But he said that this was not the voice of the woman but the voice of fear and if worked upon patiently, these fears can be removed. Again at this point, he faced a struggle of mindset because women themselves were scared and unwilling to take the money and use it to create something. He was also of the opinion that banking system was unjust because it excluded the poor and the women, so he decided to put his maximum focus on lending money to the women. He is of the opinion that during the entire process, all he did was to struggle against mindsets (Calit2ube, 2007). This was agreed upon and he kept growing this system. He then convinced them to allow him to be the guarantor and lend money to the poor. He then thought of an idea to go to a bank and ask them to lend that amount to the villagers, which blatantly refused to lend money to the poor people because they were not credit worthy. He did this initially as a onetime action and later wanted to expand this into a systematic system. So the basic idea he had in mind was to free the people from the money lenders. He thought that if he gives the mere amount of money to people from his own pocket, they can return that to the money lender and they will be free. He realized how entrenched the money lending system was in the roots and this led him to the solution that he came up with. He researched into how many people in the village actually went to these money lenders for money and found out how less they borrowed. He wanted to remove people from this frustration and agony and the one thing that caught his attention most was the ruthlessness of the money lenders in a small village. He was an economics teacher at that time and he felt terrible for not being able to use all that he teaches to help the people of his country. He explained how when Bangladesh was formed, it faced a lot of problems, economy was sliding down and famines struck too. In this video, he talks about how he came up with the idea of microfinance. Muhammad Yunus gave a speech about the microfinance revolution. Microcredit is one of the methods that Muhammad Yunus thought could help in the erosion of poverty from the world. This is especially true for the women in the society who deserve to get an equal opportunity to men to acquire the necessary finances to pursue their talents. He had the vision that every man, no matter how poor, has some talent within him that he can pursue for his own economic uplift. Order custom essay Muhammad Yunus and Grameen Bank
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