<div class="xblock xblock-public_view xblock-public_view-vertical" data-request-token="4845456cc23311f19e850afffb1c3153" data-init="VerticalStudentView" data-graded="False" data-runtime-version="1" data-block-type="vertical" data-runtime-class="LmsRuntime" data-has-score="False" data-usage-id="block-v1:MITx+11.405x+2T2020+type@vertical+block@e4dc3f7912f142849af2b2a16b73a238" data-course-id="course-v1:MITx+11.405x+2T2020">
<h2 class="hd hd-2 unit-title">Overview</h2>
<div class="vert-mod">
<div class="vert vert-0" data-id="block-v1:MITx+11.405x+2T2020+type@html+block@e77b7bb093ce4a5198fea086bc126b03">
<div class="xblock xblock-public_view xblock-public_view-html xmodule_display xmodule_HtmlBlock" data-request-token="4845456cc23311f19e850afffb1c3153" data-init="XBlockToXModuleShim" data-graded="False" data-runtime-version="1" data-block-type="html" data-runtime-class="LmsRuntime" data-has-score="False" data-usage-id="block-v1:MITx+11.405x+2T2020+type@html+block@e77b7bb093ce4a5198fea086bc126b03" data-course-id="course-v1:MITx+11.405x+2T2020">
<script type="json/xblock-args" class="xblock-json-init-args">
{"xmodule-type": "HTMLModule"}
</script>
<p style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: left; direction: ltr; unicode-bidi: embed; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging;"><strong>Welcome to Module 2: Where does your money sleep at night? </strong></p>
<p style="text-rendering: optimizelegibility; margin-right: 0px; margin-left: 0px; padding: 0px; border: 0px; outline: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-stretch: inherit; font-size: 16px; font-family: 'Open Sans', 'Helvetica Neue', Helvetica, Arial, sans-serif; vertical-align: baseline; color: #313131;"><span style="text-rendering: optimizelegibility; margin: 0px; padding: 0px; border: 0px; outline: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: 1.4em; font-family: inherit; vertical-align: baseline; color: #000000;">In this week, we will take a deeper dive into what Just Banking is, how it works, and look at examples of impact from around the world.</span></p>
<p style="text-rendering: optimizelegibility; margin-right: 0px; margin-left: 0px; padding: 0px; border: 0px; outline: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-stretch: inherit; font-size: 16px; font-family: 'Open Sans', 'Helvetica Neue', Helvetica, Arial, sans-serif; vertical-align: baseline; color: #313131;"><span style="text-rendering: optimizelegibility; margin: 0px; padding: 0px; border: 0px; outline: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: 1.4em; font-family: inherit; vertical-align: baseline; color: #000000;">Here is an overview of what you can expect this week:</span></p>
<p style="text-rendering: optimizelegibility; margin-right: 0px; margin-left: 0px; padding: 0px; border: 0px; outline: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-stretch: inherit; font-size: 16px; font-family: 'Open Sans', 'Helvetica Neue', Helvetica, Arial, sans-serif; vertical-align: baseline; color: #313131;"></p>
<p style="margin-right: 0px; margin-bottom: 1.41575em; margin-left: 0px; font-family: 'Open Sans', Verdana, Geneva, sans-serif, sans-serif; font-size: 16px;"><strong style="line-height: 1.4em;">Core Concepts</strong></p>
<ul style="line-height: 22.4px; font-family: 'Open Sans', Verdana, Geneva, sans-serif, sans-serif;">
<ul style="line-height: 1.4em;">
