into serving the millenniums most heroic gols - and where will be the most collaborative network next -see our wiki on youth summits or email in your suggestions
  •  er7211.jpg
  • Entrepreneurial Revolution year 43 -how to design futures so that net generation is most productive and sustainable tome to be young worldwide 
  • The Economist Year 171 - how to mediate an end to poverty being the most fundamental system design of any wholeplanet economist
  • Norman Macrae Foundation - how to continued to host remembrance parties after my my fathers last public one with Dr Yunus 2008 Royal Automobile Club with 40 people who wanted to make London a top 10 capital of race to end poverty and job create with youth - now that I live in DC the two capitals I work on trying to make a top 10 twin job creating capital are Atlanta and Glasgow; I would like to do better at connecting DC and NY citizens; I am confundent that youth in Boston and san Francisco can help lead open education; I see the capitals in South Africa as furthest ahead in revolution of free entreprenurial education and empowerment - I love to discuss how other people see this future youth capitalism map
Norman Macrae Foundation, co-publisher of special issue celebrating first 15 years of microcreditsummit - sample to 1500 delegates of world microcreditsummit, Spain, 2011




 2008 From the last article of The Economist's Norman Macrae, founder in 1972 of The Curriculum of Entrepreneurial Revolution of the Net generation

December 2013 Update: we'd like to thank the Principal of Glasgow University and Adam Smith alumni for hosting the 4th remembrance party of Norman Macrae as a co-celebration with Glasgow's scholar Andrew Skinner -the discussion of how to launch a MOOC on new economics and microeducationsummit movement was most enjoyable

This follows 2011's remembrance parties with Taddy Blecher of the Free Universtity movement of S Africa, and the Ambassador of Japan to Bangladesh celebration of Norman's joy in celebrating Bangladesh's  start to a 5th decade as a free nation; and the inaugural remembrance party hosted at The Economist Boardroom  1  ; micro-up economics 1; top 100 right old muddle videos  

norman's favorite mentor was Keynes - Nobody rules the future of the world like economists - the only question youth need to relentlessly ask is:  which economists are ruling over sustainable exponentials up,  amd which crashing exponentials down? (adapted from last 3 pages of Keynes General Theory) 

When and how did microcreditsummit become the world's most collaborative network?

Since co-editing 1984 book on the future systems the net generation could most productively and sustainably map with Norman Macrae, surveying the most collaborative network for youth to belong to has been an amateur passion of mine, which accelerated once I first got an email account in 1994.

Between 1994-1999, there were lots of citizen chapter webs - although many started with dreaming social futures they increasingly got sponsored by the same big-heds who built most dotcoms to flip; an exception was the social capital chapters anchored around the magazine Fast Company which thrived until the end of the dotcom boom;  in parallel knowledge management (a very diferent subject from Drucker and my father's knowledge co-workers idea started to get huge funds from regions with goals to become number 1 knowledge economy - the European Union knowledgeboard being an interesting paradigm or so i thought until it sacked me as a volunteer editor because the way I value trust in creating jobs for humans clashed with the luxembourg big-corporation mandate to use IT to replace jobs;

microcreditsummit grew and grew from its inaugural summit in 1997 while knowledgeboard was failing with infamous political decision in Bruessels that the people dont understand the need to research of valuing trust (so we will wiat unitil Europe is hit by at elast 3 Enron collapses in the same year) ... however while nobody was as prescient as 9 year old fan of Dr Yunus about the coming wall street crash in jan 2008, microcreditsummit had already lost its way by this year- not organisiing a single debate that any other famous economists were drawn into.

But there is more to the story of how microcreditsummit continue to be an epicrcetre for debating race to 2015's millennium goals here (this includes the story of the remarkable 30 year structure of results - perhaps the only real bottom-up citizen lobbying structire in the USA but one whose fine goals are no longer matched by being able to educate on solutions

- meanwhile (with open education being the greatest chamgemaking game since the introduction by berners lee of the www itself)  2014 may be a good time to suspend claiming any summit is the worldwide youth's most colaborative until we see which converge by end of 2015 to most intgrally involve youth in choosing post 2015 goals and how to co-produce them

League Table of Future Capitals (source research 1 2) trying hardest to twin in billion jobs co-creation with youth includes:

Joburg and Capetown

(Rising) Atlanta

Trying hard Glasgow and Tokyo


Budapest & Warsaw 



Open education movements within San Francisco and Boston (MIT) 

nominations welcome 

 we dont have enough information on Chinese Capitals but would love to connec



Norman Macrae Foundation and is looking to give away the following global village web sites to youth who could make most job creating and collaborative correspondence in helping to twin capitals og bollion jobs co-creation with youth


please contact if you have an idea- nb this particularly correpondence will be circulated around youth correspondents as massively and openly as we can - so please only contact us if you have an idea that will stand up to coillaborative judgement by your worldwide peers 


Washington DC is at the epicentre of so much pie in the sky NGOs- entrepreneurial revolution aliumni want to ground some bottom-up movements around the leading development studies student in this part of the planet

I am writing to see if you can help  form an entrepreneurial association of friends of owners of orphanages who want some of the  dynamics of their orphanages to turn into job creating labs (for the community and for apprenticeships of their orphans) and linked in youth search networks around DC, and through historically black universities once DC has sustained student network momentum in the form of student clubs or whatever passes on across college years 

I am writing NOW for the following reasons 

1 I am fascinated how africa's best model for a youth microcredit  jamii bora (whose founder Ingrid Munro I know quite well) began with a love of orphans and how the would leading primary financial literacy program aflatoun was innovated out of a mumbai street orphans foundation 

2  I have spent a little quality time with 2 orphanage owners -enough to know they are life-dedicated to their orphanage's sustained future. Dc-based Kadiatou  founded an ophanage in mali and is strongly supported around DC and through the MALI embassy; Navneet in atlanta owns several orphanages which he set up in areas after disasters have struck. I have discussed with both the idea that the orphanage can be a 21st c hub for job creation especially as it often has advanced resources compared with the rest of the community in healthcare, in mobile or technology access , in green or agricultural knowhow. The jobs-smart orphanage has an interest in knowing what apprenticeships (and peer to peer training networks) the community needs to develop. In fact it has an interest in changing local educators wherever they are not microentrepreneurially directed at livelihood training. As you may know the true microcredits out of Bangladesh were founded around making markets for 60 village mothers at a centre; why should orphanages be futures-centres of a similar energetic spirit 


3 University of District of Columbia - the main HBU in our whole region - is launching a term of social enterprise activities on january 30  (culminating in a social enterprise competition which is the community-deepest and most collaborative in the region for connecting with specific goals that HBU spirit uniquely resonates as do what I used to think of Obama Yes We Can youth back in 2008 ) This spring process is coordinated by Sylvia Benatti who I have known for 2 years now and one of their first speakers will be the Martin Luther King alumni coincidentally called Chris King who is leading the conscious capitalism chapter in DC region and connecting knowhow of benefit corps and black youth in the region and diaspora models across africa- some of these diaspora models use analogous processes to ones orphanages could be using - eg in crowdfunding - so it makes sense for everyone to share best practice knowhow of these processes which help youth support any community that has become digitally o otherwise disconnected from livelihood investment 

3 I believe an association of orphanages could also help map out which eg african embassies in dc actually want students to help with projects like these. There is a lot of PR talk in DC of better connecting students and aid/development organisations but from the student viewpoint I see very little collaborative action spaces for doing this in ways that sustain across year to year. Such lack of longitudinal collaboration is a great failing in major DC universities systems and if they need to get zero rankings on this metric in the coming US value guide to universities so be it.  It would help tremendously if embassies would longitudinally clarify when they actually want help from students who are are passionate about their country's sustained development 

4 By coincidence I received the footnoted message today from Pastor Dickinson- now I have never heard of this organisation - but verifying such cases is something a group of us could do - especially if the end to end diaspora clubs king has told me will be forming this year through DC take shape 

5 Over the next 2 years friend and I aim to link both the most grounded and collaborative youth summits ever seen in usa - see my blog or my father's 42 year old curriculum of entrepreneurial revolution  and the most extreme open education and apprenticeship projects where capital cities wish to twin both in job creation and youth participation in millennium goals. Having an association or friends of orphanages who want to create jobs would fit as one interconnecting process between such summits and educators- though i hugely welcome hearing any other ideas youth/students have that could massively and collaboratively fit this 

6 I am fascinated how africa's best model for a youth microcredit jamii bora (whose founder Ingrid Munro I know quite well) began with a love of orphans and how the would leading primary financial literacy program aflatoun was innovated out of a mumbai street orphans foundation 

7 I have no wish to reinvent the wheel- if you think there is already a space out of DC that connects the above sorts of actions - please tell me where/who it is 


chris macrae bethesda 1 301 881 1655

Norman Macrae Foundation - Youth Capitalism and Open Education

Archives of The Economist's 42 year long curriculum - Entrepreneurial Revolution and Collaboration Futures of the Net Generation 


Footnote case (source not yet verified!)

Pastor Ruhasha Dickson has sent you a message.
Date: 1/03/2014
Subject: Assist children Poultry farm for poverty eradication
Dear Chris Macrea, 

Friends Orphanage School. FOS is a community based organization Reg. No UG/CBO/MAK- 220 in Uganda that started in 2001 with a plight for HIV orphans,vulnerable children & needy women and operates under the Cornerstone Miracle Fellowship church. Our support to 450 orphans is in education, food, medicine and shelter. 

FOS charity is currently undertaking a project to implement a children's nutrition and poultry farm project to feed children, provide children between 9-15 years with skills in birds rearing for self dependence, generate incomes through egg an meat production for sustainability and create jobs to our local people hence eradicating poverty.Its for this reason why we write to request for your funding support to Implement this poverty eliminating program at Friends Orphanage School (UG.). With your 1 time funding Grant of $10242, the poultry farm will be implemented to innocent lives. 

waiting to hear from you. 


Pastor Ruhasha Fresiano Dickson 
CEO Friends Orphanage School - UG 

Norman Macrae Last article 2008 65 years after his last days as a teenager navigating RAF planes over modern-day Bangladesh in world war 2


If banks in rich democracies had been truly competitive

institutions, at least one of them somewhere would have seized

the main opportunity created by the computer. This main

opportunity was to make all deposit-banking vastly cheaper than

ever before. By this cheapening it should make such banking

hugely more profitable. Then further competition would search

for the cheapest ways to guide all the world's saving into the

most profitable (or otherwise most desirable) forms of capital

investment, thus enriching all mankind.

Instead, during 2008 the total losses of banks in rich democracies

- in North America, West Europe and Japan - soared into trillions

of dollars. Fearful for their solvency, these banks virtually stopped

lending. The issuance of corporate bonds, commercial paper, and

many other financial products largely ceased. Hedge and

insurance firms also crashed. Mankind is thus threatened in the

2010s with its longest great depression since the hungry 1930s.


Why? The strange answer seems to be that other happy

consequences of modern technology promised to make this

cheapening even faster. Call centres in Bangalore vastly undercut

the middle class salaries of Midland bank clerk who until the

1950s expensively answered clients' questions in their branches

in the City of London. Cheap mobile phones kept village ladies in

once miserable Bangladesh as fully in touch with market prices as

is the chief research officer of the First National Bank of

Somewhere in California. His weekly salary is still 1000 times

greater than the previous annual earnings of that village lady. The

cost-effective way of running the old Midland or First National

then seemed to be to cut its total salary cost by something like

99%. This did not please Western welfare governments, or the

decent chief executives of the old Midland or First National bank.


Western welfare governments have long preferred to run their

banks in high cost cartels, and even invented reasons why this

seems to be moral. Their deposit-banks have usually kept in cash

only 10% of the total amount deposited with them. If 11% of

depositors suddenly feared that their banks might go bust, this

could accelerate a run that would send them bust indeed.

Governments therefore thought that depositors would be less

fearful if they were assured that the banks were officially and

tightly regulated. Actually, this mainly meant that the banks had

to hire ever more expensive lawyers so as to escape any crippling

consequences from this regulation. The attached quote shows

that Samuel Pepys understood this fact of life in his Diaries of July

21, 1662.


I see it is impossible for the King to have things done so cheaply

as do other men

- Samuel Pepys on discovering an important commercial fact of

life in his Diary, 21 July, 1662


The decent bosses of the deposit banks felt that the best way of

avoiding sacking nine tenths of their staffs was by competing

with a very different sort of financing called merchant banking

whose earnings and bonuses were far more generous than those

given to their own staff. These merchant banks were of peculiarly

differing pedigree. In London, it was assumed that they could best

be run by families like Barings who had done the job for over 200

years. In the 1990s, Barings went totally bust because one of its

hired traders bet much of its money on a hunch that a bad

earthquake in Japan meant that the shares of Japanese banks and

insurance companies would become more profitable. In Zurich,

merchant banks felt it most moral to keep the accounts of their

depositors totally secret, especially if these accounts were being

used to defraud their own countries' tax authorities. In 2008 those


secretive banks were then defrauded. In Wall Street, Goldman

Sachs and Lehman Bros bid up their annual bonuses to millions of

dollars for each partner. In 2008 even Goldman Sachs made a loss

and Lehman Bros went bust.


A former chairman of the Federal Reserve argues that "fearful

investors clearly require a far larger capital cushion to lend

unsecured to any financial intermediary now". He therefore thinks

that taxpayers money should be ladled into them to make those

investors less fearful. This seems far more likely to make

depositors intermittently more terrified and cause any depression

into the 2010s to linger on and on.


One of the few big banks to make a profit in 2008 was the

Grameen Bank (which means Village Bank) in that once basketcase

country called Bangladesh. The sole staff in a branch serving

several villages was once a woman student. It is now more usually

someone who has learnt to use the computer in the right way.

The rest of this report will examine how this marvelously costcutting

operation works




Larry Reed;s summary from 2013 microcreditsummit in Philippines


What is the key message coming out of the Summit?

The overall theme of the 2013 Microcredit Summit was “Partnerships against Poverty: Government, Business, Finance and Civil Society,” and I think I can best characterize how the theme was realized with a quote from World Bank President Jim Yong Kim: “Together we can achieve an important milestone in human history. A world that is free—truly free—from extreme poverty.” In a pre-recorded statement, Dr. Kim said, “To achieve this bold vision, all of us will have to work together, including civil society, as well as our public and private sector partners. The many organizations involved in the Microcredit Summit Campaign and the 100 Million Project are making important contributions to these goals….”

This became the refrain for our three-day Summit. In plenary presentations and workshop discussions we explored how, through partnerships, technology, and innovation, microfinance could do a better job of reaching those living in extreme poverty and facilitating their movement out of poverty. Central Bank Governor Amando Tetangco, Jr. and Budget Secretary Butch Abad, both from the Philippines, and Indonesian Minister of Cooperatives and SMEs Syarifuddin Hasan joined Dr. Kim's call for financial services providers to reach the excluded with products and services that enabled them to build resilience and take advantage of opportunities. Learn more about the opening plenary >>

What Summit highlights do you not want people to forget?

The tone of the Summit was inspiring and exciting to see. In the closing plenary, Nobel Laureate Muhammad Yunus declared, “We have the ability to end poverty in the world. We just need to come together and use our creative power. Initiatives from citizens and social business can make this happen.” Professor Yunus called on us to work within our countries to help them first reach the Millennium Development Goals, and then move on to the goal of ending extreme poverty by 2030."

Plenary speakers filled in the “how” for how we could work together to achieve these goals:

  • Regulations and policies: Regulators and policy makers have an important role creating an environment that allows financial inclusion to reach those in poverty. Representatives from apex banks in the Philippines, Bangladesh, and India described the policies and regulations their countries employ to achieve financial inclusion.Learn more about this plenary >>
  • Digital transactions: Technology can be harnessed in many ways to deliver financial transactions at much lower costs. Further, working in this space requires new levels of partnerships between financial service providers, communications companies, and payment processors. Learn more about the “partnerships” and “reaching deeper” plenary sessions.
  • Reaching lower and farther: Practitioners from around the world pitched different ways that financial services could reach those in extreme poverty while helping them deal with other challenges in their lives. Policy makers told of efforts in the Philippines and Latin America to reach those in extreme poverty with government support programs tied to banks and microfinance providers. Learn more about this plenary >>
  • Social business: Businesses can address multiple dimensions of poverty and other social problems through non-dividend, non-loss companies. Creative examples of how MFIs work with social businesses to address a variety of social problems and vulnerabilities are pharmacies, clinical labs, client-owned insurance company, and marketing companies that sell client-made products. Learn more about this plenary >>

Finally, the 2013 Summit provided a venue for recognizing microfinance providers that meet high standards for reaching people living in poverty and designing their programs to address the needs of those clients. We recognized the first seven Truelift “Milestone Microfinance Institutions.”

What will be the ongoing impact of the 2013 Summit? 

Given the strong commitment of the event’s participants, we consider the 2013 Summit to be the jumping off point for the birth of an expanded microfinance, one that sticks to its original promise of ending poverty and embraces partnership and collaboration. By the end of the Summit we had over 160 Commitments on the ‘Commitments Wall’ with actions participants pledged to take to reach deeper levels of poverty and provide more pathways out of poverty. We also publicly announced 17 official Campaign Commitments to reach those living in poverty and measure progress as they move out, as part of our 100 Million Project. See these Commitments >> 

The final day of the Summit was dramatic. Typhoon Santi gave us a stark reminder of the need for this focus on ending extreme poverty. Rising floods and falling trees killed some two dozen people that night, most of whom could not afford to move to a place of safety and shelter.

For those of us who attended the Summit, our commitment is to ensure that microfinance and financial inclusion serve those who are most vulnerable and provide tools that help them build resilience and ladders out of poverty.

We closed the 2013 Summit with the adoption of the “Partnerships against Poverty Summit Declaration.” It states that, “We as the 2013 Partnerships against Poverty Summit participants, declare, collectively and enthusiastically, THAT EXTREME POVERTY CAN AND WILL BE ENDED BY THE YEAR 2030.” And it concludes, “Poverty will not be ended by a single organization, but by the collective achievements of thousands of individual organizations and initiatives, collaborations and partnerships.” Learn more about the closing plenary >>



Can you help millions of youth collaborate round missing curriculum of human sustainability? is a project of Norman Macrae Foundation for Open Edu and pro-youth economics 
-if you wish to collaborate rsvp washington DC tel 1 301 881 1655

 Do you know of the 2 changes to the future of the world - and of economics - that happened in 1972?

  • The Economist created the genre of Entrepreneurial Revolution to debate whether the first net generation would spin one of 2 opposite outcomes- the greatest freedoms and happinesses 7 billion people had ever co-produced or the loss of humanity to Orwell's Big Brother syndrome
  • Bangladesh started up humanity's most collaborative and purposeful networks with BRAC from 1972 and Grameen from 1976. They were designed around the futures youth needed most from banking, education, market's value exchanges, nutrition, health and from 1996 mobilizing open technology's most vital applications

Note history's greatest lesson since 1800. Places have only been granted the opportunity to sustain growth if they have been liberated by energy and open education; this isn't sufficient to make a place entrepreneurially happy and free-social business modeling of life critical services including water, nutrition, health, property and banking for all become the greatest innovation challenges for peoples to mediate.


Professions and politicians pose the greatest compound risks to humanity as they so often monopolise how man-made systems are controlled in ways that spiral viciously around 1% or les of most powerful people


By 1984, Alumni of The Economist (and Open Society)  knew that the sustainability of the net generation depended on freeing 30000 microfranchise curriculum. The immediate suggestion - pro-youth economists need to massively openly debate millennium goals and prepare to structure open society networks so as to make the best of old public mass media and the coming of the internet's new media. Keep asking which network most massively empower youth and citizens to value co-producing goals that humanity could only dream about while distance separated peoples from openly multiplying life-changing knowhow


The death of microcreditsummit as millennium goals most exciting human network. When we first started tracking networks in 1995 , many contenders for humanity's most purposeful network appeared and disappeared - microcreditsummit starting in 1997 looked as if it would last longer than most. But then it got muddled up with the same big banking sponsor and warring top-down politicianss that crashed the future of money  and started to destroy the futures youth most needed economics to design the net generation around

Help with microwiki: Curriculum of how millennium goal summits prior to 2015 failed

YUNUS INIVITATION 2015: Join 25000 of the world's most entrepreneurial youth, 10 Nobel Peace Laureates and every sustainability investor Atlanta can link in relaunching the greatest collaboration golas and action networks humanity is capable of


 Long live microeducationsummit and YMOOC

-help map why only microeducation summit can save us from now on



click pic to join microcreditsummit conversation



to help improve youth's number 1 curriculum of how to design job creating banks 


help identify leaders sustaining pro-youth market purposes


pro-youth banking invests in peoples productivities and next generation's decent jobs and learning for a living; they celebrate how knowledge can multiply value in use links: bkash (leaders kq)mpesa thegrameenbank jamiibora adiegabv. Everyday community banking is never separated from intergenerational investment banking in learning future jobs creation - versus do-gooders errors microcredit.tvanti-youth bankers aim to trap people in debt and sponsor partisan political battles and false ratings which cause speculative bubbles especially over markets of scarce things that get consumed up in use particularly sectors unrenewable for future generations...............

.Which Markets Free Youth's Future Possibilities?

below our summary of sector by sector - more data at - please help us search out which market sectors include a leader with a pro-youth purpose for that market, and how do such leaders collaborate with youth by sponsoring pro-youth practitioner curriculum on free online educational platforms such as those mobilized for real by or tried out for real in and Kenya by a cluster of partners celebrating mandela's visions, branson's innovative spirit, google Africa's tools and such remarkable education and banking entrepreneurs as taddy blecher (CIDA) and Ingrid munro (jamii bora)

In 1930s economists learnt from Keynes General Theory that all the bits and pieces that economists work on ultimately end up systemically spinning one of 2 opposite consequences
- pro-youth (including sustainability of human race),
and anti-youth (including destruction of planet and peoples' communities)

Norman Macrae Foundation ( washngton dc hotline 301 881 1655) also welcomes correspondence if you wish to nominate a clear description of market sector pro-youth versus anti-youth

 coming soon market sectors

  • textiles
  • food and nutrition markets
  • health services
  • energy and waste
  • education
  • place leaders
  • mass media celebrities, entertainment
  • open tech

professions responsible for systems transparently  valuing compound future consequences


1971-2011 How curriciculum of microcredit became the microeconomics curricullum of everything that could sustain Bngladeshi village youth - and 2011-2020 how a free online university can free youth's job creating curriculum everywhere


At we welcome partners in developing

a 6-week Massive Open Online Curriculum (MOOC) of hi-trust microecredit


 Norman Macrae Foundation sponsored a special issue of the Journal of Social Business and pro-youth economics sampled to every delegate of the last world microcreditsummit (MCS) which was guest hosted by Queen Sofia of Spain. Our aim was to collate 15 years of action learnings about hi-trust microcredit assembled at the summits from inauguration of MCS in 1997 to Spain's 3000 person meeting from over 50 countries in 2011. You can download this special issue for free by clicking the pic (left)





Hi-Trust Microcredit - The 6-week massive Open Online Curriculum -can you help rsvp washingtin DC hotline 1 301 881 1655


Week 1

Introduction to what can be action learnt if one studies the development of microcredit as the systems methodology developed out of Bangladesh from the birth of this nation in 1972. At the time there were some very specific conflicts and characteristics of being a poorest person in the poorest 100 million person nation. Understanding these helps those who wish to transfer microcredit franchise in the race to celebrate a "poverty museum" word -specifically we need to keep in mind what should never be changed if we value microcredit as a  systemic solution and what must be changed if extreme poverty is being compounded by a different profile of factors than challenged Bangladesh.

Week 2 to 5 addresses 4 challenges that are relevant both to an intergenerational perspective of microcredit and the particular challenge to the human race and planet that are unique to being members of the first networked generation


Week 2 How does a real microcredit sustain a poorest person (eg a rural mother) as an income generator

Week 3 How does a real microcredit build a community's intergenerational development goals


Week 4 How does the advent of ubiquitous mobile connectivity change rural or urban slum microcredit?

Week 5 What lessons does microcredit bring to the purpose of job creating banking and places entrepreneurial freedom including the net generation's opportunity to be worldwide youth's most productive, sustainable and heroic time in an open knowledge economy that maximises empowerment of collaboration technology


Week 6 What do you think Keynes would learn from microcredit in the context of his general theory conclusion that as the world increasingly became ruled only by economics, one of 2 outcomes would spin: either economist would design or destroy the compound future purposes that over 99% of parents wanted most for their next generations. In particular how do Keynes warnings on compound risk  apply to the transparency or otherwise of bankers. politicians and media men?




We also welcome help with microcredit curricula at nings of GrameenBRAC and Jamii Bora or click pic above for more

breaking banking news - which will be the first million student MOOC of microcredit?


apologies to use such language - but so far convergences 4000-person millennium goal summit in paris isnt addressing how to get europe's youth back to work with urgency I had hoped we could

mathematically, two biggest lies are shattered if enough people you network with can answer these questions


1 what compound growth per year do you need for a country to grow 32 fold (ie 3200%) over a generation of 40 years -the answer is just under 9.1%- so any banker who tells you he is searching for invesment giving 20% return per year is by definition a banker aiming to bust the bank, and bust your nation


2 how long does it take to entrepreneurially develop a service franchise which is worth replicating because it is uniquely purposeful (in all the productive and demanding relationships it spins) as well as income generating - because I worked at a parisian company that had first access to MIT database technology in late 1970s- I have seen over 10000 cases - modal time for development over 7 years


as my father researched 3 billion new jobs of net generation at The Economist from 1972 in a genre he called entrepreneurial revolution , the net generation can enjoy at least 10 fold growth of health and wealth out of any country but only if investors and national leaders repect valuation truths like above, and get back to investing families savings in youth's productivity out of every community, not speculative bubbles and scarcity manipulation like housing and built-to-flip tech-media bubbles

is it possible to develop a second paris transparency appeal to stop economist and bankers lying about the system dynmaics of such basic sustainability exponentials that build hi-trust investments ?



by definition at any particular time some countriues will be in debt some in surplus- debt is not a reason why a country's future is in jeopardy- failing to invest in youth's relevant jobs is -it is worth re-reading keynes "general theory" (the last 3 pages if you are short of time) where he cleary identified the greatest risk to youth as fatal conceited elderly macroeconomists -please remove these maddening experts from your nightly news if you wi9sh to live in a democracy and not trap us in orwell's big brother endgame


sincerely chris macrae



Hugh Sinclair commented on Learning from a Heretic.

in response to The Microcredit Summit Campaign:

By Larry Reed, Director, Microcredit Summit Campaign What can we say about a book that exposes a huge vulnerability in the microfinance industry, but does so by exposing only those facts which make its case and excluding those which give more context to the story? It seems that the microfinance industry has grown to the [...]

[Letter from the heretic to Larry, reproduced with Larry's permission] Thank you for the open response, and for being the first senior person to have the courage to comment publicly about my book. The book is a first-person memoir, there are inevitably omissions as I did not work with everyone in the sector, nor did many MIVs invest in the questionable MFIs I mention (SKS, Compartamos, LAPO etc). Besides Oikocredit, I did not mention Triodos, Vision Fund, Opportunity... the list is extensive. Those not mentioned in the book are no doubt relieved, and perhaps with good reason – I state repeatedly that there are good MFIs, good MIVs and good P2Ps in the microfinance sector. You and I both understand that there are some serious claims in the book, well backed up, and yet unanswered to date. No one has even denied them. These will, at some point, need to be addressed, or they will haunt the sector indefinitely. You criticise my selective use of facts, but you do not challenge their veracity - this has far-reaching implications that will make many implicated parties yet more nervous. I am concerned for two groups of people: the poor, who are often (not always, as clearly stated) exploited; and the ultimate investors, who are invariably not provided with accurate information. You suggest that direct action is required as opposed to the usual window-dressing, which I applaud. The sector should never have reached this current situation, and frankly, we all could have done more to prevent this but we decided to take the path of least resistance. I do have some fundamental concerns with the likes of SMART, discussed on my blog with more to follow shortly. Self-regulation, particularly with such obvious conflicts of interest, is limited. Would the SEC have done a better job if Goldman’s were their main funder? Policing is not only required for the MFIs on the ground, but the MIVs. And let’s not forget, your own sponsors earn a mention or two in the book. This sector is rife with potential (or rather, very real) conflicts of interest which need to be cleared up. The sector needs actual, real, tangible, implemented regulation. A growing number of people are looking at this closely. It is a pity that it took my book to accelerate this conversation, if it did in some small way. The suicides and abuses documented in the book are also lamentable. If you want to take concerted action, which may at times be painful, embarrassing and revealing, then you have my support. But I am not participating in a back-slapping exercise; handing out awards to my friends (the few I still have in the sector); or presenting a rosy image to the outside world while the fundamental questions remain unanswered. Diplomacy is fine, but only goes so far. Policing is also required. Carrots are necessary but insufficient. Sticks are also required, and sometimes may need to be applied close to home. Benefit to the poor is my sole measure of success. No one should be angry at the messenger – I state verifiable facts, am entitled to an opinion, and wrote a memoir, not a text-book. You are a respected, experienced and influential person. You are also one step removed from the direct activities MIVs and MFIs, and therefore well equipped to lead the sector out of a dark period. The issue of child labour in micro-enterprises, to the detriment of their education, will shortly rear its ugly head. The Smart Campaign flatly refused to address this in the CPPs. Academic evidence for detrimental child labour, as well as more broadly challenging the poverty-reducing ability of microfinance is mounting, as I am sure you are aware. I believe the sector is at a critical juncture and needs clear leadership to steer it towards a brighter future. To some extent this is in your hands. I would suggest a good place to start is (1) defining, formally, the definition of exploitative interest rates according to the MicroCredit Summit Campaign. Yunus managed to do so some time ago, as have entire countries. (2) Adding the rights of children to the CPPs – to the best of my knowledge (please correct me if this inaccurate) only two MIVs have stated policies on preventing child labour – Oikocredit and Vision Fund. Deutsche Bank suggested they would do so, but never bothered. (3) Equipping the self-regulators with sticks as well as carrots. (4) Initiating formal, independent, ratings of MIVs, comparable to the ratings we expect MFIs to obtain. This should not be owned, run, financed, affiliated to, staffed etc. by Accion, GFUSA, Citi etc. (5) Demanding answers to the claims made in the book – as long as these remain unanswered the sector remains blighted. This is not an exhaustive list, merely a start, and (5) is perhaps wishful thinking. I appreciated your press release and admire your courage. However, overlooking MIV regulation ignores the elephant in the room. You know it, I know it, the MIVs and MFIs know it, and the regulatory bodies are fast finding out about it. Window-dressing won’t work. We either implement genuine self-regulation (with teeth), or await full formal regulation. Conversations with the regulators have already begun, and the forthcoming documentary in Holland about the antics of Triple Jump will accelerate this. If we wish to restore public faith in the embattled sector we need to start with the organisations that act as intermediaries between the investors/donors and the MFIs. The recent financial crisis was a fairly clear example of this, and the microfinance crisis is a mere continuation of the same fundamental problems – conflicts of interest, greed, warped incentives, poor transparency, sloppy regulation and corruption. If you really believe the self-regulatory bodies are the way ahead (given their current funding sources), let me ask you a question. Would you approve of self-regulation of Wall Street funded by Goldman’s, Deutsche and Citibank? Wolves are rarely selected to guard sheep for obvious reasons. We need to act quickly. More scandals are brewing. I have only actually published a sub-set of the information I alone have (rule #2 of whistle-blowing: do not put all your cards on the table). I receive daily emails now from insiders across the planet with more examples. I’ve also received amazing support, including from some fairly senior people in the sector. And I am not acting alone here – there are more co-heretics in the church! Norway has already withdrawn from microfinance – this is going to occur repeatedly if we don’t take firm action to re-assure people that microfinance can be saved. I beg people not to throw the baby out with the bathwater, but some will ignore this advice, to the detriment of the poor. But, the alternative is not to deny the existence of the bathwater, or to allow the culprits to continue with a slap on the wrist and the comfort of light-touch self-regulation that they can discreetly manoeuvre. Finally, let’s be frank about the claims in my book. They are true, they are well-documented, they are unanswered, you know most of the people named, and you have probably suspected that these activities have been going on for some time. Indeed, one valid criticism of the book was simply “there’s nothing new here, we’ve know all this for ages”. How sad that this may be true. It is not simply the over-hyping that you refer to in your press release – it is a lot more serious than that and you and I both know this. [With reference to your point on over-hyping microfinance, there was a wonderful example in the Huffington Post written by none other than Kadita Tshibaka, board director of Opportunity International the day after your press release. You probably know him. I dismantle the article on my blog entitled “Spin Unlimited”. The Huffington Post declined to publish an edited response on their website. This was hype in its purest form, even the fanatics may suspect Mr. Tshibaka had gone a step too far – but it’s actually quite a funny read. One may assume he was unaware of your press release, as one may also assume that he remains blissfully unaware of any of the academic or critical press regarding microfinance.] You have substantially more experience than I, but I believe we share common beliefs in many ways, but particularly in yearning to help the poor. I also acknowledge that you are in a tight spot and have limited tools available to you. I may have even fewer tools, but I am not in such a tight spot – I don’t rely on funders, I don’t enter the politics of the sector, I have a wealth of information growing each day, and people are taking the book seriously. In this regard I may be better positioned than you. Like a good-cop/bad-cop routine. So, if we’re on the same page, my question is simply: how can I help? Hyperlinks from text: is home of ratings for youth investment funds - this is the last microeconomics community of practoce to emerge from 40 years of networks inspired by Norman Macrae's development of genre of Entrepreneurial Revolution in The Economist 1972- as norman's last articles foresaw all big banking has lost touch with valid models of youth investment (thecompound  risk his 1972 survey foresaw)

so we assume all funds are junk status as far as investing in youth unless they apply to us for rating by our transparency model which is also used to rathe whether trillion dolalr markets are serving purposes that most befit the futures of the human race

todate we rate wholeplanet foundation with a b rating

we dont have enough information to rate acumen or daneone communities as more than a c rating - we are as yet unclear whether any of 100 leaders of 2010s= youth's most productiuve decade put their names to any funds

some funds are private to families or to funding a single netwoerk model

all other "publicly known" funds have to be assumes as junk status as far as investing in youth until they publish transparent maps to prove otherwise


29 transparency questions on grameen bank and dr yunus


 Norman Macrae Foundation  5801 Nicholson Lane Suite 404 N.Bethesda MD 20852 USA 
Washington DC region Tel  
USA1  301 881 1655     email is home of valuetrue rating of microcredit models; following scottish microeconomists including The Economist's Unacknowledged Giant (aka dad., Norman Macrae), our 3 primary criteria-

  • a) is microcredit owned by or in trust for poorest - why is impact of this vital apart from ensuring value of productivivity is sustained (not sucked out);
  • b) every service of the microcredit aims to redesign value chain around the microentrepreneur in ways that minimise risk of being an individual income generator provided you are a hrad worker; such microfranchising is arguably the biggest source of 3 billion new jobs that the net generation can co-create if you value the login of our 1984 future history on the net generation
  • every opportunity to integrate technology and energy is attended to since history shows these are the only stimuli that can exponenetially adbvance communities wealth and health

to date we only know of 6 main models of aaa valuetrue microcredit though Norman Macrae Family Foundation and Adam Smith Scholars editing Journal of Social Business welcome open debates of other candidates - 6) Grameen in Bangladesh but not how many funds including international namesakes have aimed to replicate it; 5) BRAC;4)  Jamii Bora -Kenya, and youth end slum's microcredit model (transparency note NM Foundaion made a 4 year interest free loan of $100K to JB; it is the only financial connection we have with any microcredit's banking projects); 3) ADIE -europe's benchmark for youth investment banking connected with Banks with values; 2) microloanfoundation; 1)  conscious capitalism partnerships with microcredit of the sort pioneered by Whole Foods - we also have hopes of alignment to our criteria by recent Grameen inspirations in eg Brazil and Turkey (where senior national leaders have blended their reputation to the emerging network) but it is too early to rate these

55 minutes - a serious video on where will microcredit go next? a sampling of different viewpoints -kivafellowblog .. kiva catalogue of parthers ... mfi catalogue at mixmarket


paper by BBC Andrew Neil on 2 types of economics for inaugural issue of journal of social business

download 2012 microfinance barometer from paris' 3000 person summit



are you in paris at 3000-person Mgoal summit - help host series of collaboration cafes sept 16-22 ; help edit Journal of Social Business 2nd special edition of 16 years of microcreditsumit knowledge

Ning knowleddge that the world needs to know about BRAC ... GRAMEEN .... JAMIIBORA help search out 100 leaders of 2010s= youth's most productive decade

Help Youth & Yunus regenerate jobs across usa- starting with week-long jobs competitions road tour 27 September

 Don't expect to do any good with the world of microcredit unless you are aware of 2 Keynsian priciples of economics.

  • K1: Most academic economists destroy the futures that people want most though some can design the futures peoples want most.
  • K2 The first exponential to value truly integrates capital. It is logically impossible for any place -let alone a community to sustaing grwoth unless capital is structured so that family's savings is invested into that place's next generation's productivity. More on economics.  

