The Grameen Bank is a Bangledesh organization that makes small loans to impoverished families in order to help those families establish themselves. The Grameen Bank and its founder Muhammad Yunus were awarded the Nobel Peace Prize on...
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The Grameen Bank is a Bangledesh organization that makes small loans to impoverished families in order to help those families establish themselves. The Grameen Bank and its founder Muhammad Yunus were awarded the Nobel Peace Prize on October 13, 2006.
Wisdom comes in different ways. Here is one good example. This is an interview conducted recently by Andrew Denton of ABC Television, Australia with Muhammad Yunus, the recipient of the 2006 Nobel Peace Prize. p.s. the original footage on video lasts for about an hour. Highly recommended.
clipped from www.abc.net.au
Muhammad Yunus
ANDREW DENTON: You believe in a thing called social business, what is that and why would that be more attractive... Read Full Story
Shares in Bangladesh's largest mobile phone company Grameenphone soared more than 250 percent on their first day of trading Monday, propelling the benchmark stock index to a new record high. The company, majority-owned by Telenor of Norway, last month raised 71 million dollars by selling a 10 percent stake or 69.44 million shares in the impoverished country's largest-ever initial public offering, or IPO. Grameenphone shares closed up 253 percent at 177.3 taka from their listing price of 70... Read Full Story
http://www.newagebd.com/2009/dec/15/front.html#14
Big French companies likely to invest: French minister
Diplomatic Correspondent
Big French investors are likely to make more investments in social businesses along with other businesses in Bangladesh to enable it to fight poverty as the political situation and the conditions for attracting foreign investment are good, said the French minister, Martin Hirsch, in Dhaka on Monday.
‘About 20 French companies are planning to invest in... Read Full Story
Nobel Peace Laureate Muhammad Yunus calls the global economic crisis "an excellent opportunity to reflect and redesign" businesses, and devote creative ones to solving social problems. Yunus, who with his Grameen Bank -- which gives tiny loans to the very poor to help start businesses -- won the 2006 Peace Prize, told media here on Saturday: "Any problem has a potential of being addressed with a social business." "Social business being a business where you don't make money," he explained... Read Full Story
Nobel laureate Muhammad Yunus brought on Saturday ideas for creating micro "social businesses" from Bangladesh to Germany, with backing from several of the world's leading corporations. Yunus, who was awarded the 2006 Nobel Peace Prize for his development of micro-credits that allow poor people to start their own companies, said the global economic crisis offered the world "an opportunity to reflect and redesign" ways of doing business. "What is missing?" he asked a press conference in... Read Full Story
In a recent speech, the pioneer of micro-credit Muhammad Yunus, again bragged about micro-credit banks expanding even during the severe global recession. With many big banks collapsing during that time, Yunus called on the banks to become more inclusive, not only for their own survival, but for the good of mankind.
From the Thaindian News, we read some quotes from Yunus.
“While big conventional banks with all their collateral were collapsing, microcredit programmes, which do not depend... Read Full Story
One Peace At A Time English Documentary Movie 2009 Cast And Crew Cast: Caroline Boudreaux, Mechai Viravaidya, Philip Berber, Donna Berber, Sugata Mitra, Helene Gayle, Muhammad Yunus, Cameron Sinclair, Dan Shine, Willie Nelson, Steve Goose, Steve Chu, Congressman Lloyd Doggett Director: Turk Pipkin WRITER(S): Turk Pipkin PRODUCER(S): Matt Naylor, The Nobelity Project, Christy Ellinger Pipkin STUDIO: Monterey Media Theatrical Release: 12/4/2009 Home Video Release: 4/13/2010 Movie Plot Summary... Read Full Story
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By John Samuel
Mohammed Yunus
The Nobel Peace Prize for Mohammed Yunus of the Grameen Bank in Bangladesh affirms the transformative potential of people's entrepreneurship and voluntary initiatives -- beyond the State and market - to alleviate poverty and advance human rights and social development The Nobel Peace Prize for Professor Mohammed Yunus of Bangladesh is the affirmation of an... Read Full Story
explain why, based on his work he should have won the prize in economics?
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I Have A Question... Read Full Story
Microcredit programmes were able to weather the global meltdown as compared to the big conventional banks that were on the verge of collapse, Nobel laureate and noted economist Muhammad Yunus said here Wednesday. Read Full Story
