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Penny Revolution - Promo
“Penny Revolution” is a series that shows how a small amount of money can transform the lives of the more than one billion people who live below the international poverty line, earning less than $1 a day. The magic formula is known as microfinance, a revolutionary method of funding projects in the developing world, considered by many experts to be the world’s most effective anti-poverty tool.   The series profiles borrowers in rural Mexico, the Dominican Republic, Honduras and Ecuador, as well as the wealthy benefactors who make their dreams a reality, including New York Mets General Manager Omar Minaya. Born in the Dominican Republic, Minaya understands – perhaps better than most – how the right skills, training and support can be the tickets out of the poverty that afflicts the underprivileged. Minaya’s commitment to raise funds for Esperanza International, a charity whose mission is to free children and their families from poverty and restore their self-worth, puts him in contact with a Dominican mother who dreams of starting a business to support her family and hopes for careers in baseball for her children. In addition to the series’ main stories, “Penny Revolution” also highlights a housing development project in urban sprawling slums of Nairobi backed by a microfinance institute (MFI); an MFI-supported technology initiative in rural Rwanda; a program for the completely destitute in West Bengal, India, designed to help those too poor to take a loan; and a trip to inspect the unique achievements of the Grameen Bank in rural Bangladesh. Each segment tells the story of one extraordinary borrower and takes an in-depth look at the intriguing spin-offs these particular microfinance endeavors have created.
Video Length: 30
Date Found: July 20, 2010
Date Produced:
View Count: 42
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