Simplicity

I remember a television clip about Mahatma Gandhi which went on the lines of “The hallmark of this man was his simplicity”.

When I read about Dr.Yunus of Bangladesh winning the Nobel Peace Prize what struck me was the simplicity of his idea and the the huge difference it made to millions. Here’s a clip from the NY Times on what he did.

Traditional banks considered such people too risky to lend to, and the amounts they needed too small to bother with. Dr. Yunus’s simple but revolutionary idea was that the poor could be as creditworthy as the rich, if the rules of lending were tailored to their circumstances and were founded on principles of trust rather than financial capacity. He found that they could achieve lasting improvements to their living standards with a little bit of capital.

Suffice to say that path breaking ideas can be so damn simple.

Advertisements

4 Responses to “Simplicity”

  1. Anil Says:

    Yeah, I remember the ad. The visual was great because of its simplicity too.

    0? (Try rendering that :-))

    Well, You should see the speed at which micro-credit / Micro finanacing catching up. It is the flavour of the month for many a aspiring financial whizkids

  2. Anil Says:

    This is what should have been rendered, if this guy was really smart
    ()

  3. Anil Says:

    OK another try
    {}

  4. Anil Says:

    Well..

    Question mark in big font

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: