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To Catch A Dollar
''To Catch a Dollar: Muhammad Yunus Banks on America'' is a 2010 documentary film directed and produced by Gayle Ferraro about the 2006 Nobel Peace Prize winner's ongoing campaign against poverty around the world. It touches on the beginnings of the original Grameen Bank in the 1970s, then focuses primarily on the beginnings of Grameen America's work in the US, especially the launch of its first programs in Queens, New York in 2008. The title of the film comes from a clip of Muhammed Yunus speaking in the film: "In a world where you need a dollar to catch a dollar, you need to have something to help the bottom people to lift themselves up." The film premiered at the 2010 Sundance Film Festival. It is expected to open in New York City and Los Angeles in early 2011 and then go into general release in the United States and abroad. Summary The film focuses on the work of Shah Newaz, a long time Grameen Bank manager, and Alethia Mendez, a Grameen America Center Manager, as they u ...
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Documentary Film
A documentary film or documentary is a non-fictional film, motion-picture intended to "document reality, primarily for the purposes of instruction, education or maintaining a Recorded history, historical record". Bill Nichols (film critic), Bill Nichols has characterized the documentary in terms of "a filmmaking practice, a cinematic tradition, and mode of audience reception [that remains] a practice without clear boundaries". Early documentary films, originally called "actuality films", lasted one minute or less. Over time, documentaries have evolved to become longer in length, and to include more categories. Some examples are Educational film, educational, observational and docufiction. Documentaries are very Informational listening, informative, and are often used within schools as a resource to teach various principles. Documentary filmmakers have a responsibility to be truthful to their vision of the world without intentionally misrepresenting a topic. Social media platfor ...
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Microcredit
:''This article is specific to small loans, often provided in a pooled manner. For direct payments to individuals for specific projects, see Micropatronage. For financial services to the poor, see Microfinance. For small payments, see Micropayment.'' Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically lack collateral, steady employment, or a verifiable credit history. It is designed to support entrepreneurship and alleviate poverty. Many recipients are illiterate, and therefore unable to complete paperwork required to get conventional loans. As of 2009 an estimated 74 million people held microloans that totaled US$38 billion. Grameen Bank reports that repayment success rates are between 95 and 98 percent. Microcredit is part of microfinance, which provides a wider range of financial services, especially savings accounts, to the poor. Modern microcredit is generally considered to have originated with the Grameen Bank founded in Ba ...
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American Documentary Films
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * ...
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2010 Films
In the year 2010, there was a dramatic increase and prominence in the use of 3D-technology in filmmaking after the success of ''Avatar'' in the format, with releases such as '' Alice in Wonderland'', '' Clash of the Titans'', '' Jackass 3D'', all animated films, with numerous other titles being released in 3D formats. 20th Century Fox celebrated its 75th anniversary in 2010. Evaluation of the year In his article highlighting the best movies of 2010, Richard Brody of ''The New Yorker'' said: "At times it feels as if we’re living in something of a cinematic golden age, but one that’s altogether different from earlier halcyon days. Where some celebrate the former genius of the system to explain an earlier day’s proliferation of fine movies, now the system is something of a blunderer that often flings itself into follies or even crushes inspiration under its weight, but sometimes gets carried away, for reasons good or bad, and hands surprising control of vast resources over to ar ...
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Grameen Foundation
Grameen Foundation, founded as Grameen Foundation USA, also known as "GFUSA", is a global 501(c)(3) non-profit organization based in Washington, DC, that works to replicate the Grameen Bank microfinance model around the world through a global network of partner microfinance institutions. Its CEO is Steve Hollingworth. Grameen Foundation's mission is, "To enable the poor, especially the poorest, to create a world without poverty." According to the OECD, Grameen Foundation’s financing for 2019 development increased by 33% to US$45.5 million. It is separate from organizations called "Grameen Foundation" in different countries, such as Grameen Foundation Australia. History The Grameen Foundation was founded by author and independent consultant to nonprofit organizations Alex Counts in 1997. He established the foundation with $6,000 in seed funding from Muhammad Yunus. The mission was to facilitate the expansion of banks modeled after the Grameen Bank beyond the borders of Bangla ...
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Collateral (finance)
In lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan. The collateral serves as a lender's protection against a borrower's default and so can be used to offset the loan if the borrower fails to pay the principal and interest satisfactorily under the terms of the lending agreement. The protection that collateral provides generally allows lenders to offer a lower interest rate on loans that have collateral. The reduction in interest rate can be up to several percentage points, depending on the type and value of the collateral. For example, the Annual Percentage Rate (APR) on an unsecured loan is often much higher than on a secured loan or logbook loan. If a borrower defaults on a loan (due to insolvency or another event), that borrower loses the property pledged as collateral, with the lender then becoming the owner of the property. In a typical mortgage loan transaction, for instance, the real estate being acq ...
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Loans
In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, etc. The recipient (i.e., the borrower) incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed. The document evidencing the debt (e.g., a promissory note) will normally specify, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and the date of repayment. A loan entails the reallocation of the subject asset(s) for a period of time, between the lender and the borrower. The interest provides an incentive for the lender to engage in the loan. In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants. Although this article focuses on monetary loans, in practice, any material object might be lent. Act ...
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Bangladesh
Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the most densely populated countries in the world, and shares land borders with India to the west, north, and east, and Myanmar to the southeast; to the south it has a coastline along the Bay of Bengal. It is narrowly separated from Bhutan and Nepal by the Siliguri Corridor; and from China by the Indian state of Sikkim in the north. Dhaka, the capital and largest city, is the nation's political, financial and cultural centre. Chittagong, the second-largest city, is the busiest port on the Bay of Bengal. The official language is Bengali, one of the easternmost branches of the Indo-European language family. Bangladesh forms the sovereign part of the historic and ethnolinguistic region of Bengal, which was divided during the Partition of India in ...
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Nobel Peace Prize
The Nobel Peace Prize is one of the five Nobel Prizes established by the will of Swedish industrialist, inventor and armaments (military weapons and equipment) manufacturer Alfred Nobel, along with the prizes in Nobel Prize in Chemistry, Chemistry, Nobel Prize in Physics, Physics, Nobel Prize in Physiology or Medicine, Physiology or Medicine and Nobel Prize in Literature, Literature. Since March 1901, it has been awarded annually (with some exceptions) to those who have "done the most or the best work for fraternity between nations, for the abolition or reduction of standing armies and for the holding and promotion of peace congresses". In accordance with Alfred Nobel's will, the recipient is selected by the Norwegian Nobel Committee, a five-member committee appointed by the Parliament of Norway. Since 2020 the prize is awarded in the University of Oslo Faculty of Law, Atrium of the University of Oslo, where it was also awarded 1947–1989; the Abel Prize is also awarded in the ...
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