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Small Loans Big Impact - Mali

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January 2007 Microfinance schemes, which offer development loans to the poor, have enabled millions to turn their lives around. We report on how they've helped one village in Mali. Eight years ago, development workers arrived at the remote village of Yebe. "They didn't give us any money but they explained how to build up a co-operative bank", states the village elder. With a loan of only 30 euros, Mama Coulibaly was able to buy a sack of corn which she sold at a profit. "I was able to pay back the money very quickly and I got another loan. My business developed in this way". Today she runs a small shop and is the only person in her village to have a television. As another villager sates; "This bank has opened up opportunities for us which were unthinkable eight years ago".

Channel: Pets & Animals
Uploaded: November 30, 1999 at 12:00 am
Author: journeymanpictures

Length: 29:07
Rating: 5.00
Views: 1524

Tags: -  banks  Big  Impact  Loans  Mali  money  Small  

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Video Comments

soloerc (November 30, 1999 at 12:00 am)
How stupid you must be , not to understand that the person who made this documentary does not leave in a village , but wants to help by letting the world know . This video would have been better if you could have put subtitles instead of translating while they are talking . But good job overall .
davidbavid1 (November 30, 1999 at 12:00 am)
Great video! Just a tip, you can learn how to flip foreclosure and pre-foreclosure at -- MyForeclosureTips( dot )com --. Make sure to you remove the spaces and parenthesis.
locologan187 (November 30, 1999 at 12:00 am)
wtf, how can these ppl post videos that are 30 minutes long?
angetsinforyou (November 30, 1999 at 12:00 am)
PLEASE DONT READ THIS! In 1997 a girl called lauren was walikng in a forest and then a she just dissapeared no one ever found her untill 2000 when a yoing girl called Mary found her body and markings on her chest saying: I wasnt pretty enough" and now you have read this she will appear in your mirror saying your not pretty enough and kill you. by the way the girl called mary died shortly after. To be saved paste this to 5 other videos. THIS IS TRUE

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