So it is with microcredit which ranges from goodwill multiplying system designs which not only create income generation for mothers and parents but invest in next generation's productivities being way beyond historic poverty lines, to a far larger number that are either blindrun by do-gooders whose lack of awareness of Keynsian economics ensures no positive impact can be generated over time- or badwill-rund which ensures such microcredits like many other big banking systems  destroy the futures thyat the peoples want most. Yet the reasons to study microdredit are compelling. Within their species inspired since the birth of Bangladesh in 1971  are answers to all of big banking's "fatal conceit" crises which are currenly destroying futures all over the western world. And when you look at the 3 billion new jobs that the net generation could be co-creating - through the lens of Entreprenurual Revolution 1 2 started by future history diarists at The Economst in 1972 - you will find most of those 3 billion jobs depend on bottom-up and open inter-community collaboration designs- exactly what the architectures of the great microcredits help peoples build transparently. Charter is a question and answer method that Entreprenurial Revolutionaries developed in the late 1980s. It works in 2 main ways. Help Charter  TheGrameenBank here -currently the global brand parnership structure with both the most upside and downside. When the Macrae family first interviewd Yunus in late 2007 it turned out that he was aiming to catch a morres law doubling of goodwill equity in the race to end poverty every 18 months or so- that would have taken Grameen to the most valuable brand in the world by the late 2010s - and why would that not be a fitting conclusion to a life of building the investment bank by and for the poorest vilage mothers as it would have been the msot valued mediator of the net generation making whaat you can actually spend your time doing on apple and facebook look like relatively trivial pursuits.  Chartering can help people discover the piurspoes of every life criticalmarket which advance the huan lot and so identify leaders we need to value most. What should the purspoe of the web and all digital media be- to make 201s the most productive decade of worldwide youth everywhere is the purspoe ER has valued for 40 years now. Jiin us in hunting out 100 leaders who can help us all make 2010's youth's most productive decade by sustaining every global vilage as we dsign a world in which all our cultures and future prospects are more connected than separated. As the father of computing John Von Neumann predicted - we will need multi-win models and thise eladers wh get that will need a method for helpig faciliate 50 projects at a time each of whose technological comonents will be spinning fatser and fatser. Chgartereing is also designed for the worl'ds most trusted project eladers so that human beings serving projects also make the most of their lifetimes and societies future needs

Looking at the vicious politics brewing all over the world, its our guess - though we love humanity to prove us wrong - that Yunus dream that Grameen would become the most valuable brand equity by being the most purspoeful youth colaboratin network of the web generation wont ever come to pass. But currently if you meet him - listen to his 50 favorite pro-youth economics pro0jects- and select one that everyone you know can commit to. And if it comes true remeber to pay back some of the equity to the founding 8 million poorest mothers who started up Grameen Bank
 You can dowload free the whole speacil issue of lessons from the first 15 years of microcredit sampled to 2500 delegates at spain's world microcredit summit 2012- have a look at milennium goals pp to see if these are purspoes your networks value investing youth's jobs and working lifetimes in Have a look at The Economst's Unacknowledged Giant's last article written in 2008- commissined for yunus to send in a co-publication to Obama whose mother had helped successfully pioneer microcredit in Indonesia in the 1980s. Microcredit is a non-partisan method- see videos of how congress celebrated it in 2010. Any community building leader can app it including a Mormon-networked one 



Grameen Bank -will the truth out? 1  Grameen Bank - a charter Visit our associate web if you are interested in searching for 100 leaders of 2010s= worldwide youth's most productive decade - a search now its 40th year thanks to dad's founding of the genres of Entreprenurial Revolution  and Future History at The Economist in 1972 after seeing 500 youth knowledge-sharing around a digital network. Dad had been mentored by Keyines that there are two opposite types of economist - those whose valuation of compound impacts help design the futures that peoples need most and those that destroy them

For those that accept Keynes view that the purpose of economics is best served when it designs systems investing in the next genartion's productivit out of every community, the original microbanking models developed at the birst of Banagaldesh as a nation - especially Grameen and BRAC- can be studied for the most productive knowlkedge and human innovations ever networked. But conversely tersm such as microcredit and microfinance have no worldwide ceritification- a loan shark can call themselves a microfinance organisation.  Whats peculiar is not that there should be organsiations using the MFI name that ar destroying youth;s productivity even faster than big banks but that some of their funders collect donations implying thaye are alumni of Grammen or BRAC. Please tell us at some cases of mfi that you wouldnt go near and help us identify funders whom one would have hoped had a better idea of what they were supporting

 We also provide some signals of what may have gone wrong - eg Z means an old mfi founded before 1995 which may have turned against poor as modern technolgy or new regulations required a makeover X means IPO - somehing which ends trust in a microcreit being designed round poverty alleviation


Kiva's briefings on why it ends partnerships with MFIs are of considerable value for anyone concerned with the transparency of the microfinance industry - partnerships ended include

Some parterships ending may be good news in terms of institutions finding good local support - you be judge on these cases -AMK Cambodia 


 MFI not using Bangladesh's system logicsFunders who appear to have supported MFI 

Z .. LAPO in Nigeria  past awards cgap 2002 Grameen Foundation 2006 -note on founder

Grameen Foundation, Calvert Foundation (removed 2010?), Triple Jump, Deutsche Bank, Citibank, ASN Novib. Oxfam Novib, Infofin, Cordaid, Kiva (discontinued apr 2012) ref 138,9 MFI Heretic Hugh Sinclair  ; Grameen Trust
 X - Compartamos Mexico 

Compartamos AC (the NGO)(39.2%);; ACCION Gateway fund (18.1%); International Finance Corporation (10.6%);

 X - SKS India Unitus, also % indian trusts who found their original funding diluted as us ventur capitalists entered including American firm Sequoia Capital and the Silicon Valley venture capitalist Vinod Khosla



Since dad and I's 1984 script on uniting the net generation around the exciting goal of ending poverty, I have tracked peoples networks most connected with this social action. Many came and went as founders wishes lapsed and others monetised what had originally been presented as an open network able to value multiply the million times more collaboration tech human race now enjoys compared with moon racing in 1960s. Since 1997 microcreditsummit has risen as peoples number 1 millennium goals network but to enable 3000 people to join in from all hemispheres at least cost its sponsorship got muddled up with big bank agendas. the last of the first 15 year series hosted in spain by queen sofia (te summits patron) failed to discuss either what orgiginators of nicrocredit knew how to ersolve european banking conflcts and how to ersolve problem bangaldesh has as test case of arab spring - how do peopels get rid of a duopoly of political parties whose corruption no family or entrepreneurs investing in their children could want to be ruled by. Our left column will continue to feature contebt from the debate of whether microcreditsummit remains the peoples number 1 network capable economically of investing in net generation producing millennium goals -which you can also add to at the tribute ning to The Economist's Unacknowledge Giant here. You can also read Norman Macrae last 2008 article on how to prevent global economic meltdown here. washington dc hotline 1 301 881 1655

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June 14: Microlinks After Hours seminar, "Attracting Private Investment into Agribusiness(register now)
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June 5: "Providing a Safety Net for the Poor" by Richard Leftley (read)


June 4: Raffle Winner: BRAC Pakistan (read)


May 29: Raffle Winner: LIFCE (read)


May 23: "Beyond the Product: Creating Social Capital to Make the Most of Microfinance" by Megan Gash and Bill Maddocks (read)


May 21: Raffle Winner: Fonkoze (read)


May 14: Raffle Winner: Fundación delamujer (read)


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Submit your 2012 Institutional or Individual Action Plan

What do Fundación delamujer (Colombia)Fonkoze (Haiti)LIFCE (Liberia), and BRAC Pakistan have in common? These organizations are the first four winners of our Raffle for Institutional Action Plan Submitters.

Each week on our blog, we feature the work of one Campaign member that has submitted their 2012 Institutional Action Plan (IAP). For a chance to be featured, submit your IAP today and include a 600 word description of your work supporting microfinance (in Eng, Span, or French). You may also send your logo and photos of your work.

IAP deadline for consideration: Friday, June 15Learn more here.


India Health and Microfinance Community Newsletter

India Health & Microfinance Community Newsletter

The India Health and Microfinance Community Newsletter, Issue 2, is now available.

What's in this issue:

  • How health-specific financial products help the poor in India deal with medical emergencies.
  • How Gram Utthan in Odisha is reaching 10,000 clients across 103 villages with village health volunteers.
  • How Freedom from Hunger is bringing health integration to self-help promoting institutions (SHPIs).
  • Invitation to the release event (in New Delhi, India) for "Integrated Health and Microfinance in India: Harnessing the Strengths of Two Sectors to Improve Health and Alleviate Poverty." RSVP now.

This newsletter is a collaborative effort of the Indian Institute of Public Health at Gandhinagar, Freedom from Hunger, and the Microcredit Summit Campaign. 
Read Issue 1 here.

 microcreditv.jpg To be sustainable a community or network needs intergenerational savings in productivity of people who grow up in it. That's why valuetrue microcredit maps all connections shown to provide not just the safest banking system but sustainable economic models for borderless  3rd Millennium and most exciting goals net generation can vote for co-producing ;jam.jpg - see also trusted choice of MC partners of

Download special issue of Journal of Social Business on first 15 years of microcredtisummit.  jcov1.jpg

We welcome correspondence on how this American coordinated process eventually spun off track due to sponsorship by big banks and other non-economic forces. Entrepreneurial Revolution friends and family of The Economist's NormanmMacrae want to help ensure that the new millennium goals summit coordinated out of Paris learns from these wrong turnings






Entrepreneurial Revolution challenge of winter 2011/12 - watch videos of  Sir Ronald Cohen & 50 Leaders Trillion Euro Relaunch EU as Entrepreneurial Union Nov 2011, and then debate at Unacknowledged Giant spaces  (or tell us where to crowd) which of 15 microbanking models needs twin with which job creation networks across european communities sans frontieres
Simplifying 720 Variables of Microcredit to 15 Design Choices - Journal of Social Business introduces editorial lens so that contributors charter context of their knowledge

microcredit charter -which of these community dynamics does your microcredit use to build trust in community future generation- tick practice if included; add any notes or links on integrating practice






B1 Loans

B2 Basic savings

B3 Investment franchises

B4 Insurance

B5 Funded to be owned by poorest




M1 Community/

village market round bank

M2 Responsible  integrating value chain - name sectors

M3 Model unique so others pay to intern/


M4 Microcredit's brand trusted enough to make SB partners

M5 Other ways good news of your microcredit impacts www youth









www1 Agriculture including water crops energy

www2 Kids E-school & Youth E to be job creator

www3 Telecentres : mobile change

www4 Health & safety

www5 Egov and professionals in village



click pic to download this special issue

history's special cases -while we aim to learn what can be started in places where people are unbanked, history also shows special cases of hi-trust relationships that have taken decades or centuries to build- how such institutes are morphing interests us if you know of other cases like goodbee.comwhich is part of a huge community banking model for serving poorest in 6 Eastern European countries.


When any industry sector is chartered, some of the action junctions turn out to be most critical to sector trust due to the changing times.

Why do we conclude that MicroCredit's most critical blackspots in the job hungry world of the 2010s connect round

  1. loans 
  2. savings 
  3. ownership structure 
  4. markets the microcredit accesses for its members 
  5. the knowledge it helps its members hub?


Blog with editors of Journal of Social Business - eg how does one share practices given 720 diferent types of microcredit solutions?

25 net generation views on how to save the world from macroeconomic collapse need integrating round schumpeter's global village networking economy - can you help linkin - wash dc hotline 1-301 881 1655

Not only do different local contextual challenges need urgent solution but we need to unite the main microeconomic tools of microcredit. Map multi-win models for society, business and connecting sustainability of communities. Externalising risk at boundaries is the last thing any profession with a do-no-evil hippocratic oath should master over administrating. Time to demand  public servants and media celebrate transparency: innovate goodwill economics before Wall Street ratings agencies destroy all youths futures of productive work by failing to unite around actioning exciting millennium goals.

 VIEWS YGeneration (those desperate;y searching to make 2010s youths most productive decade) needs to action network and hi-trust leaders it needs to mobilise

Diary highlights of peoples job-creating summits 2011s

Europeans first chance to reflect on job creation learnings from youth's greatest summit (starting monday 14th nov hosted by queen sofia) will be convened in brussels by EU on friday 18th)
more details at &

expected in brussels are Polish Prime Minister Donald Tusk, Greek Prime Minister Lucas Papademos, European Commission President Jose Manuel Barroso

New Economics Crowdmap: Greatest Pro-Youth Summits ...MicrocreditSummit 1-15 -the greatest ever pro-youth knowhow network for new economics - thanks to relentless support of Queen Sofia of Spain

 pages From Journal of Social Business & New Economics – Special Issue: MIcrocreditSummit 15 (download your free issue)
 Page 5 : John Hatch: 1994 Vision
Behold the largest self-help undertaking in human history – bringing hope, dignity, and empowerment to tens of millions of the world’s poor and poorest families. Behold a movement with global outreach that has penetrated beyond city slums and market towns to even the most isolated villages. Behold an industry that embraces thousands of NGOs, credit unions, public and private banks, and an infrastructure of hundreds of thousands of community-based peer lending groups that are enabling many of the planet’s most disadvantaged households to generate the additional income and savings they need to keep their children alive, nourished, healthy, and able to attend school.

Page 17, HM Queen Sofia of Spain, 1997 Speech at Summit 1 
We are convinced that poverty is the denial of every human right and its eradication the speediest way of bringing down the invisible barrier which isolates the most deprived from the rest of the world. And this is the best homage we can render to the millions of men and women who have set their expectations on this Summit, which I hope shall be known in the future as the Summit of justice and solidarity.’

 Boston  MIT (number 1 job creating educational institute) Entrepreneur Cnetre (eg roberts)  web centre (Berners Lee) media centre (see eg book by , devleoping world centre (eg Legatum: Quadir),  open course centre  Altanta Bhuiyan Youth Job 1000 brainstorm, CARE value chain analysis


Yunus, Abed


Yunus. Daley-Harris

DC e. Europe microcredit interns at USAID
 Brussels MicroStart & Germany; Italy Per Micro; Netherlands:  Paris : Nowak, Emmanuel 3 2 1 Warsaw MFD

London  Ibrahim Cohen Butler-Sloss Ryan 

 Madrid Nazrul Chowdhury
 Nairobi Ingrid Munro


& Nordica Capitals

 Nigeria/Ghana Cairo/Ethiopia Joburg
 Brazil Ecuador Mexico OZ & NZ Other
 China including HK and Singapore India Japan Russia Other E Europe
Excerpt from December Correspondence Diary

when you compare 3 summits side by side as I have done with mcs in spain and 2 in europe union at brussels, it becomes clear that microcreditsummit misses more and more of the detailed challenges- having sealed a weird (not smart) american view of how to resolve aid challenges that americans big banking, macro-aid, and pr-led ngos have largely created;

worse there are at least 10 if not 20 different economic challenges facing different clusters of nations and how microcredit could help solve them

editorial conflicts of uniting round millennium goals havent been as messed up since dad and I started editing

Net Futures - The 1984- 2024 Report

them in 84; secret attempts by uk gov to commit .7% to developing countries at a time of spiraling macroeconomic destruction in uk and euroland made front page headlines on daily mail on saturday

- microcreditsumit at 15 has never seriously involved economists or media people to help iteratively action learn round these- so we end up with lowest common denominator arguments of what to action

different branches of microcredit are going to have to take charge of their own micro micro summits before integrating a whole network relevant to 2010s as most productive decade - in other words microcreditsummit became macro without any deep conflict resolution practice - there was no space for most trusted leaders knowledge becoming what was built (passed on to next generation of microcredit and millennium goal leaders) on over 15 years of networking

how to explain this politely to one such as sam is a problem I dont yet have a clue on ; and then yunus (in the midst of bangladesh's 2 years of living very dangerously) is pursuing an agenda that doesnt fit any of above resolution; not what was needed at a time when the working lives of the whole net generation was reaching a last crossroads. nor what arab spring illumination required

lets hope sir fazle makes a full recovery from his operation in new york this month- more than ever his 40 years of work is the calm source of developing global village solution franchises, whilst job creation in developed countries involves doing systemic professional transformation stuff that none of the microcredit establishment is leading but sir ronald cohen and maria nowak and bnp paribas may be, and boston remains mobile and web entrepreneurial revolution epicentre; and it would not prudent to forget what only microeconomics webs in china can mobilise

iqbal quadirs personal networks are gamechanging but he's on an institutional building roll within MIT at the moment which aint going to help resolve all the messes microcredit is battling with macroeconomics and top-down politicians

do you know- does negropronte ever show up in boston these days- he's the undervalued giant of digital media who may be able to help connect the unconnectable




Nov 2011: Microcreditsummit, the millennium goals action network celebrates its 15th birthday in Spain with Queen Sofia guest hosting. The 127 page program of celebrations is at

For media experts like World Class Brands network it could just be that proving job creation promotions are the most economic of all in 2010s (relegating the advertising spot to its neurotic 20th C history) may be the greatest reason developed nations have for celebrating microcredit's most hi-trust networkers is one of 20 volunteer stations designed by Norman Macrae Family Foundation to help youth replay the good news advice of The Economist's Unacknowledged Giant - queries always welcome wash dc hotline 1- 301 881 1655 - hot tv stations winter 2011 include

A Job Creation Survey


Particularly for those who have spent years at microcreditsummit benchmarking mothers’ investment in their next generation’s productivity


1 Name a sponsorship amount and describe the best job creation experiment you have ever seen actioned for that amount

  Example - $40,000 State of Georgia USA -What Youth and Society Get  Over 1000 students and 45 university principals participate in a one-day job creation competition judged by leading business people, bipartisan offices of state government, and states leading job creation foundations. Celebration in regional newspapers that a Nobel Laureate had come to learn with the process. Identification of a handful of outstanding youth entrepreneurs Identification of dozens of ideas that could be followed up if professors and students outreached in the societies the competitors wanted to find social business solutions for What Could Happen Next Process could be replicated by other states and all ideas could be logged up at a website so that inter-state dialogues could develop Some Comparisons on What Else People get for $40000 About 1 second of a superbowl commercial. About 1 minute of playing time of a leading American Footballer, or 5 minutes of a leading European footballer. Less than one ten thousandth of what each main corporate sponsor of the Olympics spends Historical note for economist:In 1976 at the same time that Muhammad Yunus was taking students out so solve really community problems in the Grameen Bank project, The Economist’s Unacknowledged Giant (Xmas survey Entrepreneurial Revolution) announced that mass media and big government in the West’s third quarter of the 20th Century had destroyed the original precept of free markets. He called for a total redesign of 20th century organisations before the coming networked generation needed to integrate every local community into a global networked 21st century. In 2008 his last article updated this challenge- download this at More references; notes on the Atlanta process are published in issue 3 of journal of social business that celebrates 15 years of being linked in to microcreditsummit. The BBC’s Andrew Neil writes on the war between job destroying macroeconomists and job creating microeconomics in issue 1. Two worldwide portals changing mass media madness are and

Muhammad Yunus and the new nation of Bangladesh had a dream - the social business stockmarket of financial services- until end of 2010 they were doing very well - then it got put at risk by such as odd partners as Prime Minsiter Hasina, the Britiish Broadcasting Corporation and Cherie Blair - help leadersyouth and yunus to reassemble this SB stock market. Its fundamental to all youth's futures - be those that productively end poverty in developing nations or create jobs for the net generation in richer nations

wholeplanetfoundation chooses microcredit partners to help it develop (micro)economic partnerships owned by poorest agricultural areas - see their choice at -who else chooses suppliers of social business financial services rsvp


Europe's Last Chance to Regenerate Jobs in 2010s- see you at microcreditsummit spain hosted by queen sofia in november

problem sheet #1

How can we influence the consortium below

In normal times this intervention should have been led by yunus


Trouble is that while Maria Nowak is Europe's best person to lead this the structure that has been set up by the law firms is already doomed to destroy radical change in professions- if you are an entrepreneurial support organisation the parent web site says do not contact us directly - go through one of our locally chosen entrepreneur organisations- then presents a list of unsustainable social entrepreneurs



That goal is reflected in the work of 20 law firms brought together by TrustLaw (, a legal news service run by Thomson Reuters Foundation, for a major study on the regulatory obstacles to microcredit across the EU's 27 member states. 

Led by law firms Orrick and Latham & Watkins, the consortium is working on a country-by-country report to be published by TrustLaw later this year. 

Paris-based Adie plans to take the report to the European Commission in November to advocate for sweeping changes to regulations across Europe. 


The European Commission estimates there are some 18 million micro-enterprises in member states, employing 37.5 million people or about 30 percent of the overall workforce. Micro-enterprises contribute 1.1 trillion euros ($1.6 trillion) to the European economy. 

A micro-enterprise is defined as a company employing fewer than 10 people, while microcredit is a loan of less than 25,000 euros ($36,000). 

Advocates of regulatory change point to the European Commission's new 10-year plan to boost economic growth and create jobs, known as Europe 2020, as an opportunity to integrate microcredit into EU priorities. 

Among the reforms MFI are calling for, Adie's Nowak said it was vital to break monopolies on lending. In Germany, for example, only banks or specific financial institutions can grant loans, meaning MFIs can only act as agents. 

"The challenge is not to enter into competition with banks," she said. "It's rather to be a sort of entry point for people who do not have access to banks into the banking sector." 

She called for a softening of usury rules capping interest rates on small loans, arguing that existing rates were "too low to make the system sustainable". 

Austria, Denmark, Finland, Germany, Hungary, Italy, Poland, Portugal, Romania, Spain and Sweden all have usury rules. 

