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.
Kosovo is Serbia and will be again In these modern days, when the New World Order seems to have full control, it is no surprise to read that Finnish diplomat Martti Ahisaari has been awarded the Nobel Peace Prize for his betrayal of Christian Serbs by giving half of their Country to the Moslem Colonisers. "This is some kind of a sick joke," one Serbian listener told the Belgrade radio station B92 last night, before denouncing him as a "Nazi." Another asked: "So the Finnish guy wins an... Read Full Story
Did I mention that Muhammad Yunus is my friend on Facebook (said in gigglish dumb teenager-in-love tone)? Those of you who read this blog know how much I admire Yunus and how much I value microlending (heck, I just made a new Kiva loan today) and the concept of social business.
Anyhoo:
Interview with Nobel Laureate Muhammad Yunus: ‘Capitalism Has Degenerated into a Casino’ - SPIEGEL ONLINE - News - International via kwout
As to what needs to be done, Yunus states
"There are huge... Read Full Story
Founder of the Grameen Bank and Winner of the 2006 Nobel Peace Prize
In 1976, Muhammad Yunus founded the Grameen Bank to make loans to poor Bangladeshis. Since then the Grameen Bank has issued more than US$ 5.1 billion to 5.3 million borrowers. The success of the Grameen model has inspired similar efforts throughout the developing world and even in industrialized nations including the USA. His methods have also been applied to Burma and in Kosovo with great success and he is now embarking... Read Full Story
Author: Alex Counts
Main Title: Small loans, big dreams : how Nobel peace prize winner Muhammad Yunus and microfinance are changing the world
Published/Created: Hoboken, N.J. : John Wiley & Sons, c2008.
Publisher description
A comprehensive look at the concept of micro-financing
Micro-financing is considered one of the most effective strategies in the fight against global poverty. It can be implemented on the massive scale necessary to respond to the urgent needs of the world’s poorest... Read Full Story
So says the Worldwatch Institute :
"The number of "microborrowers" worldwide-people participating in the rapidly growing field of microfinance-increased by 17 percent in 2006, benefiting both communities and the environment, according to the latest Vital Signs Update released by the Worldwatch Institute.
"By helping individuals and villages replace firewood, oil, and kerosene with solar, wind, hydro, and biofuels, microfinance institutions help to improve the local environment while... Read Full Story