<li style="line-height: 1.4em; margin-bottom: 0.70788em;">What is Just Banking?</li>
<li style="line-height: 1.4em; margin-bottom: 0.70788em;">Where does my money go?</li>
<li style="line-height: 1.4em; margin-bottom: 0.70788em;">What is the impact of Just Banking?</li>
</ul>
</ul>
<p style="margin-right: 0px; margin-bottom: 1.41575em; margin-left: 0px; font-family: 'Open Sans', Verdana, Geneva, sans-serif, sans-serif; font-size: 16px;"><strong style="line-height: 1.4em;"><br />Voices from the Field</strong></p>
<ul style="line-height: 22.4px; font-family: 'Open Sans', Verdana, Geneva, sans-serif, sans-serif;">
<ul style="line-height: 1.4em;">
<li style="line-height: 1.4em; margin-bottom: 0.70788em;"><span style="font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 1em; line-height: 1.6em; font-family: inherit; color: inherit;">Amy Domini (Domini Social Investments) - Pioneer of Socially Responsible Investment</span></li>
<li style="line-height: 1.4em; margin-bottom: 0.70788em;"><span style="font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 1em; line-height: 1.6em; font-family: inherit; color: inherit;">Jean-Louis Bancel (Crédit Coopératif) - Innovations in Transparency</span></li>
<li style="line-height: 1.4em; margin-bottom: 0.70788em;"><span style="font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 1em; line-height: 1.6em; font-family: inherit; color: inherit;">Anand Batsukh and Ryan Calvert (XacBank) - Eco Banking in Mongolia</span></li>
<li style="line-height: 1.4em; margin-bottom: 0.70788em;"><span style="font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 1em; line-height: 1.6em; font-family: inherit; color: inherit;">Cesare Vitali (Banca Etica) - Participatory Banking in Italy</span></li>
<li style="line-height: 1.4em; margin-bottom: 0.70788em;"><span style="font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 1em; line-height: 1.6em; font-family: inherit; color: inherit;">Darrin Williams (Southern Bancorp) - Rural Development in the USA</span></li>
<li style="line-height: 1.4em; margin-bottom: 0.70788em;">Marion Cuny (<span style="line-height: 25.6px;">Crédit Coopérati</span><span style="line-height: 25.6px;">f</span>) - Financing the Cultural Field in France</li>
<li style="line-height: 1.4em; margin-bottom: 0.70788em;"><span style="font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 1em; line-height: 1.6em; font-family: inherit; color: inherit;">Miguel Torres Recinos (SAC Apoyo Integral, Client) - Microfinance in El Salvador</span></li>
<li style="line-height: 1.4em; margin-bottom: 0.70788em;">William Azaroff (Vancity Credit Union) - Payday Loan Alternatives in Canada</li>
<li style="text-rendering: optimizelegibility; margin: 0px 0px 0.70788em; padding: 0px; border: 0px; outline: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: 1.4em; font-family: inherit; vertical-align: baseline;"><span style="text-rendering: optimizelegibility; margin: 0px; padding: 0px; border: 0px; outline: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: 1.4em; font-family: inherit; vertical-align: baseline; color: #000000;">Shameran Abed (BRAC Microfinance) - Microfinance and Ultra Poor programs in Bangladesh</span></li>
</ul>
</ul>
<p style="margin-right: 0px; margin-bottom: 1.41575em; margin-left: 0px; font-family: 'Open Sans', Verdana, Geneva, sans-serif, sans-serif; font-size: 16px;"><strong style="line-height: 1.4em;"><span style="font-style: inherit; font-variant: inherit; font-stretch: inherit; font-size: 1em; line-height: 1.6em; font-family: inherit; color: inherit;"><br />Practices</span></strong></p>