Nowak said other countries should follow France's example by allowing MFIs to borrow from banks for the purposes of on-lending to micro-enterprises. Throughout much of Europe, MFIs can only lend out of their own equity. 


Our constitution is that of an association of family associations aimed at advancing the human lot out of every community. 

Our pro-youth investment values go back to the original Scoittish purpose Adam Smith had in raising questions about system designs which evolved as the bottom-up discipline of economics. By 1843, this discipline was entrepreneurially codified sufficiently for The Economist to launch a social action media around it.

The second editor of The Economist helped the royal family change The Englush Consitution from one that empired over the world to one that sought to empower commonwealth. In 2012, we aim to publish various works in the run-up to the London Olympics celbrating six quarters of a century on from Walter Bagehot's extraordinaey intervention

We currently sponsor the Journal of Social Business and from the estate of The Economist's Unacknowledged Giant Norman Macrae

We are preparing a sream of publications that will be freely downloadable by Novemeber 2011 which is the date of the last microcreditsummit in the first 15 years series. This is guest hosted by Queen Sofia of Spain. If that will be an occasion to meet you, please tell us in advance rsvp 

Chris Macrae Washington DC 1-301 881 1655 

Our web and network are concerned only with worldwide replications of the original system design criteria of Bangladeshi microcredit . These banned outside ownership interested in extracting dividends from the poorest. These models never decoupled credit from economically safe savings products. Equally these models made charity sustainable by identifying a positive cashflow model whose surplus was reinvested in the communities the poorest worked. Mathematically there is now a third of a century’s proof that this design of microcredit is the greatest tool for extreme poverty alleviation ever invented provided you are aiming at an intergenerational development and the compound impacts that such a time period involves.  


Since mobile technology came to villages the opportunity to ensure that no human being is unbanked has become within reach because moile phones can bring doiwn the transaction costs of securely checking financial transactions down so low that even a transaction of a few cents need no longer be a loss leader for a financial institution to service


 When you hear someone naysay this it is useful to understand who sponsors there work. Some are sponsored by big banks which 20087 proved to have designed the least economical and most communally destructive systems known to man. Others are sponsored by command and control governments or vested interest groups including g the type of poverty professional who is based in one of the richest capitals in the world and whose union has contracted that the professional need never spend more than 3 months a year working in a poorest place of the world


Who'd Want a Nobel Prize
Back in July 2008, the chief judge of the Nobel Peace Prize came from Norway to Dhaka to open a museum on the liufe accomplishments of Yunus and to address banagldeshi ypouth as the model of the sustainable net generation. He promised his institution would always look out for youth. Cut to May 2011: here's what the same youth are chatting about now

Yunus is one of our greatest icons of national pride. What do we achieve by denigrating ourselves? What
are the charges against Dr. Yunus?

 1.      He has over extended his stay as chief of Grameen Bank. Well, same
goes for many of our political leaders.

 2.      He runs Grameen as his own personal fiefdom. Same goes for every
other towering personality presiding over the institutions they have built
with tear and toil whether in political, social or business life. Recalling
a similar practice may be helpful. Rabindronath started an unorthodox school
the famous Santinikaton in 1900 and presided over it in different capacities
till his death in 1941. Grameen Bank is a unique institution and shouldn't
be bracketed with other banks.

 3.      Micro credit has failed to alleviate poverty. This is a tricky
issue, but without going into lengthy debate, it's safe to conclude
microcredit practiced by PKSF run by government, NGOs and Grameen Bank has
kept at least half the country's rural community alive over past two
decades. That itself is a major achievement. Besides it has given self
respect to these otherwise non entities who are usually frowned upon, often
romanticized but never respected by the centers of power. Moreover, there is
no denying the fact that microcredit has empowered a huge number of rural
women. It has ushered a social movement in Bangladesh.

 Grameen Bank is not the only institution which extends microcredit. So,the
interest rate is dictated by the market. It may also be noted that
microcredit can not be considered as the panacea to solve all the economic
problems of the country.

 4.      Interest rate of micro credit is exorbitantly high at nearly 30% per
annum. It's incorrect. Under no circumstances it exceeds 25-27% at most,
which is a great relief in comparison to more than 100% charged by loan
sharks. None of the state owned banks let alone private ones have the
capacity to reach deep interiors of rural communities.

These are no mean achievements. Nevertheless, being human Dr. Yunus isn't
above controversy. His attempt to float a political party was not
appreciated by thoughtful people. But a responsible government ought to
correct his errors and not cut him to pieces. In this regard Professor
Rehman Sohban the much acclaimed public intellectual has brilliantly
articulated our collective thoughts in his Daily Star article on 15th March.
We hope wisdom will prevail and the government will refrain from humiliating
Dr. Yunus any further and negotiate a peaceful and honorable transfer of
power in Grameen without jeopardizing the entire micro finance programme.


Our Washington DC hotline is 1-301 881 1655 - skype chrismacraedc - email , like the whole industry, is in a state of flux. This is caused by the prime minister of the country that was once celebrated by worldwide youth as the open university of microcredit tearing the founding institution down. It is rumored -as at May 2011 - to be replaced by her advisers macreconomic theory called microsaving  our aim through 2011 which we hope to have achieved in time for the 2011 world microcreditsummit hosted by Spain's Queen Sofia in november is to link in to those who are doing grounded research on what microcreditsummit once proposed as learning around the deep 3 of microcredit Grameen  BRAC; and Kenya's Jamii Bora . Between 2008 and May 2011,  I have made 8 amateur expeditions to Dhaka to Grameen and BRAC and my family sponsored another 20 or so highly networked people such as the founder of the-hub  (6000 entrepreneurs in 40 intercity spaces) to the deep 3.

MicroKnowledge:  To be transparent about the content we seek to connect at this web: I declare a personal dread of today;s conventional wisdom that we need general standards and ratings ; the world bank, so-called charities like accion which specilaise in IPO's microfinance instead of invsting in poorest's community ownership , and others inside the beltway are now inviting in the same macro mindsets that led wall street banking astray showing a total mathematical inability to understand diverse models first. My family has over 60 years practice in the opposite paradigm of how entrepreneurial revolutionaries and microeconomists truly map out humanly productive work and innovate in the face of urgent social need which usually includes integrated reconciliation of cultural conflicts Ironically before dad went up to cambridge as one of the last students to directly ponder over Keynes great quandry - what woiuld happen to the hippocratic oath of the profession that increasingly ruled the world, he was a teenager in world war 2 navigating RAF planes out of modern-day Bangladesh studying an Indian correspondence course on economics. At Cambridge he also met Janet Kemp who became my mother and whose own father Sir Kenneth spent 25 years being converted by Gandhi from chief raj judge in Bombay who imprisoned mahatma to lawyer writing up the legalese of India's Independence. Dad worked for 5 decades at The Economist, which had been founded backed in 1843 by microeconomist James Wilson, who died before his time - 9 months into a project aimed at reforming Raj economics at Calcutta. Today BRAC cures the disease that ended James with oral rehydration- the epitome of a knowledge economy free market where the cure's ingredients are abundantly available costing a few cents if only mothers of infannts know how and when to deliver. The first 40 years of Bangladesh were celebrated as the most cheerful grassroots entrepreneurial networking nation, leading the world to the most exciting millennium goals. In Spring 2010, Obama convened the first presidential summit of entrepreneurship between 60 East-West nations aimed at exciting the west to learn from the east's micro up approaches - especially how to celebrate use of info technology for the poor.  This fitted dad's 1984 storyline on how to change economics in time to ensure that globalisation didnt end up spinning Geoirge Orwell's nightmarish ending to human sustainability - an outcome that Einstein was concerned that every mathematician need be trained to help prevent

In pursuit of the wishes of Norman Macrae (aka Unacknowledged Giant of The Economist) , we are making social business loans to micromedia concerned with forbidden questions and recovering the best news stories of how youth can yet make 2010s the most exciting decade wherever countries decide to adopt economic policies that invest in youth - that being what the maps of Bangaldeshi microcredit - when it was the networking age's greatest invention- celebrated out of every village hub. 

Projects receiving loans from Norman Macrae and family floundations include:

  • Journal of Social Business - the only journal on pro-youth economics and case studies valued by entrepreneurial revolutionaries
  • Special spin offs of journal - eg we have invited MIT entrepreneurs to compile a journal choc full of what they would most like to share with Miuhammad Yunus as world champion of info tech for the poor and with a special focus on how could we open source a green social business stockmarket - an idea that emerged from a wonderful Embassy of France in DC gala between MIT entrepreneurs, and leaders of French and US startups programs.
  • Viral good news competition being chaired by the student founders of
  • Some of the early research into what constitution do countries need when most of the population is under 30
  • which we aim to roll out in english and french before seeing if there is demand in other mother tongues

March 2011, Wash DC = Annual State of Microcredisummit Debrief

This took place in the press building in washington DC this morning thanks to the heroic work of sam's team at microcreditsummit, and with muhammad yunus through video conferencing - also guesting in person was Spanish Secretary of State for International Cooperation Soraya Rodriguez Ramos AND U.S. Ambassador-at-Large for Global Women's Issues Melanne Verveer
BEYOND HEADLINE  microloan has grown more than 16-fold from 7.6 million in 1997 to 128 million in 2009, I learnt of the irony that tomorrow possibly the riskiest day in the future of womens economics is also the 100th aniversary of international womens day
For me transparent information segmented into 3 flows:
1 ways microcreditsummit sees of restructuring information so that in the future two main goals dont mixed up - 1) how many families have access to mfi and 2) how many have access to poverty-ending futures
2 the US press corps slowly learning that a bank totally controlled by bangladeshi government might lose its microentrepreneurial edge very quickly (and so all the grassroots networking knowledge that bangladesh has built over 40 years since there's no reason to believe that the government will stop at appropriating the equity of one group of 8 million poorest families and not another's) and possibly that the government's inquiry strategy may try to nationalise anything with the grameen name on it
3 how would the total academic, practitioner and media knowhow of 1) need to be presented differenly so we never again put a builder of sustainable microcredit in such a position as we have all put yunus

 Which is simplest article on microcredit you have ever seen? rsvp - answers 1

Frankly, Yunus is the most honest person I have ever met. What may that tell you about how to live with Global Media?

Breaking News for 2011 - perceptions of truth are being changed so fast that we invite you to come and crowdmap with us in particular we invite mathematicians to start registering what we want to talk about in spain in november - as for the rest of big financial world they are neither convenient nor true and we really need to take back public media - beginning with UK's bbc and india's dd - as dad suggested in 1984 Changing national politics  Changing economics      Changing employment         Changing education

queen sofia microcreditsummit nov 2011  valldaloid, spain

see below extract of story of Nasreen Khundker who in 1993 was a member of the Phase IV evaluation mission of Grameen Bank -an evaluation financed by NORAD, CIDA, USAID and a few other donors ...
The truth is that real Bangladesh microcredit models always works mathematically to end poverty as Bill Clinton testifies, and these testimonies in US congress Fall 2010 show. Or look at 1993 valuators comment. In fact, for the poor's 16D purpose of developing community sustainability, Grameen is one of the most verified models on the planet.; What has no verification is wall street owned microfinance. Yet again the greedy hands of wall streets and mad avenues are to be seen trying to trap peoples in dismal "big brother" macroeconomics - the world away from the microeconomics purpose that Adam Smith alumni and entrepreneurial schools originally invested in future generations with
On submission of our evaluation report, we met Prof. Yunus at the Grameen Bank headquarters. What was remarkable about this meeting was that at the end all donor representatives mentioned that should he need further financing, he knew where to find it. Yunus politely declined their offer. 

I was impressed by his honesty and straightforward manner and his unbowing attitude to donors. This was remarkable in a country which constantly solicited aid and bowed to donor conditionalities in return for the loans they gave. I later learned that Prof. Yunus refused a $100 million loan from the World Bank about the same time

Microcreditsummit - the greatest peoples network ever? Our editors and web supporters think so because its about everything banking communally sustains or destroys from one generation to the next. In the Bangladesh model (the nation whose birth- as then the world's poorest - in the 1970s itself gave birth to the microcredit open source solutions that invite the human race to network round ending systemic poverty) microcredit never separates the banking process from community-owned markets and open knowledge hubbing. Integration of this three-in-one map for multiplying value connects life critical services such as job creation, education, health including clean food, water, energy- empowering people (parents and then their offspring) in the community to ultumately be self-rleiant in doing these services, and making sure that community sustainability goals are relentlessly chosen - and invested in around the next generation . Networking Economics sytems designed by and for the poorest provide the most economical journey entrepreurial spirit can purposefully compound. It shows us the most wonderful above zero-sum mosels that win-win-win economics is capble of investing peoples futures in. It cold even make Keynes' alumin proud of the duty he announces that increasingly only economics rules the world.

Spain's world microcreditsummit chief guested by Queen Sofia


 in 2011will invite participation in over 50 networking workshops- here are  first batch of 10 lredy ssembled; its up to you to name something tht's vital to community sustainbility if you dint se it lredy being featured

More than 50 workshops are being organized for the upcoming Global Microcredit Summit be held from November 14 to 17, 2011 in Valladolid, Spain. Each workshop will have a paper authored by a leader in the field of microfinance. Click here to view the announcement of the first ten confirmed workshop authors for the 2011 Global Microcredit Summit.
• What is the Cutting Edge for Microfinance in Remote, Hard to Reach Areas? - Anne Hastings, CEO of Sèvis Finansye Fonkoze

• Finding Solutions to the Currency Risk Challenge for MFIs, Investors and Donor Agencies. - Brian Cox, Executive Director of MFX Solutions

• Best Practices in Community Managed Savings Groups and other forms of micro-savings for Successfully and Sustainably Reaching the Very Poor. - Chris DeNoose, Managing Director of World Savings Bank Institute & Jeff Ashe, Manager of Community Finance at Oxfam America

• What Can Branchless Banking Do to Advance the Field, and What Can It Not Do? From Mobile Banking to Point of Service. - Claire Alexander, Senior Program Officer at The Bill and Melinda Gates Foundation

• How Have Micro-Franchises Improved Income Opportunities and the Lives of Community Members, and How Can MFIs Make Them Available to Their Clients. - Jason Fairbourne, Peery Fellow at The Ballard Center for Economic Self-Reliance

• Catapulting Youth Livelihoods: Finance-Plus Strategies to Improve Attitudes and Behaviors, Provide Hope and Opportunity. - Lara Storm, Director of Youth-Inclusive Financial Services at Making Cents

• Why Managing for Social Performance is More Important than Just Measuring It, and How Can MFIs Best Use These Insights? - Laura Foose, Partner at Alternative Work Credit Technologies

• Women are Useful to Microfinance: How Can We Make Microfinance More Useful to Women? - Linda Mayoux, Independent Microfinance Consultant

• A Deeper Look at Programs that Work with the Ultra-Poor: From Safety Net Programs to Other Innovations. - Nathanael Goldberg, Financial Inclusion Director at Innovations for Poverty Action

• What Have we Learned about the Most Effective Ways to Use Micro-Insurance to Reduce Vulnerability: Health, Life, Disaster and More. - Richard Leftley, President & CEO of MicroEnsure

Ultimate microcredit debate - why did one man decide to ruin microcredit for India? Perhaps vikram didnt understand that the world's greatest innovation does not just need a financial model but needs to woek out what conflict resolutions are needed in the community before business entrepreneurs can generate ...

Yunus, Grameen, Bangladesh



Vikram, SKS, India


.worldsgreatestinvention4.jpg.worldsgreatestinvention5.jpg.worldsgreatestinvention6.jpg when you observe Clinton Global and the folly of SKS (India's IPO'd microcredit, led by a man who calls himself  a disciple of Yunus) you  may wonder how could an Indian not know the script of the Gandhi Peace Prize 2000 Citation : Grameen bank, Bangladesh- has human long-term memory been completely erased by the vicious combo of mass media soundbites and computer short-term memory even in India?  

Gandhi Peace Prize 2000

Citation : Grameen bank, Bangladesh

There are few institutions that inspire faith in humanity even in  an environment of material greed, soulless careerism, exploitation and pursuit of naked power, institutions that live with the credo that “small is beautiful” even when the world is being besieged by the philosophy of the big. They are the institutions that live with a soul committed to fighting the inroads of global homogenization, seeking to provide succor to the deprived yet diligent common people and proving that unity can work miracles even in an age of growing individualism. The Gandhi Peace prize 2000 is being awarded to one such institution- Grameen Bank radically reversed conventional banking practices with their emphasis on collateral security, practices which has given rise to the witticism that the best way to get a loan in convince the banker that you don’t need one. Here is a new banking system in rural areas that is based on mutual trust, solidarity, participation, peer monitoring and accountability. Its operations indicate the faith of its founding father, Muhammad Yunus, that if financial resources are made available to the poor on terms and conditions that are appropriate and reasonable “these millions of small people with their millions of small pursuits can add up to create the biggest development wonder.” The success of Grameen bank has won international acclaim and emulation. With its participatory approach, emphasis on women entrepreneurs, women’s empowerment and employment creation, the microcredit projects have come to be hailed as a very promising approach to poverty eradication. Mahatma Gandhi gave the world a talisman “Whenever you are in doubt or when the self becomes too much with you apply the following test Recall the face of the poorest and weakest man whom you have seen and ask if the step you contemplate is going to be of any use to him. Will he gain anything by it? Will it restore him to a control over his life and destiny? In other words will it lead to Swaraj for the hungry and spiritually starving millions? Then  you will find your doubts and your self melting away” Grameen bank, Bangladesh is an invitation par excellence, which passes the test with great elan

 A powerful business
Fazle Hasan Abed on BRAC.

Muhammad Yunus

We encourage young villagers that Grameen offers secondary school scholarships to pledge that they will never enter the market to seek jobs from anybody. They’ll be job givers not job takers. We explain to them “Your mothers own a big bank, Grameen bank. It has plenty of money to finance any enterprise you may wish to float, so why waste time looking for a job working for someone else? Grameen Bank is in the business of encouraging entrepreneurship among the people of Bangladesh – not dependence”Yunus, Building Social Business, 2010

What connects the most purposeful peoples’ summits in the world?

 1.0 Uniting round The Greatest Ever Goal:  1960s people had the moon: we have saving the planet & ending poverty –what could be more exiting than 2010s? 

2.1 Celebrating practitioners with solutions that diverse peoples and communities can open source; peoples summits are exact opposite of global summits where world leaders are there to image make on tv

 2.2 Does a peoples summit exist- in my searches the one that’s most interesting is  1997-2010 microcreditsummit  

Behold the largest self-help undertaking in human history—bringing hope, dignity, and empowerment to tens of millions of the world’s poor and poorest families. Behold a movement with global outreach, that has penetrated beyond city slums and market towns to even the most isolated villages. Behold an industry that embraces thousands of NGOs, credit unions, public and private banks, and an infrastructure of hundreds of thousands of community-based peer lending groups that are enabling many of the planet’s most disadvantaged households to generate the additional income and savings they need to keep their children alive, nourished, healthy, and able to attend schools


Probably if microcreditsummit had started much later than 1997 it wouldn’t have developed to be human process distributed


3.1 What can we learn from history of greatest races? Well it seems to me that the moon race was greatest collaboration between man and computer because the computer was only used for what man couldn’t do; today’s hi-tech mistake may be to only use man for what computers can’t do


3.2  Discover collaboration tools usable at magic ages in personal development- in 5 years of searching world citizen guides identifies:

3.2.1 before adolescence the Gandhi family who care for 31000  lucknow school children that has computerised Montessori practices, and Harrison Owen open space as extraordinary collaboration experiences

3.2.2 for teenagers, the entrepreneurial competition formats of new Zealand schools where every child is also encouraged to be a great journalists /questioner and not rush into smart answers looks world class to me

3.2.3 for those at university age (or last 2 year together before jobs) networks of microenetrepreneurs like Bangladesh encourages and Frnace has implemented round are great collaboration experiences;


3.2.3 At every age:  based on Dr  Muhammad Yunus new book Building Social Business we can host games round any greater sustainability goal we choose, and encourage 12 type of collaboration partners to play at networking innovation by multiplying best of micro systems, macro systems and media systems

 4  Elect beliefs which can help the culture sustain people summits over 13+ years 

4.1 the king can’t change until people can is one of my favs – what’s yours


for mathematicians (or those professions that pride themselves on numeracy) : we are suffering from the world’s biggest maths error- the bad and good news is that we can only see sustainability blossoming if we resolve this error; the maths of sustainability exponentials exist (yunus social business model is one version of it) ; also those microcreditsummit networkers who have maintained the system rules introduced by the Bangladeshi microcredits back in 1997 have 13 years experience of validating sustainability’s maths

 Ideas urgently needed on peoples summits


calling 100 global brand CEOs to try out world's greatest invention

slides on micro up system design as world's greatest invention

download: draft of 10 times more economic banking is possible


compass124.jpgHelp our 12 Collaboration Partner (CP) Newsdesks log up sustainability's best news of 2010s

.CP1- MicroSB banks

-banks of social businesses franchises (exponentially rising since 1970s - thanks to bangladesh's job-creationworld class system innovation )

.CP2 Foundation Brands partnering in endless community rising recycling of Social Business dollar

.CP3 SM Summits


.......CP11 empowering DigiYouth.

