"Muhammad Yunus’s vision is the total eradication of poverty from the world. ‘Grameen’, he claims, ‘is a message of hope, a programme for putting homelessness and destitution in a museum so that one day our children will visit it and ask how we could have allowed such a terrible thing to go on for so long’.
This work is a fundamental rethink on the economic relationship between the rich and the poor, their rights and their obligations. The World Bank recently acknowledged that ‘this business approach to the alleviation of poverty has allowed millions of individuals to work their way out of poverty with dignity’.
Credit is the last hope left to those faced with absolute poverty. That is why Muhammad Yunus believes that the right to credit should be recognized as a fundamental human right. It is this struggle and the unique and extraordinary methods he invented to combat human despair that Muhammad Yunus recounts here with humility and conviction. It is also the view of a man familiar with both Eastern and Western cultures on the failures and potential for good of industrial countries. It is an appeal for action: we must concentrate on promoting the will to survive and the courage to build in the first and most essential element of the economic cycle Man.
See Yunus Center, Vision. "
"Professor Muhammad Yunus established the Grameen Bank in Bangladesh in 1983, fueled by the belief that credit is a fundamental human right. His objective was to help poor people escape from poverty by providing loans on terms suitable to them and by teaching them a few sound financial principles so they could help themselves.
From Dr. Yunus’ personal loan of small amounts of money to destitute basketweavers in Bangladesh in the mid-70s, the Grameen Bank has advanced to the forefront of a burgeoning world movement toward eradicating poverty through microlending. Replicas of the Grameen Bank model operate in more than 100 countries worldwide.
Born in 1940 in the seaport city of Chittagong, Professor Yunus studied at Dhaka University in Bangladesh, then received a Fulbright scholarship to study economics at Vanderbilt University. He received his Ph.D. in economics from Vanderbilt in 1969 and the following year became an assistant professor of economics at Middle Tennessee State University. Returning to Bangladesh, Yunus headed the economics department at Chittagong University.
From 1993 to 1995, Professor Yunus was a member of the International Advisory Group for the Fourth World Conference on Women, a post to which he was appointed by the UN secretary general. He has served on the Global Commission of Women’s Health, the Advisory Council for Sustainable Economic Development and the UN Expert Group on Women and Finance."
I have more links, will post later. Just a note: Micro finance seems to be quite a lucrative concept, otherwise one wonders why a poor person would be able to secure micro finance loans from multiple NGOs with no oversight (up to 4 that I've read about), can't pay on first loan? Pay it off with second loan (larger loan of course), repeat several times...finally, when completely overwhelmed by the "help" of debt offered from eager NGOs seeking to uplift your life, then sell a kidney to pay off the whole thing, or sell a child into sex slavery...it's a Globalist's win win, exploiting humanity for profit from many angles, while garnering awards and nobel peace prizes to appear like such a great person to the sheeple.
It is so profitable he took his show on the road and also set up in Haiti. Of course, HRC via State Dept. funneled him millions thru USAID. Ahhhhh life is grand helping the poor and ignorant people. Bastards
Because I have a lot of info/links on Yunus, I'm putting in info where I can...there's a big picture of some sort coming into view I think. The USAID funding of pyramid scheme style marketing under the auspices of 'helping people'? Enter a poor country to 'help' them. Lure in 'investors' who don't know the whole picture of black market ties to organ harvesting, drug trafficking, child sex trafficking, slavery etc...anything that can be exploited is exploited.
http://yunussbhaiti.com/en/about-ysb-haiti/
"Yunus Social Business has operated in Haiti since 2010. YSB Haiti leverages the innovative “incubate and finance” model to empower local social businesses to serve to needs of the most vulnerable and under-served communities in Haiti. YSB Haiti seeks to support social business in Haiti by empowering local entrepreneurs, providing business development and increased access to capital, and ultimately creating jobs in key targeted sectors. YSB Haiti specifically aims to strengthen critical agricultural value chains, promote reforestation and environmental protection and increase Haiti’s economic self-reliance.
YSB Haiti has a portfolio of 12 social businesses in Haiti, which have received almost USD 2.5 million in financing from YSB. You can read more about the current YSB Haiti Portfolio here. To date, 10,000+ customers are impacted in Haiti on a monthly basis and 250+ jobs have been created and sustained.
YSB Haiti operates as a subsidiary of the Yunus Social Business Global Initiatives. YSB Global has offices in 7 countries including Haiti and is a leader in creating and replicating game-changing social businesses around the world. YSB was co-founded by Nobel Prize-winning laureate Muhammad Yunus and is headquartered in Germany."
Sophie Eisenmann
Co-Founder & CFO
An expert in creating social business funds and executing investments into social businesses, Sophie is responsible for setting up country initiatives in Haiti, Colombia and Albania as well as multiple various consulting projects for corporate social businesses.
Before co-founding YSB together with Prof. Yunus and Saskia Bruysten, Sophie held the position of COO of Grameen Creative Lab. Prior to that, she worked for Siemens Management Consulting in Munich as well as GE Capital in London, Amsterdam and Munich. She holds an MBA from the European Business School in Germany and an MBA from INSEAD, Fontainebleau and Singapore.
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kestrel9 ago
Relevant to PG since Yunus was named as a lead in the FBIanon interviews.
