What you should know about microfinance

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If you aren’t familiar with microfinance, it provides small #loans to people to build businesses. I love donating to microfinance and @GRAMEENAMERICA, which focuses on underserved communities, because it’s incredibly satisfying to see the recipients flourish. You may want to donate to it or get some money from it. #philanthropy #microfinance #smallbusiness #raydalio #principles
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Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

KatherineAnderson-lmbw
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Thank you for the video, I found out that investing is not for everybody, you just need a strong stomach too see your portfolio go down. It might be wiser for a novice to start with copy trading investing, but it is not easy. To invest in growth stocks it is another level, definitely you need to know what are you doing.

sophiablakes
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For Indians thinking about word Grameen, This Grameen is actually that only which means Rural

deepmehta
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These times. Forget about investing. Take care of what you got.

charleswilson
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i have never heard of microfinance in the mainstream media. yet apparently it is impacting millions.

micha-fclg
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From Italy and Argentina Thank you too!

SoaringSimulator
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Yes… there could be a form of assessment of financial literacy before giving a loan to somebody starting it out

justerick_
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تحياتي من مصر
بالتوفيق والنجاح الدائم بإذن الله ويدوم التواصل 👍👍👍🙏🙏🙏🌹🌹🌹

ibrahimabokhsheem
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Donate and loans in one sentence sound like oxymoron

Alexander.A.
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Hi ! Do you thinks ROSCA between people can be a future strong microfinance and have got à example today of microfinance who start in.Rosca and groth later as microfinance ? And why bank don't like ROSCA ?

Thanks you

FloNocode
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Excuse Mr Dalio have you got à newsletter who speak more deeply on that. Or à long form vidéo ? I appreciate this

FloNocode
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first ! from france ! thank for all you are doing !

ThePenthes
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God bless Dalio and his family. His financings are very forward-looking.

emanuellasker
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The meaning of the word Pharisee

Pharisee [Gr. pharisaios < Heb. perūšim]:
1. a person belonging to the Judean rel. political current, which defended the interests of small and medium landowners, merchants, and craftsmen (2nd century B.C.E.-2nd century A.D.); characterized by closed-mindedness, and more concerned with outward religiosity; 2*. a hypocrite, a saint.
Pharisee - a member of a Jewish religious party that flourished in Palestine during the latter half of the Second Temple period (515 B.C.E. - A.D. 70). The Pharisaic insistence on the binding force of the oral tradition (the 'unwritten Torah') remains a fundamental principle of Jewish theological thought. When the Mishnah (the first component of the Talmud) was compiled around 200 AD, it incorporated the Pharisaic teaching on Jewish law.

bratbrigada
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Micro finance is dooming in Developing countries and has been so for many years.

mxmus
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Wait... loans to people with no money to start a business that, statistically, has an 85% chance of failing. Hmm

spontaneousbootay
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A real philanthropic action ! Thanks Ray

kikolatulipe