Thank you Bangladesh and Dhaka en route to every sustainabilty capital- a third of a century on microcredit's gift to the world of social business franchises provides open source catalogues of how to solve any type of life critical and community sustaining crisis. It is up to the net generation and job creating youth to urgently share sustainability's good news all over the world.

 Help us write book on how nobel prize catapulted Dr Y beyond microcreditsummiting to collaboration partnering on globka social business stages. 

.Latest Good News : NY students jan 09 commit to Dr Yunus  join race to openly catalogue first 1000 MicroSB; Nov 09 Dr Yunus holds social business reunion of the 00s decade and asks for ideas on lotting humanity's most innovative games in 2012; launches Global Grameen -number 1 brand in sustainability partnerships - so worldwide collaboration partners can share knowledge on how to connect social business wherever communities have a sustainabilty crisis 



.CP2 Nike Foundation & Muhammad Yunus at Clinton Global sept 09 announce Grameen Nurse program with 5 million $ from Girl Effect 1 2 Funds. End Nurseless village collaboration partnering  began at CP9 Yunus Centre Glasgow Caledonian Uni Nov 08, connecting CP1 Micro SB  Grameen Kalyan (est 1993 ) and CP11 Grameen Shikka (as well as recent SB imports aravind (india to bangladesh thanks to CP10 thegreenchildren fund), cure2children (GlobalGrameen 100 alumni - wolfsburg-autostadt-volkswagen-grameencl nov 09); GNI expected to use CP12 free university knowledge pioneered by cida; grameen health partner searches led by founder of grameen america whose world congress includes CP3 extremely affordable SB sub-summits; oct 2009 Emory University led usa partner CP8 corporate consortium -, Pfizer, General Electric Healthcare Systems, Mayo Clinic, Sabin Vaccine Institute and Johnson & Johnson-to grameen dhaka;  grameen corporate SB partner for hospital construction: Saudi-German hospitals; more collaboration partner jourmalism at rsvp info if you know any 6+ CP web combinations above  case  CP1*CP2*CP3*CP8*CP9*CP10*CP11*CP12 as a 8 value multiplying collaboration web shows how collaboration frees global markets to value multiply sustainability. Colabiratin is the new innovation advantage. Welcome to the above zero-sum 2010s decade of Global Social Business partnering in sustainability.


Come and help network best ever microcreditsummit with 2000 people in kenya april 2010

Celebrate kenya ’s jamii bora as world class Yes We Can benchmark of

  • mobile youth microcredit,
  • micofinancing ecovillage for 2000 members families and microentrepreneurs who previously lived in slums,
  • a most affordable 100000 family health insurance system

On networking journey from Nairobi to Madrid world summit 2011, help fulfil queen sofia’s 2010s wish to see a presentation of 100 microcredits form 50 countries that collaboratively represent microcredit’s  most sustainable attempts to end poverty

sofia- do you know where the best single click is?
links to 10 sub-programs at bottom including vocational training program VTP  we field-visited 
(would love to know if there is any more online content on VTP -presumably there is knowledge sharing between VTP, BRACgirls and jamii bora members academy in the run up to best ever microcreditsummit and celebrations of girl effects 1 2  between bangladesh and worldwide collaboration partners CP1-12?) ; to london rumormakers -would seem extremely timely if royal families across europe can start up a greengirl effect fund
-Jeeps if 20th C can do royal societies for prevention to cruelty to animals,  would think even 21st c bbc could feel free to market- advocate moving  to royal societies empowering girls  
March 2010 is a good news deadline to ask sweden's golden carolina to he lead on girl power london Y-olympics committee ; let's work through how to do it the right way round not the wrong way of worldchangers summer 2006

.From Dr Yunus' opening address, microcredit summit 1, DC 1997:
I wish to take this opportunity to thank millions of micro-borrowers and thousands of staff who have worked so hard to right a wrong which has caused so much avoidable human misery. This summit is about setting the stage to unleash human creativity and the endeavor of the poor. This summit is about creating a process which will send poverty to the museum... At the moment of the Wright Brothers first flight - which lasted only 12 seconds, the seed of a new world was planted. 65 years later, men walked on the moon. Let's ensure that in less than that time interval we will go to our moon - creating a world without poverty .

Nov 2009- Breaking News

 sam daley-harris invites your world to help him with before Queen Sofia patronises Madrid world microcredtsummit in 2011

It maybe that the method Sam has to use (50 country tour - which 2 mictrocredits per country like the kenya's most dramatic persentations best) finds say 70 that are social busienss microcredit and 30 that are not but then you can always re-edit listing 2.0

If I have misunderstood then the error is solely mine but it seems to me this message getting through to Dr Yunus is worth checking as we joyfully map 2010s end poverty decade

thanks, chris macrae -----------------------------------------------------

Part 2 for those concerned with being 100% clear of what the system design rules of social business and microeconomics Future Histories of Humanity require -chess would not be the same game if you changed how pawns moved; so it is with systems- understanding what rules not to change in designs or replications of the Bangaldesh Social Business system molecule (whether individually organised or openly network mapped through many partners) - developed over a third of a century's prooftesting as world's greatest inervention for local peoples' job creationkids development and communities' sustainability 


the first law of social business: ownership 0% top-down shareholders & 100% (owned) in Mcro-Up trust for those in longest compound need to be served



There are actually a lot of reasons why stick at 0% siphoned out

1 this is the pure system of end poverty –stop big colonist capitals sucking out sustainability of local communities or worse causing them to be their own waste buckets or depressing area

2 this is the pure maths that is the opposite of Wall Street Spreadsheeters - being ruled by one side rewarded for how much it extracts from every other, every quarter

3 it is in effect the Bangladeshi invention that both grameen and brac compounded the world’s most purposeful orgs around and ten times more economic local community systems around -(cf prahalad bot of pyramid search for 10 times more economic)

4 constitutionally as soon as an org has well maybe 1% can go to external shareholders, its always possible when the organization has a difficult time –eg its leader retires- that some lawyer will be hired to turn 1% siphoning  to 100%

5 0% should allow a social business to claim that it be treated in law as not for taxation

6 0% should be arguable both to charities and to governments as a better model than anything they do to serve the weakest

7 if every partner in a network is a 0% social business then you are safer than if you have to audit seem that are these hybrid social businesses ; in fact the hybrid can bring down the whole network

8 as far as I know both nature & mathematicians integrate 100% micro up -reasoning compound even 1% conflict with sustainablity into a system and over time whole truth will be zeroised - in 1998 I presented that logic to big 5 accountant andersen predicting they would be worth nothing if they didnt renew transparency among their partners- I was told not to meet them again -

margaret blair, a georgetown scholar of social law,  chairlady of unseen wealth presented a similar logic on dangers of compound risk to incoming bush admin in first quarter of 2001 – all her DC research budgets were stopped; nor have presentations in 2004 in brussels to EU head of intangibles research there gone better; so I think yunus micro networks are the last  game left to connect any sustainability capital

there are probably many other pattern rules like this that you can jot down as you start writing up social business cases; that’s one reason why the openness of having the main back of social business cases matters


chris macrae  DC 301 881 1655 is edited by journalists for humanity and invites those who believe mapping exponentially true sustainability investment models is humanity’s most exciting challenge. Our 1984 book timelined how this crisis of opportunity and risk would be the species-defining responsibility of the generation 1984-2024 -the one which designs how we integrate local societies into a global world. Two opposite spinning outcomes – making 21st century best for all peoples or worst are the only probable ones.


100 Microcredits To Trust through 2010s To End Poverty  (version 0 ) final version to be edited by top panel in time for Madrid 2011


Please briefly tell us whether your trust is because they are constituted as a social business or other leading reason to go and benchmark from


Annotation * means not known to be social business model




Kenya  S-neighbour Wangari Maathai






Grameen Carlos Slim












Pro Mujer





Sri Lanka



S. Sudan










FINCA (2nd largest of FINCA)


DR Congo















Costa Rica

WholePlanetFoundation (S-neighbour Earth University)



WholePlanetFoundation (S-neighbour Galapagos system) explores a journey around the world’s greatest system invention discovered by the world’s poorest large nation in the 1970s: Bangladesh. Two of the greatest entrepreneurs to have ever been entrusted to bank for and by the people designed the most purposeful organizational model ever to compound value through time. Unlike charities serving life critical needs they insisted on mapping productive and demanding organisations with positive cashflows. Unlike previous notions of business they insisted that ownership of these organizations be in trust of the poorest or those in most life critical need of each social business’s specifically designed purpose. They brought freedom and happiness to women in a culture which had lost such human rights. These women used their microcredit banks to invest in the next generation as the greatest sustainability investment choice of all.

Bangladeshi’s lead the world in dialogues on climate and millennium goals and how to collaboratively network in making the 2010s the Joy of Life decade. They help unite peoples and cultures as sustainability investment solutions are open sourced worldwide by Yes We Can networkers – mainly youthful but hopefully with some microeconomic elders cheering them on.
Banking matters- get it wrong and you waste $20 trilliion dollars the way wall street did We believe microcredits owned by and on behalf of a place's poorest people offer the safest forms of banking.
When led by hi-trust entrepreneurs they also make the world's greatest sustainability investment - witness Grameen's world leadreship in solar energy and mobile media. We welcome every resource link possible on these 5 - Grameen, BRAC, Jamii Bora, Fonkoze, Microloanfoundation - as well as your nominations if you have a different top 5 -
Fresh bookmarks for 09/10 Uni Clubs.
Our web's 2 main goals for 09/10 are to help make kenya microcreditsummit april 2010 best ever (how's that) and to create networks where true microcredit (1 2) people are safe to replicate sustainability ideas without interference from those who see microcredit as just another branch of wall street capitalism. True microcredit systems are permanently constituted as social business . This is the world's greatest invention as a system design capable of intervening in all system crises. It has a transparent positive cashflow model but the whole is owned by or in trust for the poorest -that way we can use finance's compound impacts to start to resolve sustainability crises in every local community . Please contact us if you share these goals chris.macrae usa 301 881 1655
coming soon: microeconomics' 10 times more economical guides to health, education, energy, hi-trust professions, media , all the communally sustainable qualities of life's exponentials

informal correspondence with sam on what happens after microcreditsummit

seems cool to me to if 5000 youth ambassadors are aware how to help celebrate the future of microcreditsummit... please help sam place this op-ed: so far in over 10 countries & 15 local/regional newspapers

chris summer 09:  after Dr Yunus 69th birthday  (BBC) celebrations in Dhaka
Just wondering:  Is the 50 country roadshow after kenya still likely to take place - if so which of your staff members will be leading that with you?

sam: We are still talking with one major funder on this (and will probably talk with others).  It would be one staff in Africa, Asia, and Latin America who would each go to 18 countries over three years (54 total) a lead a MFI network briefing on Jamii Bora's innovations in urban slums and then hold a competition to select two most likely to visit Jamii Bora and return to their country and implement the innovations in the urban slums.

.reviews of microcreditsummit- john hatch, village banking founder: Behold the largest self-help undertaking in human history—bringing hope, dignity, and empowerment to tens of millions of the world’s poor and poorest families. Behold a movement with global outreach, that has penetrated beyond city slums and market towns to even the most isolated villages. Behold an industry that embraces thousands of NGOs, credit unions, public and private banks, and an infrastructure of hundreds of thousands of community-based peer lending groups that are enabling many of the planet’s most disadvantaged households to generate the additional income and savings they need to keep their children alive, nourished, healthy, and able to attend school.....

Celebrating Yes We Can’s Teenage Years


13 years ago Dr Yunus’ famous Yes We Can speech helped launch the first microcredit summit with over 2000 delegates in washington DC –what consequences have compounded?


Microeconomics discovered

Panel discussion if bill clinton’s observation that bangladesh has invented a wholly new and sustainable developing economy model –ideal panel bill clinton, dr yunus and fazle abed


13 years on from introducing mobiles in village:

panel could be the green children pop group; kazi islam of grameensolutions explaining how mobile consultancy has become a world class sector for bangladesh; jamii bora celebration of first african microcredits full implemented on mobiles


13 years on from investing solar in village

dipal barua ideally discussing with a royal supporter of bbc jounrnalist how thriving carbon negative rural  economies are now possible with Wangari Maathai

extract from 69th birthday dialogue & youth ambassador 5000 report

rewind to 1997:

1997, Washington DC- as the speaker of this text finished, he noted to himself and for posterity. I looked at the audience, knew there was applause, but did not hear it. All I heard was millions of determined voices rising from all over the world saying YES WE CAN make this ambitious, mad, crazy, impossible dream a reality .  We can have a world free of poverty As we assemble here, I ask “what is microcreditsummit about?”. Is it another Washington gala event? Personally to me it is an emotional event. Like me, there are many here today for whom it is a deeply emotional experience. It is emotional because we have been working very hard to make this day happen. Finally it has happened. I wish to take this opportunity to thanks millions of micro-borrowers and thousands of staff who have been working hard to right a wrong which has caused so much avoidable human misery.To me this summit is a grand celebration- we are celebrating the freeing of credit from the bondage of collateral. This summit is to announce goodbye to the era of financial apartheid. This summit declares that credit is more than business. Just like food, credit is a human right. This summit is about setting the stage to unleash the human creativity and endeavours of the poor. This summit is to guarantee every poor person the chance to undertake responsibility to establish his or her own human dignityThis summit is to celebrate the success of millions of determined women who transformed their lives from extreme poverty to dignified self-sufficiency through entering into microcredit programs. It is about creating opportunities for 100 million of the poorest families to follow in the footsteps of these successful women....

We believe that poverty does not belong in a civilised human society. It belongs in museums. Thus summit is about creating a process which will send poverty to the museum. We will create a poverty free world.

In the hall of fame of greatest innovations for humanity, microcredit stars as one of the brightest of all. This is why and how

Microcredit (1.0) multipliers work best when an optimal way is found to regenerate productivities and demands across many communities across a region by brining incoming generation to many people who were unemployed or trapped by a loan shark, other top-down power, or lack of structure that was preventing a living to be earned. Another way for microcredit multipliers to lift off exponentially over time is when a regional sector is identified which sustains more value for all who work in it iof it is owned in trust for its producers.


Case community regeneration – Grameen Bangladesh now empowers 7 million female villagers to be income generating who previously weren’t with the extra impact that previously they did not earn enough to nourish and educate their children but now we have  new village generation blossoming


More recently grameen has identified 2 new industry sectors that were great income generators when owned community up – mobile telephone ladies and clean energy including solar panels and biogas


 BRAC Bangladesh has primarily been an industry sector developer. Today the sectors owned in trust for the poorest by BRAC include village nursing, village primary education , the whole poultry chain, the whole livestock chain, the silk production chain and corresponding fashion brand .


Jamii Bora Kenya , inspired bt Grameen, has identified ways for slum youth to be productive in a mobile age along with their mothers,


Microcredit (2.0) multipliers come when a microcredit brand is well enough established to be regarded as a nation’s most trusted brand. At This stage the microcredit is often a highly economical channel to partner with especially for innovations that match sustainability and other vital needs.

 All microcredits , when truly designed, are owned by the poorest in the communities. When you connect all of the above information together, it becomes clear that in most cases the world’s most sustainable microcredits are far more than banks – they connect from the bottom-up the most critical investments in sustainability. They typically provide a way to a 10 times more economical system than has been seen before. The true microcredit is one of the greatest innovations of the human race. We look forward to helping you map and study them in more detail.
 Welcome to the web that explores what microcredit can do for and by 7 billion people
When it comes to money or life critical info flows, we distrust complexity. Please tell us ( if you know of a simpler model: 

1.0 the way loans are systemised determines whether any value exchange can compound sustained growth or is designed to crash; generally a place's economy cannot grow over time if loans are made for addictive consumption purposes instead of productive purposes

2.0 its always worth being curious about what purposes are productive; for example, however hard someone works to deliver something it is likely to be increasingly unproductive if there is a glut of substitutable offers;conversely a community should always treasure any skills it once became most valuable at or which match its own abundancy of resources since it would de dismal to become a value prisoner of someone else's colonial chain; the greatest investments made in human progress take time and have seldom come from the business world driven by 90-days money men, but intergenerational systems and family networks; unforunately many governments have been misled into a top-down big-brother scenario by false macroeconomic paradigms which value such family flows at below zero; as our microeconomics alumni first forecast 25 years ago, this in itself will end human sustainabiluty unless we repeal such mistaken maths Replicating sustainable service franchises doesn’t need rocket science but ownership design

Top-Down Franchise

1 Perfect what small team of people need to do in one place as well as what components they need delivered or in or channeled around

2 Own the components and patent the channel so as to maximise value sucked out to top owner instead of value returned to the workers and the community

Bottom-up Franchise

1 Similar but involving local knowledge to keep asking which parts can be sourced locally, renewably etc

2 Help bank any connecting infrastructure but in way that local community owns the investment, workers get sustainable wages and action learning, the franchise is replicable from place to place

 3.0 it is also worth classifying different types of product sectors; the most valuable to lead are thise that multiply value between producer and customer and nature; the least valuable have a transient transactional form which also leave nothing behind to benefit future generations; at one stage during the 2000's , over 40% of profits in USA came from financial engineering, which even if it had been correct, was the first time in the nation's history that it stopped investing in developing its next generation's futures; america is no longer the first place to benchmark any wholly innovative or sustainable metrics from-let's hope its yes we can generations dare boldly reverse this and go as president obama to a different culture than the failed top-down  


Help us map 100 Exponential Rising Leaders



Ratifying Youth Countries

Ratifying Youth Micro Premier League –Grameen, BRAC. JB

Ratifying other Youth circles

Sustainability Investment bank CEOs








Practicing Business Leaders


Ray Anderson




Sir Tom Hunter







Sir John Banham





Corporate Family Elders


Sir Adrian Cadbury



Lord John Sainsbury




Future Capitalism Leaders

About 30 currently being ratified


4.0 with simple statements like the above, it is possible to assess more innovative opportunities and threats



WE believe today- as dad wrote from The Economist 25 years ago - that microcredit -as designed by bangladesh grandmasters of this system - is the best news loans have ever had because it is bringing the costs of community loans down both through smart use of digital technology and smart use of trust relationships every way round  the value exchange - an integral assumption on which all free market models are supposed by Adam to be based . Microcredit reduces percentage of defaults to neglibible proportions and energises all sides off a communal value exchange in win-win-wins that continuously improve core purpose whilst being able to flex relevant change.

