13A: Reading Reflections No.1

1. Muhammad Yunus is an individual who sought to help millions escape poverty in Bangladesh. I admire his effort to bring forth change to a community that otherwise would not have received the attention it deserved. However, Yunus failed to recognize that his solution to ending poverty would create its own demand. Microcredit could be interpreted as a simple misunderstanding of basic economic principles which Yunus overlooked. 
2. The entrepreneur exhibited concern for those of his country and acted by instilling his humanitarian endeavors into his work. 
3. I found the fact that microcredit was introduced to a struggling community rather difficult to understand. By introducing an economic principle that often never succeeds, he put the livelihood of his people at risk. Yunus might have made matters worse. 
4. I would ask the entrepreneur personal questions regarding his motive for introducing microcredit to the people of Bangladesh. I would also ask Yunus if his humanitarian endeavors would further motivate him to do more than what he already has. I would ask these questions to seek the reasoning behind his drive for introducing such a concept to a struggling demographic. 
5. I believe that Muhammad Yunus did not undermine hard work and what it entails. Surely, this entrepreneur must have executed this idea having thought of the potential failures and successes that could derive from it. I would have to say that I would share this opinion. It is important to evaluate oneself, especially when you are becoming involved in the lives of others.