Complete the sentences with these words. 1 My uncle borrowed some money from the bank. 1 He got / from the bank. 2 Now he pays money to the bank every month. 1 He makes every month. 3 Borrowing the money costs seven percent a year. 1 He pays seven percent a year. What do you think microcredit is? Is it credit for: 1 people without much money? 2 buying computer software? 3 The education of children? Listen to the radio programme about Grameen Bank, which was founded by Muhammad Yunus in Bangladesh and check your answer. Listen to the recording again. What do these numbers refer to? 100 2013 97 12 16 98 5 60 2,600 97 10,000 Discuss. 1 Why do you think most of Grameen’s customers are women? 2 Why do you think Professor Yunus got the Nobel Peace Prize and the other awards? 3 What problems do you see with microcredits for poor people? You’re going to find out about three people who used microcredit to start businesses. What would you like to find out? In groups of three, write three questions. Example: Where are the people from? Try to find the answers to your questions. Student A, read Alice’s story on this page. Student B, read Alemnesh’s story on p. 142. Student C, read Ana’s story on p. 144. Use a dictionary if you don’t understand a word. Tell each other about Alice, Alemnesh and Ana. Whose story do you find the most interesting? Why? 22 a Listening credit interest a loan repayments b c 4ud5g2 10 d 23 Speaking 24 a Reading b BORROWER SUCCESS STORIES Alice When Alice got married, she and her husband Hetuwa went to live in Yodagama, a tiny farming village in the west of Sri Lanka. She was 18 years old and had graduated from school three years before, but couldn’t find work. Her husband is three years older than her. “Hetuwa works for the government, but his pay isn’t enough for both of us,” explains Alice. “I needed to make some money, so I decided to sell sweets. I’ve always loved sweets, and there weren’t any sweet shops in Yodagama.” Alice started her business ‘Sweet Alice’ with a loan of US$130. She makes a few different kinds of sweets, all with local ingredients. She now employs six young women, and her sweets have an excellent reputation. She has to repay the loan within 12 months. c 36 Language skills Extras Explore 3 Money Nur zu Prüfzwecken – Eigentum des Verlags öbv
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