Bangladesh, through the maths that governs social business models and prioritises life critical service sectors with franchises of a replicating open source map - is arguably the first nation in the networking world to be multiplying value sustainably way above zero-sum; please tell us where else - eg kenya's Jamii Bora scaling up is to be cheered as every 2.5 years it doubles its world benchmark as a sustainability invetir  

 .threats : we cannot imagine how to design a more disastrous system of loans than that which global banks have compounded over the first decade of century 21 spun round wall street; being geared against sustainable productivity, and bringing the state of mistrust to madoff and toxic proportions; quite simply the american economy will continue to shrink year on year until those who designed  and powered over such systems - and the systems themselves - are removed

an idea I think we should set up meeting with eg Jon Hatch around is why can't unis with business schools set up a 50000 dollar microcredit lab ;

my understanding is that 50000 dollars would be enough to set up 5 groups of 5 borrowers incrementally (an additional 25) per year (also since he was the first person to think of a microcreditsummit we could ask if he supports a heroic goal of microyouthssummit) some of the weekly meetings could be video-taped -as example of microentrepreneur mentoring what is easily forgotten is that not only is a community banker trying to enable 25 people to action learn to be microcentrepreneurs but if he is wise he selects females whose startups are not competitive, not already locally saturated in the community; or in other cases he starts a whole cluster which is historically how silicon valley or any new industry sector got located/seeded indeed we could soon see a whole checklist of what a microbranch manager does other way round differently with credit from what a brancd manager in a macro chain does;

I would have thought that every first year undergraduate not only economics students could gain from writing up essays inspired by some of those micro-dialogues 50000 dollars per business school uni is chicken feed against most research projects and versus baliout monies if yes we can obama can't find some way to start up the first 20 unis by 09/10 that take that on with a million dollar fund then I seriously wonder whether the new admin will create 1 green job let alone 5 million

in big cities with 5 unis one bangladesh microcredit branch manager can serve 5 uni centres a week; across 50 big cities that's 250 hubs to linkin if you want to hub microcredit action learning centres the way grameen microcredit always has, accelerated cince 1996 by mobile tech , and since 2007 by intel tech

I suppose I am missing something but equally this seems like content for a survey to send out to university ecoprofessors and see who's who if a krugman can't be bothered to put his name to a 50000 dollar princeton microcredit uni fund (call it the jon von neumann microcredit centre if you want to celebrate the father of collaborative computing's above zero sum game theories) then I seriously wonder whether american universities are worth a cent; maybe students should take a class action against them for misinformation chris macrae

From Shanghai,about John von Neumann -humanity's advances in computing Tuesday, 17 February, 2009 6:05 AM From: "science" To: "" Dear Mr. Christopher Macrae, Last month, I received your letter about the Chinese Edition of John von Neumann. I’m glad to tell you this book was published in December 2008.Thanks Mr. Norman Macrae for the Preface. I sent several books to Publishing House’s foreign rights, they should mail a simple book to Mr. Norman Macrae. About a copy go to the relevant part of the Grameen organization led by Nobel peace winner Muhammad Yunus, I don’t know you need the Chinese edition or the electronic document of English, and you didn’t tell me the address. Please tell me in detail. Thanks a lot! Sincerely, Liu Li-man

Signing the declaration of youth interdependence- marking the launch of the publishing house on Innovating Collaboration after a third of a century of bangladesh pioneering this action learning curriculm vitae.. George Washington University, week 3 of Yes We Can Era, the day Dr Yunus and Bernake shared notes on microeconomics of hi-trust banking and social business networks


week 2, Sheraton Towers, Manhattan:  19-24 year old New Yorkers Alexis (NYU) and Rachel  (ASA Intl) pledge to start dr yunus race to first web to weave 1000 social business links and ask for advice on network of youth social action maps


Best of Best Microcredit Organisations 2009 - your verifiable links help us update our rankings washington Dc bureau 301 881 1655
The Industry's Inventors & Green Standard for a third of a century
  • Grameen, Bangladesh
  • BRAC , Bangladesh
  • The other greatest exponential innovators in 008
  • Jamii Bora, Kenya
  • Unitus, Seattle & www
  • WholePlanetFoundation Austin and www
  • Grameen America New York and potentially any Yes We Can State
  • MicroEnergyCredits
  • Grameen Credit Agricole, France & www esp Africa
  • The steady famous sustainers
  • Pro Mujer, Bolivia and S.America
  • village banking (FINCA)
  • Womens World Banking
  • ASA Bangladesh
  • Highly creditable
  • MicroloanFoundation, Malawi
  • Kashf - Pakistan
  • Shorebank Chicago
  • Regions mostly not yet rated: India,

    China, Middle east

     Where to go for league tables that have nothing mathematically to do with sustaining microcredit



     Local Blogs/Articles India B1 B2 /A1

    Join us at the hottest conversations on planet microcredit -what we do is extract hot debates wherever they are webbed into one current thread

    incidentally this is our latest one-pager on why everyone in the world needs to choose which microcredit they believe in - help us edit it to be even more exciting as the world navigates its way back from Wall Street's Brink

    Free - One Hour's Advice on Microcredit or Microfinance

     There is more and more muddled writing on this topic in the business press 1. If you are spending serious time on this subject and intend to help the poorest, we are happy to spend an hour answering questions with the aim of differentiating between ideas that are grounded in Bangladeshi experiences of microcredit from others that are not using the same maths or communal purposes. chris macrae, washington dc bureau 301 881 1655

    Tell our DC bureau how we are doing tel 301 881 1655 email
    Our 2 purposes
  • support the world's most successful human network by linking you to its alumni, Bangladeshi interns and others who are taking microeconomics way beyond banking to every sustainability need of Future Capitalism
  • crossroads of choice:  to 7 wondrous microsummits of the networking generation. Our microeconomics mapping now in its 25th year of debating netfuture's human consequences: we need unprecendented collaboration networking flows around all vital human services that give a child a chance to grow up making a productive difference through life - credit, energy , health, education, media, professional hippocratic oaths and government. The East-West stars are aligned -for a once in a generational opportunity now that the White House is also populated by microeconomists
     Can you help David Against Golliath?. Dr Yunus among the microeconomics world's 4 greatest collaboration entrepreneurs- Mrs Begum, Professor Latifee and Dipal Barua spent 30 years of theor life showing over 100 million families how to escape poverty with community banking connected round 16 decisions women noted for to make their childrens lives better and networked through 150000 village centres in Bangladesh's benchmark model. These are the happiest and safest bankers on the planet cos every loan is an investment in a hard working being's productive life. Meanwhile global banks increasing addicted western citizens to excess consumption and compound scams from junk bonds to dotcoms to subprime - the latter chaining societies round the world in half a trillion dollars of losses, and counting. Now those big banks are pretending to offer microcredit. Since Dr Yunus and 100000 Bangladeshi grassroots networkers and friends around the world open sourced this model anyone can play. What we now need is 10000 youth to network around the world and act as fashion and hi-trust referees- where is the true microcredit being sustained exponentially up; where is even one rule of the MFI game being changed so as to spiral crashes. If you live in a city whose youth might want some copies of a dvd on how to referee this game over the enxt 12 months please phone our Washington DC bureau at 301 881 1655 or email you can sample some of our innovations going on at our spaces : , ning of future capitalism
  • Help the world's number 1 human interest summit relay the 5 best for world newslines from Bali July 2008 to next Columbia 2009
    .11 MFIs serving 26 million people launch Transparency Mapping
    I felt so bad -I made this thing and they came in and abused it.
    What a way to discredit a whole idea!" M.Y., Nobel Laureate
    9 year old microcredit student puts Dr Yunus on the spot in front of 1000 New Yorkers -wall street journal verdict
    Google Groups
    Subscribe to planetdhaka
    Visit this group , us tel 301 881 165, Washington DC region - collaboration entrepreneur searches: 1 2 3 4 5
    awards : Xiong Ning 

    Humanity's Best New Hopes for Future Capitalism Month 6 of Genre:

    Banking - all social business constitutions of microcredit originating in or partnering with Bangladesh's centre of community-up productivity knowledge ; includes Grameen Credit Agricole

    Sustainability Investment's 24 critical dialogues of 08 (source microcreditsummit, Bali, Asia)  & human development at world bank (co-sponsors uk sweden australia netwherlands)

    A  Compartamos IPO 1 : Lessons for Asia and the World of Microfinance:
    Prof. Muhammad Yunus , Grameen Bank,Bangladesh,
    C Factors that Contribute to Exponential Growth: Case Studies for Rapid but Sustainable Outreach to the Poor and Poorest

    Chair  |  Mr. Rajender Mohan Malla, Chairman cum Managing Director (CMD), Sidbi Foundation for MicrocreditSmall Industries Development, India

    Panelist  |  Mr. Md. Shafiqual Haque Choudhury, President, Association for Social Advancement, Bangladesh

    Panelist  |  Mr. Alex Counts, President & CEO, Grameen Foundation, United States

    Panelist  |  Ms. Roshaneh Zafar, President, Kashf Foundation, Pakistan

    1 The Future of Microfinance: Visioning the Who, What, When, Where, Why, and How of Microfinance Expansion Over the Next 10 Years
    Mr. Syed M Hashemi 1 , Senior Microfinance Specialist: Senior Microfinance Specialist: The World Bank-CGAP, USA; Prof.Muhammad Yunus, Grameen Bank,Bangladesh

    Youth stimuli and visions

    6  The Floodgates are Open: Channeling the Flows of Funds for Microfinance Effectively

    Panelist  |  Mr. Ian Callaghan, Executive Director, Morgan Stanley & Co.International Limited, United Kingdom

    Panelist  |  Prof. S. M. Huzzatul Islam Latifee, Managing Director, Grameen Trust, Bangladesh

    Panelist  |  Ms. Roshaneh Zafar, President, Kashf Foundation, Pakistan

    9 Innovations in Reducing Costs and Enhancing Productivity

    Panelist  |  Ms. Sadaffe Abid, Chief Executive Officer, Kashf Foundation, Pakistan

    Panelist  |  Ms. Anh-Tuyet Dinh, Managing Director, Binh Minh Community Development Consulting Company, Vietnam

    Panelist  |  Mr. Md. Enamul Haque, Executive Vice President, Association for Social Advancement, Bangladesh

    Panelist  |  Dr. L.H. Manjunath, Executive Director, Shri Kshethra Dharmasthala Rural Development Project, India

    13 How MFIs and Their Clients Can Have a Positive Impact on the Environment

    Panelist  |  Mr. Chitta Ranjan Chaki, Deputy General Manager, Grameen Shakti, Bangladesh

    Panelist  |  Ms. Kathleen Robbins, Director of Clean Energy, Green Microfinance 1 , United States

    Panelist  |  Mr. Kadambelil Paul Thomas, Executive Director, Evangelical Social Action Forum, India


    Mobile Phones Grameen Phone & Internet for the Poor - many social business announcements expected to join in with venture annnounced by Intel Capital and Grameen Trust -towards 10000 village telecentres (sustained as microentrpreneur social busienss franchise) and internet by and for the poor;
    I-care pop industry 2.0

    Water - Grameen Veolia; Milk consumer brand Grameen Danone ;
    Supermarket Retailing : WholeFoodsFoundation 1 2 

    cool reads : 1 mfi risk links: 1
    MIT speech June08; more flows is edited by people who believe that microcredit is one of the most human innovations ever. We are curious amateurs when it comes to such why’s of banking as promoting productivity of people or their propensities to consume. We would never want to be professionals in the world of big banking. If there is anyone in the world of big banking who wants to testify why they are proud of their profession- we have one page where we will display their signed testimonies.
    The Big Trouble In Small Loans - TIME
    Rafael Llosa's company has been lending money to some of the poorest people in Peru for 30 years. It used to be a fairly lonely endeavor. Giving tiny loans to impoverished women to make ceramics or to...

    Poor World's Biggest Question: now that microcredit is proven the most sustainable innovation yet known for ending poverty, why does the world bank commit less than 1% of its budgets to microcredit when France already commits a third of its aid to Africa in microcredit form and the UK is racing to catch up

    From 10 DowningSt Micro TV
    The PM and Muhammad Yunus - creating a world without poverty
    From Caplinski Bookclub 1000 Micro Tv
    governing social business model 1Community-sustained system design

    microtarget.jpg Communal Foundations for Free Markets & Sustainability's Win-Win-Win Exponential:
  • 1 Communities come to no harm when the most trusted and powerful people in the community are banker and healthcare worker
  • 2 Systems are amplified by what is professionally measured and what openness of media connects flows of ideas as well as actions learnt.
  • 3 Water, Food, Energy and Education can be argued as the human rights that our species has invested in its future generations. However since early networking models published in The Economist around 1980, WFEE clearly map as demands of rational man since a connecting world makes it environmentally and economically unsafe for any population of people to live with plentiful WFEE while another population has not enough to live
  • .



    owned by poor

    @ school 1
    CSFI Banana Skins Report on MFIs March 08
    refs: article



    Related Visions of PM Gordon Brown presented United Nations July 007 
    Can microcredit alumni help us envision UYN (United Youth Nations)



    2008 Goodwill News - Year 1 of Future Capitalism
    Launch of Future Capitalism bookfeatures Grameen Danone as world's first multinational social business & explains how social business model has been validated from 30 years of developing the microcredit banking sector J1
    Business Week article F29-Yunus world's favourite goodwill entrepreneur whose goal of ending Financial Imperalism is as big as Gandhi’s
    Wall Street Journal on Yunus opening New York bank –how & why sustainability bankers would never have wasted a cent on subprime: M1
    Youtube with Gordon Brown from Number 10 Downing Street :21
    Grameen Health Launch of The Grameen Green Children Eyecare hospital social business (aravind model) in Dhaka: 12
    World Economic Forum: Bill Gatesjoins Leaders of FutureCapitalism: J25
    Grameen Credit Agricole launch announced
    Parisian business leaders celebrate French edition and Grameen Veolia is announced
    Launch of Innovation Bank in Bahrain & announcement of 2 Billion $ inward investment in Bangladesh
    Top 25 dialogues of microcreditsummit year 008 are announced. They include industry sector responsibility response to Mexican abuse of goodwill and IP.
    Book hits Best Seller list on last day of 12 city US booktour J24- in New York, nine year old investigative journalist leads humanity's celebration
    Doonesbury cheered as inspiring economics correspondent at London School of Economics talk - changing mindsets and mini-professordom is development economics biggest crisis F15
    President Sarkozi orders HEC to provide an SMBA with Yunus a Chair of Social Business
    Milken debates with Human Innovation
    World's G3 : Grameen's Yunus, Genome's Ventner
    & Google's Schmidt

    Internet for poor: Intel Capital and Grameen Trust social business -  combination of “Intel’s technology innovation” and “Grameen’s  development of income-generation opportunities” at the village level 18

    Speakers by Nationality at MicroCreditSummit

    Prof. Muhammad Yunus

    Mr. Syed M Hashemi, (BRAC Uni, world bank)

    Mr. Fazle Hasan Abed, Chairperson, Bangladesh Rural Advancement Committee, Bangladesh

    Mr. Md. Shafiqual Haque Choudhury, President, Association for Social Advancement, Bangladesh

    Prof. S. M. Huzzatul Islam Latifee, Managing Director, Grameen Trust, Bangladesh

    Mr. Md. Enamul Haque, Executive Vice President, Association for Social Advancement, Bangladesh

    Mr. Md. Abdus Sobhan, Senior Principal Officer, Bangladesh Krishi Bank, Bangladesh

    Mr. Tamim Islam, Assistant General Manager, Grameen Trust, Bangladesh

    Ms. Rabeya Yasmin, Program Head, Ultra Poor Programs, Bangladesh Rural Advancement Committee, Bangladesh

    Mr. Chitta Ranjan Chaki, Deputy General Manager, Grameen Shakti, Bangladesh

    Dr. Sajjad Zohir, Member, Economic Research Group, Bangladesh

    Dr. Baqui Khalily, Executive Director, Institute of Microfinance, Bangladesh

    Dr. Mihir Kumar Roy, Project Director, Small Farmers Development Programme, Bangladesh

    Dr. Atiur Rahman, Chairman, Credit and Development Forum, Bangladesh


    Dr. Mihir Kumar Roy, Project Director, Small Farmers Development Programme, Bangladesh

    Dr. Atiur Rahman, Chairman, Credit and Development Forum, Bangladesh

    Dr. Mihir Kumar Roy, Project Director, Small Farmers Development Programme, Bangladesh

    Dr. Atiur Rahman, Chairman, Credit and Development Forum, Bangladesh

    Mr. Md. Mustafa Kamal, Director, Research and Documentation, Association for Social Advancement, Bangladesh

    Ms. Nurjahan Begum, General Manager, Grameen Bank, Bangladesh

    Mr. Mosharraf Hossain Khan, Deputy Managing Director, Palli Karma Sahayak Foundation, Bangladesh


    Ms. Nurjahan Begum, General Manager, Grameen Bank, Bangladesh

    Mr. Mosharraf Hossain Khan, Deputy Managing Director, Palli Karma Sahayak Foundation, Bangladesh

    Ms. Nurjahan Begum, General Manager, Grameen Bank, Bangladesh

    Mr. Mosharraf Hossain Khan, Deputy Managing Director, Palli Karma Sahayak Foundation, Bangladesh


    The Pro-Am source model of

    Professional quality control contacts include:

    Grameen HQ

    Grameen America 1 2

    Grameen Trust 1

    Grameen Foundation 1
    Grameen Credit Agricole 1



    Grameen & Danone
    Our interview microcredit amateurs include correspondents from the following micro tv stations and people whose life commitment is to sustainbility of particular regions’ peoples: : encourages the next generation to take a pledge- whichever of us becomes famous will stand up for sustainability investment and smba leadership education conducts surveys of the world’s most trusted people and networkers


    Full list of amateur correspondents and affiliations at bottom of page

    Mapping a world of sustainability investment

    Best of class microcredit organisational designs are sustainability investment; their 10-win structures multiply goodwill (aka trust-flows)govern sustainable exponential ups and by cyclically auditing no conflict between different relationships coordinates of productivity and demand –a transparency that searches to ensure minimal chances of system failure at any future time

    Microcredit proof of concept videos representing each of the 10 win-win-win voices to be systematically designed into sustainability investment organisations

    Study of microcredit over the last 30 years has led to social business models that offer 10-win sustainability in other life-critical community-up markets:





    Micro- Consumer channeled goods

    When grassroots up organisations partner a global corporation or other traditional organisational system in a governance of a social business, we have what has been called Future Capitalism – the optimal chance to multiply goodwill across every boundary of the networking (system*system) era which it is this worldwide generation’s responsibility to innovate and collaboratively map.

    New business school curricula are being open sourced around the world – the so-called SMBA

    Citizens are invited to collaborate in registering social businesses

    RSVP where sustainability futures of microcredit are being mapped

    Queen Sofia

    Clinton – early USmicrocredit

    Grameen America

    Bill Gates & MY Future Capitalism: Microcredit and SB

    Opportunity Intl & Accion leaders

    Results: Daley-Harris

    Grameen Trust Leader

    Grameen Credit



    Grameen Foundation

    Gordon Brown #10 networks

    Abed & micro-public services

    ASI leader

    Pro Mujer- S. America

    a world of data 1 2 -suggest a link RSVP


    In addition to being the first journalism network for micromedia, we offer the following services:

    Join Our Mailing List

    Horizontal Divider 12


    From Dr Yunus' opening address, microcredit summit 1, DC 1997:
    I wish to take this opportunity to thank millions of micro-borrowers and thousands of staff who have worked so hard to right a wrong which has caused so much avoidable human misery. This summit is about setting the stage to unleash human creativity and the endeavor of the poor. This summit is about creating a process which will send poverty to the museum... At the moment of the Wright Brothers first flight - which lasted only 12 seconds, the seed of a new world was planted. 65 years later, men walked on the moon. Let's ensure that in less than that time interval we will go to our moon - creating a world without poverty .
    2008 summit full program

    Asia-Pacific Regional Microcredit Summit 2008

    Detailed Agenda – Updated as of July 16, 2008

    This agenda is subject to change, please check back for frequent updates.