<ul style="line-height: 22.4px; font-family: 'Open Sans', Verdana, Geneva, sans-serif, sans-serif;">
<ul style="line-height: 1.4em;">
<li style="line-height: 1.4em; margin-bottom: 0.70788em;">Reflective Journaling</li>
<li style="line-height: 1.4em; margin-bottom: 0.70788em;">Lending Dilemma #2</li>
</ul>
</ul>
<p class="MsoNormal" style="margin-right: 0px; margin-bottom: 1.41575em; margin-left: 0px; font-family: 'Open Sans', Verdana, Geneva, sans-serif, sans-serif; font-size: 16px;"><strong style="line-height: 1.4em;"><br />Time Commitment This Module</strong></p>
<p class="MsoNormal" style="margin-right: 0px; margin-bottom: 1.41575em; margin-left: 0px; font-family: 'Open Sans', Verdana, Geneva, sans-serif, sans-serif; font-size: 16px;"><o:p style="line-height: 1.4em;"></o:p></p>
<ul style="line-height: 22.4px; font-family: 'Open Sans', Verdana, Geneva, sans-serif, sans-serif;">
<ul style="line-height: 1.4em;">
<li style="line-height: 1.4em; margin-bottom: 0.70788em;"><span style="font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 1em; line-height: 1.6em; font-family: inherit; color: #333333;"><strong style="line-height: 1.4em;">Videos</strong>: Watching all of the videos will take you at least <strong>95</strong><strong style="line-height: 1.4em;"> minutes, </strong>though not all of the videos are required.</span></li>
<li style="line-height: 1.4em; margin-bottom: 0.70788em;"><span style="font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: 1.4em; font-family: inherit; color: #333333;"><strong style="line-height: 1.4em;">Reflective Journaling</strong>: You should budget around <strong>3</strong><strong style="line-height: 1.4em;">0 minutes</strong> to do the reflective journaling exercise</span></li>
<li style="line-height: 1.4em; margin-bottom: 0.70788em;"><span style="font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 1em; line-height: 1.6em; font-family: inherit; color: #333333;"><strong style="line-height: 1.4em;">Extra Material</strong>: Please leave adequate time for any <strong style="line-height: 1.4em;">extra reading</strong> you may want to do.</span></li>
</ul>
</ul>
<p class="MsoNormal" style="margin-right: 0px; margin-bottom: 1.41575em; margin-left: 0px; font-family: 'Open Sans', Verdana, Geneva, sans-serif, sans-serif; font-size: 16px;"></p>
<p class="MsoNormal" style="margin-right: 0px; margin-bottom: 1.41575em; margin-left: 0px; font-family: 'Open Sans', Verdana, Geneva, sans-serif, sans-serif; font-size: 16px;"><span style="font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: 1.4em; font-family: inherit; color: #333333;"> Enjoy the module!</span></p>
</div>
</div>
</div>
</div>
<div class="xblock xblock-public_view xblock-public_view-vertical" data-request-token="4845456cc23311f19e850afffb1c3153" data-init="VerticalStudentView" data-graded="False" data-runtime-version="1" data-block-type="vertical" data-runtime-class="LmsRuntime" data-has-score="False" data-usage-id="block-v1:MITx+11.405x+2T2020+type@vertical+block@ec09dd6eb1024bda8aa738084c582001" data-course-id="course-v1:MITx+11.405x+2T2020">
<h2 class="hd hd-2 unit-title">Introduction to Module 2</h2>
<div class="vert-mod">
<div class="vert vert-0" data-id="block-v1:MITx+11.405x+2T2020+type@html+block@2b66b189a7ec41fa9b623cc0db5a5199">
