[Music] he is the most unlikely of combinations a revolutionary banker a man who has loaned billions of dollars to millions of poor people all of it without any collateral Stiggy the happening lands at mrs. Helen been examining room 70 Mohammad Yunus believes that credit is a basic human right more than half the population of the world do not qualify to take a loan from existing financial institutions so unless we can create that environment people cannot get on with their life a Grameen Bank Center is an organization which is made by few groups consisting of landless people every group consists of 5 members every week they meet with each other there are discussions and meetings at the center regarding loan repayments savings solutions to problems faced by members and acceptance of loan proposals we wanted to open the door of the banks to provide the financial service to the poorest people banks thought they're not creditworthy you can't lend money to the poor people they will never pay back so we started in a very humble way in one village lending money to few people in that village without any collateral without any guarantee without any lawyers involved in it and it worked and it makes us very excited and then we started expanding it and explaining it and we on the way we created Grameen Bank today we have nearly 8 million borrowers in Bangladesh in Grameen Bank 97% of them are women starting as a very destitute women now they change their life because gum in bank gives them the loan Grameen Bank lends out over 100 million dollars a month in tiny loans averaging about $220 and that money changes life Ayisha Begum's took loans amounting six thousand eight thousand ten thousand taka in second third and the fourth time respectively which helped her business grow rapidly Ayesha Begum's basic loan is currently 40 thousand taka and she also has a micro-enterprise loan of eighty thousand taka with the loan money she has increased the number of sewing machines in her business from one to three instead of just one now three people are employed at her workplace Yunus is loaning 20 dollars each to thousands of beggars but this time not only will no collateral be required there are no repayment plans either just like that first loan of 27 dollars he made to a small group of women many years ago every Center has 16 decisions for socio-economic improvement program which has played a vital role in improving and other members lives in her free time she take care of her papaya plants when I come to a village and talk to the women who joined from in Bank 15 years 20 years back not only you see their faces and what they wear how to live and most of all looking at the children the amazing children now they are in school little kids in fifth grade sixth grade colleges suddenly you become very optimistic and today they are moving out of poverty they are children at school Grameen Bank gives them education loans they go for higher education thousands and thousands of students are in higher education becoming doctors engineers and other professionals out of these illiterate families a mother Musha to develop he would to Manikpur jporten de Deus Dickinson para una de Bouree Bouree Grameen Bank Dario Eric border guru national dignity she currently Karen Donnelly Amara more poker photos she would chica deported as a sheet accomplished content owner Hippolyta he shot a lot of personnel at Madonna Grammy she cut in it small loans are used to start small businesses such as Matt weaving or preparing rice Orban leaves for market once alone has been repaved larger loans can be taken some of them for hundreds of dollars maybe tell my husband drives a baby taxi it costs 250,000 I want to buy a rickshaw for twenty to fifty thousand taka so all we have done just open the door for financial services and the bank Grameen Bank is owned by the borrowers the poor women they own the bank bank makes profit profit goes back to them as dividends