Muhammad Yunus’ OpEd piece in Friday’s New York Times entitled Sacrificing Microcredit for Megaprofits is plainly and simply factually challenged. Yunus advocates for changes which will result in fewer of the working poor receiving quality financial services and those who do will pay more for those services. [NOTE: Those of you who read my blog… Continue reading Disinformation on Microfinance Hurts the Poor
Vikram Akula, Founder and Chairman of SKS Microfinance of India and Muhammad Yunus, founder of Grameen Bank of Bangladesk, Nobel Peace Prize recipient and author meet for an interview at Clinton Global Initiative this week. I met Vikram in Hyderabad back in 2005 just as they were transforming from a non-profit to a commercial entity… Continue reading SKS and Grameen Bank Founders meet up
Creating a World Without Poverty: How Social Businesses Can Transform Our Lives by Muhammad Yunus Muhammad Yunus, 2006 Nobel Peace Prize recipient, has recently released his second book, Creating a World Without Poverty. The centerpiece of this book is Yunus proposal for a new kind of institution called a “social business” which is a for-profit… Continue reading Creating a World Without Poverty book review
The Poor Always Pay Back: The Grameen II Story by Asif Dowla and Dipal Barua If anyone is interested in seeing inside one of the world’s most innovative microfinance organizations, this is a fantastic documentary of the huge transformation that Grameen Bank (founded by Muhammad Yunus) … 2006 Nobel Peace Prize winners … went through… Continue reading The Poor Always Pay Back book review
Muhammad Yunus, founder of Grameen Bank, shared a very compelling vision printed in a recent article in BusinessWeek: My mission is to create a poverty-free world. I believe that human beings are created to contribute to all other life forms, including their own. But poor people too often spend their lifetime just taking care of… Continue reading A Poverty-Free World
Banker to the Poor: Micro-Lending and the Battle Against World Poverty by Muhammad Yunus Yunus is probably the most well-known microfinance practitioner having started The Grameen Bank in Bangladesh in the 1970’s and led it ever since to its current state where it serves millions of micro-entrepreneurial women across Bangladesh and, through replication, in many… Continue reading Banker to the Poor book review