    Saturday, July 26 (Pre-Summit)

    9:00    –    17:00                                                                                            On-site Registration

    Sunday, July 27 (Pre-Summit)

    9:00    –    17:00                                                                                            On-site Registration

    Monday, July 28

    8:00    –    20:00                                                                                            On-site Registration

    10:00  –    11:30                                                                                         Opening Ceremony

                                                                                                                                 Nusa Indah Hall

                                                                             Governor of Bali Province, Mr. Dewa Berata

                                                                               Governor of Bank Indonesia, Mr. Boediono

                                                                                 President of Honduras, Mr. Manuel Zelaya

    Former President of Peru, Dr. Alejandro Toledo

    First Lady of South Africa, Mrs. Zanele Mbeki

                                          Director, Microcredit Summit Campaign, Mr. Sam Daley-Harris

                                          Managing Director, Grameen Bank , Prof. Muhammad Yunus

                      Inauguration of Mrs. Ani Yudhoyono as the Patroness of Indonesian Microfinance

                        President of the Republic of Indonesia, Mr. Susilo Bambang Yudhoyono

    11:30 –    12:00                                                                                                                     Break

    12:00 –    13:45                                                                                                   Plenary Session                       

    Ø        Expanding Commercialization Responsibly: Reflecting on the Compartamos IPO

                                                                                                                                 Nusa Indah Hall

    Panelist | Mr. Damian  von Stauffenberg, Founder, MicroRate, Germany

    Panelist | Mr. Chuck  Waterfield, CEO, MFI Solutions, LLCUnited States

    Panelist | Prof. Muhammad  Yunus, Managing Director, Grameen Bank, Bangladesh

    13:45 –    15:15                                                                                                                    Lunch

    15:15 –    17:00                                                                                             Workshop Sessions

    1.                  The Future of Microfinance: Visioning the Who, What, When, Where, Why, and How of Microfinance Expansion Over the Next 10 Years

                                                                                    Medan (Geneva) Room

    Chair | Mr. Lawrence  Yanovitch, Senior Program Officer, Financial Services for the Poor, Global Development, Bill and Melinda Gates Foundation, United States

    Panelist | Mr. Prakash  Bakshi, Chief General Manager, Department of Cooperative Reforms and Revival (DCRR), National Bank for Agriculture and Rural Development, India

    Panelist | Mr. Syed M Hashemi, Senior Microfinance Specialist, The World Bank-CGAP, United States

    Panelist | Mr. Shankar Man Shrestha, Chief Executive Officer, Rural Microfinance Development Centre Ltd., Nepal

    Panelist | Prof. Muhammad  Yunus, Managing Director, Grameen Bank, Bangladesh

    2.                  Solving the Problems of Asian Urban Slums: Innovations with and beyond Microfinance

                                                                                                                                 Nusa Indah Hall

    Chair | Mr. Dipal Chandra Barua, Deputy Managing Director, Grameen Bank, Bangladesh

    Panelist | Mr. Ruben C. De Lara, Executive Director, TSPI Development Corporation, Philippines

    Panelist | Mr. Samit  Ghosh, Chief Executive Officer, UjjivanIndia

    Panelist | Ms. Ingrid  Munro, Executive Director, Jamii BoraKenya

    3.                  Transformation of Microfinance Operations from NGO to a Regulated MFI while Maintaining Social Mission

                                                                                                      Hibiscus Room

    Chair/Panelist | Mr. Sanjay  Sinha, Managing Director, Micro-Credit Ratings International Limited, India

    Panelist | Mr. Phan  Ho, Deputy Director General, National Bank of CambodiaCambodia

    Panelist | Mr. J.S.  Tomar, Managing Director, CASHPOR Micro CreditIndia

    4.                  Governance: Organizing, Developing, and Empowering the Board to Oversee the MFI

                                                                                                 Frangipani Room

    Chair | Mr. N.K.  Maini, Chief General Manager, Small Industries Development Bank of IndiaIndia

    Panelist | Mr. Gregory  Casagrande, Founder and Chairman, South Pacific Business Development FoundationWestern Samoa

    Panelist | Ms. Emmanuelle  Javoy, Managing Director, PlaNet Rating, PlaNet FinanceFrance

    Panelist | Ms. Rewa Shankar Misra, Senior Program Staff, Microfinance, Livelihoods and Markets, Coady International Institute, Canada

    Panelist | Ms. Jayshree  Vyas, Managing Director, Shri Mahila Sewa Sahakari Bank, Ltd., India

    5.                  Commercial Bank Participation in Microfinance: Options and Opportunities

                                                                                                    Jakarta Room B

    Chair | Mr. Annamalai  Ramanathan, Chief General Manager, Micro Credit Innovation Department (MCID), National Bank for Agriculture and Rural Development, India

    Panelist | Mr. Chandula  Abeywickrema, Network Chair, Banking with the Poor NetworkSri Lanka

    Panelist | Mr. Md. Abdul  Awal, Director, Credit and Development ForumBangladesh

    Panelist | Dr. Balkrishna  Kulkarni, Director, Grameen Trust India (Liaison of Grameen TrustBangladesh)India

    Panelist | Mr. Nick  O'Donohoe, Global Head of Research; Member of Management Committee, J.P. Morgan, United States

    6.                  The Floodgates are Open: Channeling the Flows of Funds for Microfinance Effectively

                                                                                                   Jakarta Room A

    Chair/Panelist | Ms. Maya  Chorengel, Managing Director, San Francisco, Unitus Equity Fund, United States

    Panelist | Ms. Manju Mary George, Vice President, Intellectual Capital Advisory Services Pvt. Ltd., India

    Panelist | Prof. S. M. Huzzatul Islam Latifee, Managing Director, Grameen TrustBangladesh

    Panelist | Mr. Mamun  Rashid, Managing Director and Citi Country Officer, CitiBangladesh

    Panelist | Ms. Roshaneh  Zafar, President, Kashf FoundationPakistan

    7.                  Innovations in Reducing Costs and Enhancing Productivity

                                                                                              Bougainville Room

    Chair | Mr. Amaresh  Kumar, Executive Director, National Bank for Agriculture and Rural Development, India

    Panelist | Ms. Sadaffe  Abid, Chief Executive Officer, Kashf FoundationPakistan

    Panelist | Ms. Anh-Tuyet  Dinh, Managing Director, Binh Minh Community Development Consulting Company, Vietnam

    Panelist | Mr. Md. Enamul  Haque, Executive Vice President, Association for Social Advancement, Bangladesh

    Panelist | Dr. L.H.  Manjunath, Executive Director, Shri Kshethra Dharmasthala Rural Development Project, India

    8.                  Challenges in Microfinance, both in Agriculture and in Areas with Low Population Density

                                                                                                         Orchid Room

    Chair/Panelist | Prof. Aziz  Akgul, CEO, Turkey Grameen Microcredit ProjectTurkey

    Panelist | Dr. Rashid  Bajwa, Chief Executive Officer, National Rural Support ProgrammePakistan

    Panelist | Mr. Meghraj  Gajurel, Senior Manager, Rural Microfinance Development Centre Ltd., Nepal

    Panelist | Ms. Luse  Kinivuwai, Network Chair, Microfinance Pasifika NetworkFiji

    Panelist | Mr. Md. Abdus  Sobhan, Senior Principal Officer, Bangladesh Krishi Bank, Bangladesh

    17:00 –    17:15                                                                                                                     Break

    17:15 –    19:00                                                                                                   Plenary Session


    Ø        Building Financial Systems that Work for the Majority: Local Currency Borrowing, On-Lending Savings, Autonomous Credit Funds, and Appropriate Legal Framework

                                                                                                   Nusa Indah Hall

    Chair | Mr. Nimal  Fernando, Practice Leader (Microfinance), Asian Development Bank, Philippines

    Panelist | Mr. Fazle Hasan Abed, Chairperson, BRAC, Bangladesh

    Panelist | Mr. Dipal Chandra Barua, Deputy Managing Director, Grameen Bank, Bangladesh

    Panelist | Dr. Ishrat  Husain, Former Governor, State Bank of PakistanPakistan

    Panelist | Ms. Devaki  Muthukrishnan, Regional Director for Karnataka, Reserve Bank of IndiaIndia

    Panelist | Mr. S. Budi Rochadi, Deputy Governor, Bank IndonesiaIndonesia

    Tuesday, July 29

    9:00    –    10:45                                                                                                   Plenary Session

    Ø        Microfinance Development in Indonesia

                                                                                                 Nusantara Room

    Chair | Dr. Detlev Holloh, Program Advisor & Team Leader, GTZ-ProfiIndonesia

    Panelist | Mr. Bambang Ismawan, General Secretary, Indonesian Movement for Microfinance Development (Gema PKM Indonesia), Indonesia

    Panelist | Mr. B.S. Kusmuljono, Chaiman, National Comittee for Microfinance Empowerment (Komnas PKMI), Indonesia

    Panelist | Mr. Sulaiman Arif Arianto, Director of Micro, Small, and Medium Business, Bank Rakyat IndonesiaIndonesia

    Panelist | Mr. Sarwono Kusumaatmadja, Legislator, Indonesia

    10:45 –    11:15                                                                                                                     Break

    11:15 –    13:00                                                                                             Workshop Sessions

    9.                  Innovations in Information Technology for the Clients and the MFI

                                                                                                      Hibiscus Room

    Chair | Ms. Delphine  Thizy, Regional Director for South Asia, PlaNet FinanceFrance

    Panelist | Mr. Alexander  Bloch, Associate Partner, IBM Global Business ServicesInternational Business MachinesUnited States

    Panelist | Ms. Aishwarya Lakshmi Ratan, Associate Researcher, Technology for Emerging Markets, Microsoft Research IndiaIndia

    Panelist | Mr. Otgochuluu Chuluuntseren, Research Unit Manager, XacBankMongolia

    10.             Five Cents a Day: Innovative Programs for Reaching the Destitute with Microgrants, No-Interest Loans, and Other Instruments

                                                                                                                Jakarta B

    Chair/Panelist | Mr. Syed M Hashemi, Senior Microfinance Specialist, The World Bank-CGAP, United States

    Panelist | Mr. Chandra Shekhar Ghosh, Executive Director, BandhanIndia

    Panelist | Mr. Tamim  Islam, Assistant General Manager, Grameen TrustBangladesh

    Panelist | Ms. Ingrid  Munro, Executive Director, Jamii BoraKenya

    Panelist | Ms. Rabeya  Yasmin, Program Head, Ultra Poor Programs, BRAC, Bangladesh

    11.             Effective Micro-Insurance and Micro-Health Insurance Programs to Reduce Vulnerability

                                                                                                 Frangipani Room

    Chair/Panelist | Mr. Minh Huy Lai, Chief Operating Officer, PlaNet FinanceFrance

    Panelist | Mr. Felix William H. Martirez, Country Manager, MicroInsurance AgencyPhilippines

    Panelist | Mr. Md. Atiqun  Nabi, Executive Director, INAFI AsiaBangladesh, International Network of Alternative Financial Institutions, Senegal

    Panelist | Ms. Shilpa  Pandya, Coordinator, VIMO, Shri Mahila Sewa Sahakari Bank, Ltd., India

    Panelist | Mr. Kumar  Shailabh, Chief Operating Officer, Uplift IndiaIndia

    12.             Microfinance and Gender: Benefits and Challenges of Targeting Women

                                                                                                                               Nusantara Room

    Chair/Panelist | Dr. Nandini  Azad, Member Secretary, Independent Commission for People's Rights and Development, India

    Panelist | Ms. Sadaffe  Abid, Chief Executive Officer, Kashf FoundationPakistan

    Panelist | Ms. Aniceta R. Alip, Research Director, Center for Agriculture and Rural Development Mutually Reinforcing Institutions, Philippines

    Panelist | Mrs. Van  Cao Thi Hong, Head of Family and Social Welfare Dept., TYM Fund (Tao Yeu May Fund), Vietnam Women's UnionVietnam

    Panelist | Dr. Joy  Deshmukh-Ranadive, Director, Indian School of Microfinance for WomenIndia

    Panelist | Dr. Linda  Mayoux, Consultant, Oxfam NovibUnited Kingdom

    13.             Microfinance, Their Clients and Clean Energy: Making a Positive Impact on the Environment

                                                                                                   Jakarta Room A

    Chair | Mrs. Elizabeth A. Israel, President, Green Microfinance, United States

    Panelist | Mr. Chitta Ranjan  Chaki, Deputy General Manager, Grameen ShaktiBangladesh

    Panelist | Ms. Kathleen  Robbins, Director of Clean Energy, Green Microfinance, United States

    Panelist | Mr. Kadambelil Paul Thomas, Executive Director, Evangelical Social Action ForumIndia

    Panelist | Mr. Craig  Wilson, Executive Director, Foundation for Development Cooperation, Australia

    14.             Using Research Findings to Improve Design of Products and Services

                                                                                              Bougainville Room

    Chair | Mr. Zahirul  Alam, Executive Director, Integrated Development FoundationBangladesh

    Panelist | Ms. Annie Clara Duflo, Research Coordinator, Institute for Financial Management and ResearchIndia

    Panelist | Ms. Tomoko  Harigaya, Country Director, Philippines, Innovations for Poverty Action, United States

    Panelist | Mrs. Frances  Sinha, Managing Director, EDA Rural Systems, India

    15.             Good Practices in Business Development Services: How Do We Enhance Entrepreneurial Skills of MFI Clients?

                                                                                                                                       Orchid Room

    Chair | Dr. Filemon A. Uriarte, Jr., Executive Director, ASEAN FoundationIndonesia

    Panelist | Mr. Sean  DeWitt, Technical Program Manager, Grameen Technology CenterGrameen FoundationUnited States

    Panelist | Mr. Amitabha  Sadangi, Chief Executive Officer, International Development Enterprises IndiaIndia

    Panelist | Ms. Perveen  Shaikh, President, Entrepreneurship and Community Development Institute, Pakistan

    16.             Microfinance Investment Funds: What is the Role for Foreign Direct Investors and Are We Measuring both Financial and Social Performance?

                                                                                                                  Medan (Geneva) Room

    Chair | Mr. Alex  Counts, President & CEO, Grameen FoundationUnited States

    Panelist | Ms. Julie  Cheng, Senior Investment Analyst, BlueOrchard FinanceSwitzerland

    Panelist | Mr. Musuku Udaia  Kumar, Managing Director, Share Microfin Limited, India

    Panelist | Mr. Kyle  Salyer, Executive Vice President, MicroCredit Enterprises, United States

    Panelist | Mr. Eric  Savage, Managing Director, Asian Capital Markets, UNITUS, Global Catalyst for Microfinance, United States

    Panelist | Mr. Michael  Van Den Berg, Investment Officer, Triple Jump B.V., Netherlands

    13:00 –    14:30                                                                                                                    Lunch

    14:30 –    16:15                                                                                                   Plenary Session

    Ø        Factors that Contribute to Exponential Growth: Case Studies for Rapid but Sustainable Outreach to the Poor and Poorest

                                                                                                                               Nusantara Room

    Chair | Mr. Rajender Mohan  Malla, Chairman cum Managing Director (CMD), Small Industries Development Bank of IndiaIndia

    Panelist | Mr. Md. Shafiqual Haque Choudhury, President, Association for Social Advancement, Bangladesh

    Panelist | Mr. Alex  Counts, President & CEO, Grameen FoundationUnited States

    Panelist | Mr. Amaresh  Kumar, Executive Director, National Bank for Agriculture and Rural Development, India

    Panelist | Ms. Roshaneh  Zafar, President, Kashf FoundationPakistan

    16:15 –    16:45                                                                                                                     Break

    16:45 –    18:15                                                                                               Council Meetings

    Ø        Practitioners & Non-Governmental Organizations

                                                                                    Medan (Geneva) Room

    Chair | Ms. Jayshree  Vyas, Managing Director, Shri Mahila Sewa Sahakari Bank, Ltd., India

    Panelist | Mr. Fazle Hasan Abed, Chairperson, BRAC, Bangladesh

    Ø        Parliamentarians, Advocates, Educational Institutions, Service Clubs, Religious Institutions & Individual Supporters

                                                                                                      Hibiscus Room

    Chair | Prof. Aziz  Akgul, CEO, Turkey Grameen Microcredit ProjectTurkey

    Panelist | Mr. Darren  Miao, Microfinance Partnerships Manager, East Asia Pacific, Kiva MicroFunds, United States

    Panelist | Mr. Mathew  Titus, Executive Director, Sa-DhanIndia

    Ø        Domestic Government Agencies, UN Agencies, International Financial Institutions & Donor Agencies

                                                                                                 Frangipani Room

    Chair | Mr. Kamal  Hyat, Chief Executive Officer/Managing Director, Pakistan Poverty Alleviation Fund, Pakistan

    Panelist | Mr. Mosharraf Hossain Khan, Deputy Managing Director, Palli Karma Sahayak FoundationBangladesh

    Panelist | Representative To Be Determined, National Bank for Agriculture and Rural Development, India

    Ø        Corporations, Banks, Commercial Finance Institutions, Foundations & Philanthropists

                                                                                                                                       Orchid Room           

    Chair | Mr. Ed Bland, Chief Operating Officer, UNITUS, Global Catalyst for Microfinance, United States

    Panelist | Mr. Mamun  Rashid, Managing Director and Citi Country Officer, CitiBangladesh

    18:15 –    18:30                                                                                                                     Break

    18:30 –    19:30                                                                                           Associated Sessions

    What is gender mainstreaming? Participatory debate (Oxfam Novib WEMAN)

    Geneva (Medan) Room

    Frances Sinha, EDA Rural Systems Ltd India

    Namrata Sharma, Consultant  Oxfam NovibIndia

    Shazreh Hussain, Consultant Oxfam NovibPakistan

    Joy Desmukh Ranadive, ISMW, India

    Sejal Dand, ANANDI, India

    Linda Mayoux, Consultant Oxfam NovibUK

    Financing Clean Energy: A Case Study (Green Microfinance)

    Jakarta Room A

    Elizabeth Israel, President, GreenMicrofinance, USA

    Paul Thomas, Executive Director, Evangelical Social Action Forum (ESAF), India

    GreenMicrofinance and ESAF Staff and Team Members

    Technology Innovations in Microfinance (Cranes Software)

    Jakarta Room B

    Mr. Asif Mohamed, Head – Banking and Financial Services Practice, Cranes Software International, Ltd., India

    Finding the "Sweet Spot": Balancing Growth and Mission (Unitus)

    Frangipani Room

    Catherine Shaw, Director, Functional Consulting, UnitusUSA

    Samit Ghosh, Chief Executive Officer, UjjivanIndia

    Paul Luchtenberg, Chief Executive Officer, AMKCambodia  

    Elizabeth Downs, Communications Manager, MIXUSA

    Grameen Global Network: Experience Sharing and Programs Update (Grameen Trust)

    Bougainville Room

    Chair | Nobel Peace Prize Laureate, Professor Muhammad Yunus

    Professor S.M. Huzzatul Islam Latifee, Managing Director, Grameen TrustBangladesh

    Prof. Aziz Akgul, CEO, Turkish Grameen Microcredit ProjectTurkey

    Ms. Marie Valdez, Grameen FoundationUSA

    Dr. Harihar Dev Pant, CEO, Nirdhan Utthan Bank Limited (NUBL), Nepal

    Mr. Shankar Man Shrestha, Chief Executive Officer, Rural Microfinance Development Centre, Ltd, Nepal

    Dr. Balkrishna Kulkarni, Director, Grameen Trust India (Liasison Office of Grameen Trust Bangladesh), India

    Reducing Cost of Capital through Capital Market Structures (Grameen Capital India)

    Orchid Room

    Royston Braganza, CEO, Grameen Capital IndiaIndia

    Chandni Ohri, Regional Coordinator for South Asia, Grameen Foundation USA, United States

    Simone Balch, Vice President, Developing World Markets, United States

    Other speakers from among the delegates may be invited to share experiences

    The “Gender Based Violence Intervention Product” in Microfinance (ICPRD)

    Hibiscus Room

    Dr. Nandini Azad, Member-Secretary, The Independent Commission for People’s Rights and Development (ICPRD), India

    Dr. Tanya Caulfield, Family and Community Development Committee, Parliament of VictoriaAustralia

    19:30 – 21:30                                                                      Village Phone Indonesia Launch

    Nusa Indah Hall

    Hosted by Grameen Foundation, Qualcomm, and Bakrie Telecom. 

