What made pre-digital grassroot Microcredit brilliant has seen the baton passed on to mobile women4epowerment as the greatest economic movement our human race has ever celebrated. Operationally microcredit 1.0 has failed to survive the digital revolution sustainably (except when tied to pockets of Yunus fame, or sustained one community at a time unlike the sacling Clinton decsribes in this video). Moreover its smart side was inconveniently misunderstood wherever big banking experts , students' professors or summit hosts didnt understand that womens community trust through health networking was integral precursor to exponential rising practices of microcredit village networking; meanwhile the empowerment of mobile 2.1 depends on newly interfacing operations that are virtual apart from the last mile
The good news is that the total bottom up banking systems of Bangladesh have been relentlessly integrated by brac from microcredit plus to brac bank to cashless banking bkash; that youth have been inspired to digitalise community banking circle apps (eg www.puddle.com ) and p2p networking; that yunus has demonstrated how the first gamechanging infrastructure of the mobile age is green energy for a billion off grid peoples; that worldwide soros, women4empowerent and MIT networks have mobilised what eg yunus isolated in Bangladesh could not sustain when opposed b all of Bangladesh's top-down government. However Yunus (see YunusOlympicsandNobelAtlanta ) remains youth world fairs greatest attraction - the antidote to corporates whose ad agency's greenwashing audits communications as all about image and addiction, nothing to do with sustaining future generations and celebrating livelihoods
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