While world financial institutions and markets are failing, village SILC (Savings and Internal Lending Communities) women are making it big in the financial world. To describe this scenario, I will say, “Water is running up hill.” What an enigma!

These world financial institutions are supposedly equipped with the highest IC technology with the most impeccable security features. They hire the most qualified professionals to run their financial businesses and yet they crumble in the face of financial crisis. These poor village SILC participants have never seen a computer; they don’t even have electricity. The majority of them never had the opportunity to go to school and so cannot even read and write. Most of them start with an initial capital range of $5 to $20 and they manage their businesses totally by themselves with just a little training from Catholic Relief Services (CRS). Why and how these women succeed with almost nothing while the world’s prominent financial institutions are melting down is the million dollar question for you and me to answer. What is their magic of operation?
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