    All delegates are invited to join this reception.

    Wednesday, July 30

    9:00    –    10:45                                                                                                   Plenary Session

    Ø        Assessing Movement across the $1/Day Threshold through Analysis of Pre-Existing Baseline Data or Expanded Use of Cost-Effective Poverty Measurement Tools

                                                                                                 Nusantara Room

    Chair | Dr. Sajjad  Zohir, Member, Economic Research Group, Bangladesh

    Panelist | Dr. Baqui  Khalily, Executive Director, Institute of MicrofinanceBangladesh

    Panelist | Dr. Mark  Schreiner, Director, Microfinance Risk Management, LLC, United States

    Panelist | Mrs. Frances  Sinha, Managing Director, EDA Rural Systems, India

    10:45 –    11:00                                                                                                                     Break

    11:00 –    12:45                                                                                             Workshop Sessions

    17.             Overcoming Regulatory and Legal Constraints to Savings Mobilization

                                                                                                    Jakarta Room B

    Chair | Mr. Nimal  Fernando, Practice Leader (Microfinance), Asian Development Bank, Philippines

    Panelist | Mr. Christian  De Noose, Managing Director, World Savings Banks Institute, Belgium

    Panelist | Mr. Keshava  Koirala, Team Leader, Centre for International Studies and Cooperation, NepalNepal

    Panelist | Prof. S. M. Huzzatul Islam Latifee, Managing Director, Grameen TrustBangladesh

    Panelist | Dr. Prahlad  Thapa, Economic Development Coordinator, Sahakarya Project, Centre for International Studies and Cooperation, NepalNepal

    Panelist | Mr. Mathew  Titus, Executive Director, Sa-DhanIndia

    18.             Microcredit in Post Conflict/Conflict, Natural Disaster, and Other Difficult Settings

                                                                                                      Hibiscus Room

    Chair | Mr. Kamal  Hyat, Chief Executive Officer/Managing Director, Pakistan Poverty Alleviation Fund, Pakistan

    Panelist | Mr. Emil  Anthony, Deputy Managing Director & Director Banking, Sarvodaya Economic Enterprises Development Services, Sri Lanka

    Panelist | Mr. Fahmid Karim Bhuiya, Technical Advisor (Country Representative), Pact Myanmar MicrofinanceMyanmar

    Panelist | Ms. Bhagbati  Chaudhary, Executive Chief, Forum for Rural Women Ardency Development, Nepal

    Panelist | Mr. Gunendu  Roy, Country Program Coordinator, BRAC AfghanistanAfghanistan

    19.             Integrating Microfinance with Health Education and Addressing HIV/AIDS

                                                                                                                                 Jakarta Room A

    Chair/Panelist | Dr. D.S.K.  Rao, Asia Organizer, Microcredit Summit CampaignUnited States

    Panelist | Ms. Aniceta R. Alip, Research Director, Center for Agriculture and Rural Development Mutually Reinforcing Institutions, Philippines

    Panelist | Mr. Alay Kumar Barah, CEO, Reach IndiaIndia

    Panelist | Mr. Tuot  Sovannary, Research Coordinator, Khmer HIV/AIDS NGO AllianceCambodia

    Panelist | Mr. B.V.  Subba Reddy, Communications Officer, Hindustan Latex Family Planning Promotion TrustIndia

    20.             Remittances: What Are the Challenges and Opportunities?

                                                                                                 Frangipani Room

    Chair | Dr. Mihir Kumar Roy, Project Director, Small Farmers Development ProgrammeBangladesh

    Panelist | Mr. Mosleh U. Ahmed, International Market Research Specialist, Migrants Remittance Research CentreUnited Kingdom

    Panelist | Dr. Dipo  Alam, Secretary General, Developing-8 Organization for Economic Cooperation, Turkey

    Panelist | Dr. Jaime Aristotle B. Alip, Managing Director, Center for Agriculture and Rural Development Mutually Reinforcing Institutions, Philippines

    Panelist | Mr. Ramchandra  Joshee, Executive Director, Chhimek Bikas Bank Ltd., Nepal

    21.             Baseline Data and Measurement Tools: A Deeper Discussion of Assessing Movement across the $1/Day Threshold

                                                                                              Bougainville Room

    Chair | Dr. Atiur  Rahman, Chairman, Credit and Development ForumBangladesh

    Panelist | Mr. Md. Mustafa  Kamal, Director, Research and Documentation, Association for Social Advancement, Bangladesh

    Panelist | Dr. Mark  Schreiner, Director, Microfinance Risk Management, LLC, United States

    22.             Microfinance Practice in Indonesia

                                                                                                                  Medan (Geneva) Room

    Chair | Dr. Sulikanti Agusni, Assistant Deputy of Economic Affairs, Ministry of Women Empowerment, Indonesia

    Panelist | Mr. I Ketut Nurcahya, Chairman, GTZ-Profi Denpasar, Indonesia

    Panelist | Mr. Aries Muftie, Chairman, BMT Association, Indonesia

    Panelist | Mr. M. Ramzi Zuhdi, Director of BPR Syariah Supervision, Bank IndonesiaIndonesia

    23.             How MFIs Can Best Work in Competitive, Saturated Environments

                                                                                                                               Nusantara Room

    Chair | Mr. Rakesh  Rewari, Deputy Managing Director, Small Industries Development Bank of IndiaIndia

    Panelist | Ms. Nurjahan  Begum, General Manager, Grameen Bank, Bangladesh

    Panelist | Mr. Mosharraf Hossain Khan, Deputy Managing Director, Palli Karma Sahayak FoundationBangladesh

    Panelist | Mr. Musuku Udaia  Kumar, Managing Director, Share Microfin Limited, India

    Panelist | Ms. Padmaja  Reddy, Managing Director, Spandana Sphoorty Innovative Financial Services Limited, India


    24.             Making Microfinance Matter for Clients and Their Families: Ensuring a Social Performance Bottom Line in the Industry

                                                                                                         Orchid Room

    Chair | Mr. Syed M Hashemi, Senior Microfinance Specialist, The World Bank-CGAP, United States

    Panelist | Mr. Nigel  Biggar, Manager Social Performance, Grameen FoundationUnited States

    Panelist | Mr. Paul  Luchtenburg, CEO, Angkor Mikroheranhvatho (Kampuchea) Co., Ltd.Cambodia

    Panelist | Mr. Sanjay  Sinha, Managing Director, Micro-Credit Ratings International Limited, India

    12:45 –    14:00                                                                                                                    Lunch

    14:00 –    15:45                                                                                         Plenary (IAP) Session

    Ø        Institutional Action Plan Plenary Session

                                                                                                 Nusantara Room

    Chair | Dr. Quazi Mesbahuddin Ahmed, Managing Director, Palli Karma Sahayak FoundationBangladesh

    Panelist | Dr. Jaime Aristotle B. Alip, Managing Director, Center for Agriculture and Rural Development Mutually Reinforcing Institutions, Philippines

    Panelist | Ms. Padmaja  Reddy, Managing Director, Spandana Sphoorty Innovative Financial Services Limited, India

    15:45 –    16:00                                                                                                                     Break

    16:00  -    17:00                                                                                           Associated Sessions

    Microfinance Plus: Using Networks to Innovate at the Bottom of the Pyramid (Microfinance Insights & Intellecap)

    Jakarta Room A

    Ms. Lindsay Clinton, Managing Editor, Microfinance Insights, India

    Ms. Manju Mary George, Vice President, Intellecap, India

    Ms. Kathleen Robbins, Director of Clean Energy, Green Microfinance, US

    Mr. Abdul Hai Khan, General Manager, Grameen Trust, India

    Mr. Chitta Ranjan Chaki, Deputy General Manager, Grameen Shakti, Bangladesh

    Other speakers from among the delegates may be invited to share experiences.

    Kiva: Mitigating Risk for MFIs via the Internet (Kiva)

    Jakarta Room B

    Darren Miao – Microfinance Partnership Manager – East Asia & South Pacific, KivaUSA

    Rico Munoz – Partnership Development Specialist – East Asia & South Pacific, KivaPhilippines

    How Transparency and Information Services Support Microfinance in Asia (MIX & ADB)

    Hibiscus Room

    Mr. Scott Gaul, Product Development Manager, MIXUSA

    Mr. Syed Mohsin Ahmed, CEO, Pakistan Microfinance NetworkPakistan

    Mr. Stefan Handoyo, Senior Economist, MICRA, Indonesia

    Mr. Nimal Fernando, Practice Leader Microfinance, Asian Development Bank, Philippines

    Community Based Organizations (CBOs) – An Alternative Innovative Self-help Micro finance Approach in Bangladesh (CDF)

    Orchid Room

    Chair  |  Prof. Dr. Atiur Rahman, Chairman, CDF, Bangladesh

    Panelist  |  Kazi Md. Shafiqur Rahman, Managing Director, Mutual Trust Bank Ltd., Bangladesh

    Panelist  |  Mr. Achyut Aryal, Micro finance Advisor, Concern Worldwide, Bangladesh

    Panelist  |  M. Farid Uddin Executive Director, CDF, Bangladesh, AKM Nurul Islam, Project Director, CDF, Bangladesh

    Housing Finance for Low Income Population  (Habitat for Humanity International)

    Frangipani Room

    David Fina, Program Director, Habitat for Humanity, Indonesia

    Rajan Samuel, Manager, Housing Finance, Asia Pacific Region, Habitat for Humanity International, Singapore

    The Social Mission of Microfinance: Some Ethical Questions (MicroNed)

    Bougainville Room

    Chair | Resi Janssen, Executive Secretary, MicroNed, Netherlands

    Panelist | Mr. Herman Abels, Independent ConsultantNetherlands

    17:00 –    19:15                                                                                                                     Break

    19:15 –    21:30                                                                                                    Closing Dinner

                                                                                                                               Nusantara Room

                                          Managing Director, Grameen Bank , Prof. Muhammad Yunus

                                          Director, Microcredit Summit Campaign, Mr. Sam Daley-Harris

    Thursday, July 31 (Post-Summit)

    9:00    –    12:00                                                                                          Day-Long Courses**

    Ø        Learning to Cost-Effectively Assess and Manage Social Performance in Microfinance

    Course Leader | Mrs. Frances  Sinha, Managing Director, EDA Rural Systems, India

    Ø        Learning to Sustainably Integrate Microfinance and Education in Child Survival, Reproductive Health, and HIV/AIDS Prevention for the Poorest Entrepreneurs

    Course Leader | Dr. D.S.K.  Rao, Asia Organizer, Microcredit Summit CampaignUnited States

    Course Leader | Mr. Jeff Blythe, Director of Research and Administration, Microcredit Summit CampaignUnited States

    Ø        Establishing an Appropriate Legal and Regulatory Environment for Microfinance Institutions Including One that Allows for Collection and Onlending of Savings

    Course Leader | Ms. Kate Druschel, Regional Coordinator, East and Southeast AsiaGrameen FoundationUnited States

    Ø        Introduction to Using the New Poverty Measurement Tools that Measure $1 a day Poverty

    Course Leader | Mr. Jeff  Toohig, Social Performance, Grameen FoundationUnited States

    Course Leader | Mr. Rob Driscoll, Program Manager, Microcredit Summit CampaignUnited States

    12:00 –    13:30                                                                                                                    Lunch

    13:30 –    17:00                                                                           Day-Long Courses Continue

    ** This event requires additional registration and costs..

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    tv affiliates: - nominate 200 trusted collaboration entrepreneurs; -SBE stockmarket is possible?;; Satyagraha


    Please note: our editors loves to hear of nominations for other individuals who merit being in the same hall of change fame and potential WCBN support as those above

    Other curiosities: : google ad


    There are 4 future history endings to the 21st C. As my daughter is 9 year old: I find the first three of these compound futures utterly unacceptable and invite you to mail me at if you do too:

    Dinosaur: means the whole human species will be as dead as the dodo. Tell us who's "death of birth" story interests you most. I'm a fan of Chairman Ray Anderson, and this video. In it, he explains not only how all corporations -as key systems in  productive and demanding networks of human relationships - can help humanity prevent the "dinosaur ending" but also how those corporations who value human life will compound the most profits too. It's a myth that sustainability business investments don't do well by doing good. But what is required is consistent investment through time as all entreprenurial and economic systems are intended be, not exercises in how much can you reap or rape from the world every last quarter. All the true economists have mapped how healthy societies beget strong economies, NOT  vice versa.

    Shark: means that there will be a world of less than a billion people, most enslaved to the greediest and nastiest men. It is not for nothing that the Spectre villains in James Bond films kept pet sharks. Sharks sense how to make a human or financial killing at many miles - they literally are the best at smelling blood as well as having  blood-thirsty greeds. I am by no means claiming that most large organisational boardrooms are populated by sharks. But as a mathematician and investigator of Unseen Wealth research I am weary of hearing over 20 years of protests that we are ignorant of the system law : if  leadership only optimises how much money speculators take out from the last quarter's spreadsheet,  the organisation's  purpose will be full of holes than a pantomime dame's leaking bucket. Worse over time what you exclude from governing a system is what you compound the destruction of. That's why any boardroom who does not want to see its business case transparently audited for sustainability henceforth swims with the sharks or is blinded by butterflies.

    Butterflies tell the wrong stories about system or network models of how to map the whole before getting boxed into parts. Butterflies making system patterns sound complex or chaotic beyond human wit. Inconveniently, this gives the manager the perfect excuse to say that sytsem transformation cannot be succesful.  Their end consequence is also likely to end with less than a million beings living, but this time survivors wll all be back in the cave age.  As the world gets more interconnected, what we need to map is exactly how do get interconnected in each other's most vital compound risks or joys. We do need to prevent the next HIV from spreading virally beyond early cases especially if it is transmitted by contagious birds. Grassroots in frastructures needed little more than a primitive mobile telephone network around Tsunami coastlines to prevent deaths of thos who were 5 hours away from the wave even if those nearest the wave's origin could not have ben alerted. We need to reduce online degrees of separation to zero when the information to be passed through us humans is life critical in its flows. Conversely, there are many types of active learning that multiply value in use instead of gettin g consumed up the way in dustrial things always were. The two great untruths told by the butterfly brigade:

    1) that there is one primary way of thinking or doing systems- by definition systemic approaches interface and integrate around molecular subsystems; one simple consequence of this organsiationally is a lot more interdisciplinary flows are needed for the  service economy  organsiational system to wholly empower trust and other entrepreneurial energies

    2) that my life -or yours - will be impacted on the other side of the world by a butterfly flapping its wing. This ludicrous insult to logic should not however lead anyone to believe that we can lose all the world's rainforests and expect climate equilibrium to be sustained.

    Lion-Child - and I would delight in hearing of other identifications, since this is the truly important story of the four and merits every type of cross-cultural rendering you all can imagine - is about the collaboration characters we will need to flourish if 6+ billion humans are to thrive. Quite a simple thing to achieve if we are as truly curious as a child, as courageous as a lioness in protecting her young, and cherish the pride in community wellbeing as much as lions do.


    Ideas for 24 Goals for the 24 Days PowWow on will humanity invest in Sustainability in Time

    I gather that some goals gave already been decided. Numbers do not denote order:
    Activity Goals
    G1 Plant 24 intercity hubs around the world using Islington hub and espian plex tools as  strawman infrastructure for local adaptation
    G2 Demand that London's Mayor etc open up sufficient spaces in public building for 90 day summer debate of sustainability issues
    G3 Develop a map of all hubs and learning houses - ie to include the 24 homegrown ones, and others out there eg Brazil has at least two
    London has the house  
    G4 Get the 24 hubs to start editing their own crisis learning travel guide that Sofia is producing 2007 version of which incidentally will include a start up map of hubs; other contents in this include Harrison Owen Open Space for children; Gandhi family debriefings from the world's largest school and 1 million oneworld alumni; challenges of starting up CIDA's free university
    G5 How can we go beyond the learning guide to a meeting  format trialled by London and for replication in any city Learning500 (see mail of sat feb 3 addendum Sunita Gandhi)
    G6 invite 24 days participants to nominate 15 entries of book of the 200 most trusted collaboration entrepreneurs of 2008 , with particular foci on the 7 sustainability crises which become irreversible if they're not turning round by 2012 see pic attached
    G7 The top 4 outcome crises in the picture are a direct match with Larry Brilliant’s 4 main goals for progressing the work of - how do we establish b ridges with that - he states these goals at this video minute 14
    G8 How do we mobilise all new economists and sustainability investors around the empowerment development economics revolution Sir Nick Stern is leading which from May will be out of the London School of Economics- what London student networks already exist to interact positively with Sir Nick; how can we unite oxbridge and Indian alumni too (since eg Sir Nick's curricula is parallel to that Manmohan Singh has been pioneering since his Cambridge days in the 1950s and blends with the Entrepreneurial Revolution trilogy of my father). How do we ensure that the debate on how to spend 1% of economies to save 20% does not get greenwashed by all the old vested interests; the worst scenario being that the 1% is wholly wasted while an image of saving the climate lulls us into false security
    G9 How could we outline the definitive entrepreneurial, peace network (open systems , biomass) curricula that all new age universities and serve the world alumni need (eg blend this with the Sir Richard Branson entrepreneur school at Cida, the India alumni of city Montessori etc)    
    G10 How do we popularise the 4 end states of sustainability - eg Dinosaur (death of birth), Shark (1 million enslaved by a few James Bond Spectre Villains), Butterfly probably 1 million cavemen through  telling system stories the wrong way (I'll never be impacted by a butterfly's wing but could from nuclear wave or terror wave or birdflu or Greenland unhinging) , LionChild (or whatever is your identity) of 6+ billion people collaborating around a higher order system of sustainability which fairly integrates every locality into globalisation. How do we own the vocabulary so that these 4 identities become part of worldwide chat.
    G11 How do we identify journalist for humanity who care about at least one of the 7 above crises as reaching irreversibility by 2012 if we don’t fix them now
    G12 How do we start developing supporters clubs around collaboration entrepreneurs connecting eg all the best ideas that Yunus is using - - a British pop-spokesgroup for Grameen; the microcreditsummit as one of the top 10 world citizen meeting formats; the extension of microcredit as the perfect concept to clean up the banking market into other concepts designed to partner trillion dollar global markets until they stop externalising destruction of each market's deepest human purpose (see trillion dollar audit game - left an early copy with you, otherwise it will emerge at and is backed up by the earlier book Alan was writing with me)