<div class="xblock xblock-public_view xblock-public_view-html xmodule_display xmodule_HtmlBlock" data-request-token="4845456cc23311f19e850afffb1c3153" data-init="XBlockToXModuleShim" data-graded="False" data-runtime-version="1" data-block-type="html" data-runtime-class="LmsRuntime" data-has-score="False" data-usage-id="block-v1:MITx+11.405x+2T2020+type@html+block@2b66b189a7ec41fa9b623cc0db5a5199" data-course-id="course-v1:MITx+11.405x+2T2020">
<script type="json/xblock-args" class="xblock-json-init-args">
{"xmodule-type": "HTMLModule"}
</script>
<p style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: left; direction: ltr; unicode-bidi: embed; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging;">The video below introduces the core concepts of Module 2.</p>
</div>
</div>
<div class="vert vert-1" data-id="block-v1:MITx+11.405x+2T2020+type@video+block@b601d74f15fb46378b0530e8331361ec">
<div class="xblock xblock-public_view xblock-public_view-video xmodule_display xmodule_VideoBlock" data-request-token="4845456cc23311f19e850afffb1c3153" data-init="XBlockToXModuleShim" data-graded="False" data-runtime-version="1" data-block-type="video" data-runtime-class="LmsRuntime" data-has-score="False" data-usage-id="block-v1:MITx+11.405x+2T2020+type@video+block@b601d74f15fb46378b0530e8331361ec" data-course-id="course-v1:MITx+11.405x+2T2020">
<script type="json/xblock-args" class="xblock-json-init-args">
{"xmodule-type": "Video"}
</script>
<h3 class="hd hd-2">Introduction to Module 2</h3>
<div
id="video_b601d74f15fb46378b0530e8331361ec"
class="video closed"
data-metadata='{"transcriptLanguages": {"en": "English", "pt": "Portuguese"}, "lmsRootURL": "https://openlearninglibrary.mit.edu", "saveStateEnabled": false, "ytApiUrl": "https://www.youtube.com/iframe_api", "publishCompletionUrl": "/courses/course-v1:MITx+11.405x+2T2020/xblock/block-v1:MITx+11.405x+2T2020+type@video+block@b601d74f15fb46378b0530e8331361ec/handler/publish_completion", "duration": 64.78, "recordedYoutubeIsAvailable": true, "streams": "1.00:Cb3s1-Uhcxc", "generalSpeed": 1.0, "poster": "https://mitx-edx-video-meta-storage.s3.amazonaws.com/media/video-images/a69f955c64774b39a25cb9c4c8ee86de.jpeg?Signature=eCW%2FsMScY3UVZrmepKS7g86GqSg%3D&x-amz-security-token=IQoJb3JpZ2luX2VjEEIaCXVzLWVhc3QtMSJIMEYCIQC5JuL9iWMU9DUyc9R7QjwL1Pa8Xpr7Xx1ESjp8wrodzwIhAJi5%2FSyzsyVsr9SCtrscRhkG4oNC1C7nryuu%2FGJM4AzSKroFCAoQBBoMODU5MjA1NjM3NDExIgzRQ77an77y5%2F5wxEMqlwXIA3XsRj3iXNtdDuOL6wmEDxAVf8kfVQaQx1FyebquCzidQ0w8KTWxXrj9TA%2B0%2FOkwsm42kLt5C%2BU1UeU%2FtRMa8%2BZMRv6Vt35%2Bn7hO%2FsurOJUkXhygHpfclI3fDbrGkE2DxbSURu6mQjvlMh4dvkx%2BIewxim4R37aAwqHh1xGPwcUoFDh1sCweRhBGoFYFFjBsWu7uWFEmlWtCAF2vvffV8OTHzhom2J34ElFAvtH4xGP9F4mqorbKQYN%2BYepr5VQaWFqwIGpFbl%2FLQrQqWca%2BWRYaD%2BwN0BMq0%2FAKj6E7%2By1ygOUHgZkjohYNwA5pa62QMDEVWfmtYoNQpceKGCKQio%2BFPZBCUa2cX7NKBl6Yc8y6vaOv7Tk5T6OlKZz2e8lqCR3JqfuQ0sLgySjgxncWQtkzdK0a1%2F9ZqMDpz4V2ahD4ZIYqprlidJxXis%2Bi2vy8YYAwwi77PTBMmcp%2B8spFo%2FIMATnZmohK9YeWpGgkRD%2FRhAupT6t5h0WMs2EjI4E04%2B7c%2BCreA%2BUS3FjCHpq1YyEKEic%2BeJN60YrUW67SI2R3gu0uP0o86j9uvqwCMANaOuMot8FHwcJn2rAxe%2BCocgLHbdtetSZUG5ueDf%2FjikBaPalWDNTqL7nT9rbVfJ9xeIop4pemrvfA0HxmfsEfPHsMfZ6Gv1SrGn%2BAFcaIndCIhIcIrdDhne5rVvQPrppE81mEUwOQDZOLHgppLKw611FE%2BpOpy%2BvSU8Itf13KVb18bK4sUw0saRLKZ6U8SQBUU4tR6Zk0QykEeezNXg15TmrQXcEev3IYqcfdTuVWV%2BQmWmkC7gREnMyB7UeAOkEDt%2FCeItRpghmkB2xA%2BZsp9OwdhugAR8TDTpytzWtC%2FmiovaJa1uMwxpeY1gY6sAFBluys90XwRp5fCELKeza7DQDoutTYYtVty%2B%2BMDJ%2Ft2NqbzvOL2T7KvkLQKDEpzc6T%2F1Nhq%2Fmigx6sUNAw254ay0BySgrtMeo9MoWt1NzSS2a0pA8jLXSjh%2F%2FMED22jMilG%2FYLDJJMQRnEY5CwpCRV%2B%2FXvGp9gKsXgy620SahngIAf6r9Ea3yoyF3GAVS8oXajegiLiBvyHC3SC5xgX1SG6rmqNW6dUtRj%2BoI3pLFFJA%3D%3D&AWSAccessKeyId=ASIA4QDFFSURZL6U2TYI&Expires=1791366394", "completionPercentage": 