Yunus won the Nobel Peace Prize in 2006 for making microcredit, a loan system to help rural poor women out of poverty & funds everything through the Grameen Bank. According to WashPo, microcredit doesn't help empower women, restricts them, and gives little freedom. 97% of his loans are given to the women "because they pay back the loans and use the $ to take care of the kids" and are given at very HIGH interest rates.

Then why did he win the Nobel Peace Prize in 2006?

He was even kicked out from his position as head of his bank later but the US wasn't too happy and wanted him to stay. HRC who was Secretary of State wanted to work with Yunus to "discuss an issue" in 2011.

This is what the human trafficking center has to say about microfinance "But, microfinance is not an overarching solution to preventing trafficking. In some cases, interest rates on loans and the pressures to repay create an even more dangerous situation for an already-exploited population."

Even a lawyer at UPenn wrote a paper on why it doesn't work. She says that "borrowers are pushed to take out additional loans from local lenders at high interest rates to meet the initial payments on the microloan. They also seek economic opportunities elsewhere and, as a result, have a high risk of being lured into seemingly legitimate employment positions that operate as a guise for trafficking (https://archive.is/MAoik)) US has similar microcredit finance program called USAID.

And to prove her point, Grameen Bank was accused of verbally harassing ppl for not paying their loans. Some people have been selling organs to pay back microcredit (https://archive.is/AD8PC)).

He tried to bring microcredit to DC but it failed because he couldn't fund raise for it. In 2007, he tried to run for office in Bangladesh and start his own political party until the Bengali gov't accused him of misusing money. He also went to a world bank conference on poverty in 1993 when Clinton just came into office.

"allegations surfaced in a recent Norwegian documentary that in the 1990s a portion of $100 million in aid money from Norway and other countries was transferred from Grameen Bank, which Yunus founded, to one of 30 companies he controls in order to avoid Bangladeshi taxes. It was also alleged that Grameen used aid money to benefit other bank operations unrelated to micro-finance." Norway did an investigation in 2011 but the $$ was traced saying the issue was resolved. WEIRD! Prime Minister Sheikh Hasina also accused him of "sucking blood from the poor in the name of poverty alleviation".

Yunus has donated 125k-300k to Clinton. According to David Brock's org Media Matters, they don't think it's a big deal or a conflict of interest (https://archive.is/KB79k)). He's been working with the Clintons since 1983 in Arkansas where he learned how microfinance can be used by state. 1/2 people HRC met with gave $$ to the CF.

HRC and george schultz drafter an op ed (https://wikileaks.org/clinton-emails/emailid/19821)) bc she doesn't want bengali gov't oversight so grameen bank can be independent. (https://wikileaks.org/clinton-emails/emailid/19850)). Why does she care?

https://wikileaks.org/gifiles/docs/68/684967_bangladesh-norway-norway-examining-aid-anomalies-by-grameen-.html is WEIRD. shows why norway doesn't like bangladesh.

Norway has a huge pedophile scandal. Follow the money. Here's more info on Norway/Grameen bank. DIG! https://archive.is/9fYWk https://archive.is/n9Yao https://archive.is/U5VEB

Archived articles from WashPo: https://archive.is/W4STj https://archive.is/nTl6Z https://archive.is/PB0xJ https://archive.is/ffkW5 https://archive.is/hkEYt https://archive.is/j9UWc https://archive.is/t9ka9 https://archive.is/H0Eow https://archive.is/weEcx https://archive.is/8iCkV https://archive.is/D76xP

Other Links: Human trafficking center on microfinance https://archive.is/zLI5E Organ trafficking in Bangladesh https://archive.is/rPSoZ USAID, Grameen Bank blogpost https://archive.is/jkk2I