ANTHR310 Lecture Notes - Lecture 22: Microcredit, Informal Sector, Muhammad Yunus

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Microcredit is one of the most lauded development programs. It"s fou(cid:374)der, muha(cid:373)(cid:373)ad yu(cid:374)us, started the progra(cid:373) i(cid:374) ba(cid:374)gladesh i(cid:374) 19(cid:1011)(cid:1010) a(cid:374)d (cid:449)o(cid:374) the. Provides small loans, almost always women, ideally to the poorest. It"s the perfe(cid:272)t (cid:894)(cid:374)eo(cid:895)li(cid:271)eral progra(cid:373: solves poverty through teaching personal. (cid:862)a ha(cid:374)d up, (cid:374)ot a ha(cid:374)d do(cid:449)(cid:374)(cid:863) Many loans get used for tvs, weddings, and home improvements. In bangladesh, research shows, men appropriate up to 95% of microloans: microcredit ngps continue to lend even if they know this, because they want to collect interest. This may sound liberating, but remember what hooks said about many women of color working to survive and wishing they could be at home. But in any case, some women may become more influential. Ho(cid:449) do i(cid:374)di(cid:448)iduals relate to larger (cid:862)structures(cid:863) a(cid:374)d (cid:862)regi(cid:373)es(cid:863) of po(cid:449)er: levi- trauss: (cid:862)your (cid:272)hoi(cid:272)es a(cid:374)d individuality are an illusion every individual thought (cid:455)ou ha(cid:448)e is the result of stru(cid:272)tures(cid:863) Can individuals act independently of larger totalities.

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