0.95, "transcriptTranslationUrl": "/courses/course-v1:MITx+11.405x+2T2020/xblock/block-v1:MITx+11.405x+2T2020+type@video+block@b601d74f15fb46378b0530e8331361ec/handler/transcript/translation/__lang__", "captionDataDir": null, "transcriptAvailableTranslationsUrl": "/courses/course-v1:MITx+11.405x+2T2020/xblock/block-v1:MITx+11.405x+2T2020+type@video+block@b601d74f15fb46378b0530e8331361ec/handler/transcript/available_translations", "autohideHtml5": false, "showCaptions": "true", "ytMetadataEndpoint": "", "saveStateUrl": "/courses/course-v1:MITx+11.405x+2T2020/xblock/block-v1:MITx+11.405x+2T2020+type@video+block@b601d74f15fb46378b0530e8331361ec/handler/xmodule_handler/save_user_state", "prioritizeHls": false, "end": 0.0, "autoAdvance": false, "autoplay": false, "sources": ["https://d2f1egay8yehza.cloudfront.net/MIT114052016-V011800_DTH.mp4", "https://d2f1egay8yehza.cloudfront.net/MIT114052016-V011800/MIT114052016-V011800.m3u8"], "ytTestTimeout": 1500, "savedVideoPosition": 0.0, "speed": null, "completionEnabled": false, "transcriptLanguage": "en", "start": 0.0}'
data-bumper-metadata='null'
data-autoadvance-enabled="False"
data-poster='null'
tabindex="-1"
>
<div class="focus_grabber first"></div>
<div class="tc-wrapper">
<div class="video-wrapper">
<span tabindex="0" class="spinner" aria-hidden="false" aria-label="Loading video player"></span>
<span tabindex="-1" class="btn-play fa fa-youtube-play fa-2x is-hidden" aria-hidden="true" aria-label="Play video"></span>
<div class="video-player-pre"></div>
<div class="video-player">
<div id="b601d74f15fb46378b0530e8331361ec"></div>
<h4 class="hd hd-4 video-error is-hidden">No playable video sources found.</h4>
<h4 class="hd hd-4 video-hls-error is-hidden">
Your browser does not support this video format. Try using a different browser.
</h4>
</div>
<div class="video-player-post"></div>
<div class="closed-captions"></div>
<div class="video-controls is-hidden">
<div>
<div class="vcr"><div class="vidtime">0:00 / 0:00</div></div>
<div class="secondary-controls"></div>
</div>
</div>
</div>
</div>
<div class="focus_grabber last"></div>
<h3 class="hd hd-4 downloads-heading sr" id="video-download-transcripts_b601d74f15fb46378b0530e8331361ec">Downloads and transcripts</h3>
<div class="wrapper-downloads" role="region" aria-labelledby="video-download-transcripts_b601d74f15fb46378b0530e8331361ec">
<div class="wrapper-download-transcripts">
<h4 class="hd hd-5">Transcripts</h4>
<ul class="list-download-transcripts">
<li class="transcript-option">
<a class="btn btn-link" href="/courses/course-v1:MITx+11.405x+2T2020/xblock/block-v1:MITx+11.405x+2T2020+type@video+block@b601d74f15fb46378b0530e8331361ec/handler/transcript/download" data-value="srt">Download SubRip (.srt) file</a>
</li>
<li class="transcript-option">
<a class="btn btn-link" href="/courses/course-v1:MITx+11.405x+2T2020/xblock/block-v1:MITx+11.405x+2T2020+type@video+block@b601d74f15fb46378b0530e8331361ec/handler/transcript/download" data-value="txt">Download Text (.txt) file</a>
</li>
</ul>
</div>
</div>
</div>
</div>
</div>
</div>
</div>