I'm adding in some info about Yunus here... ND the next deal...revising the US social contract for the 21st Century
http://thenextdeal.org/muhammad-yunus-economist/
Muhammad Yunus: Economist
Added by Editor on August 11, 2013.
"Muhammad Yunus’s vision is the total eradication of poverty from the world. ‘Grameen’, he claims, ‘is a message of hope, a programme for putting homelessness and destitution in a museum so that one day our children will visit it and ask how we could have allowed such a terrible thing to go on for so long’.
This work is a fundamental rethink on the economic relationship between the rich and the poor, their rights and their obligations. The World Bank recently acknowledged that ‘this business approach to the alleviation of poverty has allowed millions of individuals to work their way out of poverty with dignity’.
Credit is the last hope left to those faced with absolute poverty. That is why Muhammad Yunus believes that the right to credit should be recognized as a fundamental human right. It is this struggle and the unique and extraordinary methods he invented to combat human despair that Muhammad Yunus recounts here with humility and conviction. It is also the view of a man familiar with both Eastern and Western cultures on the failures and potential for good of industrial countries. It is an appeal for action: we must concentrate on promoting the will to survive and the courage to build in the first and most essential element of the economic cycle Man. See Yunus Center, Vision. "
"Professor Muhammad Yunus established the Grameen Bank in Bangladesh in 1983, fueled by the belief that credit is a fundamental human right. His objective was to help poor people escape from poverty by providing loans on terms suitable to them and by teaching them a few sound financial principles so they could help themselves.
From Dr. Yunus’ personal loan of small amounts of money to destitute basketweavers in Bangladesh in the mid-70s, the Grameen Bank has advanced to the forefront of a burgeoning world movement toward eradicating poverty through microlending. Replicas of the Grameen Bank model operate in more than 100 countries worldwide.
Born in 1940 in the seaport city of Chittagong, Professor Yunus studied at Dhaka University in Bangladesh, then received a Fulbright scholarship to study economics at Vanderbilt University. He received his Ph.D. in economics from Vanderbilt in 1969 and the following year became an assistant professor of economics at Middle Tennessee State University. Returning to Bangladesh, Yunus headed the economics department at Chittagong University.
From 1993 to 1995, Professor Yunus was a member of the International Advisory Group for the Fourth World Conference on Women, a post to which he was appointed by the UN secretary general. He has served on the Global Commission of Women’s Health, the Advisory Council for Sustainable Economic Development and the UN Expert Group on Women and Finance."
I have more links, will post later. Just a note: Micro finance seems to be quite a lucrative concept, otherwise one wonders why a poor person would be able to secure micro finance loans from multiple NGOs with no oversight (up to 4 that I've read about), can't pay on first loan? Pay it off with second loan (larger loan of course), repeat several times...finally, when completely overwhelmed by the "help" of debt offered from eager NGOs seeking to uplift your life, then sell a kidney to pay off the whole thing, or sell a child into sex slavery...it's a Globalist's win win, exploiting humanity for profit from many angles, while garnering awards and nobel peace prizes to appear like such a great person to the sheeple.
Dressage2 ago
It is so profitable he took his show on the road and also set up in Haiti. Of course, HRC via State Dept. funneled him millions thru USAID. Ahhhhh life is grand helping the poor and ignorant people. Bastards
kestrel9 ago
Because I have a lot of info/links on Yunus, I'm putting in info where I can...there's a big picture of some sort coming into view I think. The USAID funding of pyramid scheme style marketing under the auspices of 'helping people'? Enter a poor country to 'help' them. Lure in 'investors' who don't know the whole picture of black market ties to organ harvesting, drug trafficking, child sex trafficking, slavery etc...anything that can be exploited is exploited.
http://yunussbhaiti.com/en/about-ysb-haiti/ "Yunus Social Business has operated in Haiti since 2010. YSB Haiti leverages the innovative “incubate and finance” model to empower local social businesses to serve to needs of the most vulnerable and under-served communities in Haiti. YSB Haiti seeks to support social business in Haiti by empowering local entrepreneurs, providing business development and increased access to capital, and ultimately creating jobs in key targeted sectors. YSB Haiti specifically aims to strengthen critical agricultural value chains, promote reforestation and environmental protection and increase Haiti’s economic self-reliance.
YSB Haiti has a portfolio of 12 social businesses in Haiti, which have received almost USD 2.5 million in financing from YSB. You can read more about the current YSB Haiti Portfolio here. To date, 10,000+ customers are impacted in Haiti on a monthly basis and 250+ jobs have been created and sustained.
YSB Haiti operates as a subsidiary of the Yunus Social Business Global Initiatives. YSB Global has offices in 7 countries including Haiti and is a leader in creating and replicating game-changing social businesses around the world. YSB was co-founded by Nobel Prize-winning laureate Muhammad Yunus and is headquartered in Germany."
Sophie Eisenmann Co-Founder & CFO An expert in creating social business funds and executing investments into social businesses, Sophie is responsible for setting up country initiatives in Haiti, Colombia and Albania as well as multiple various consulting projects for corporate social businesses. Before co-founding YSB together with Prof. Yunus and Saskia Bruysten, Sophie held the position of COO of Grameen Creative Lab. Prior to that, she worked for Siemens Management Consulting in Munich as well as GE Capital in London, Amsterdam and Munich. She holds an MBA from the European Business School in Germany and an MBA from INSEAD, Fontainebleau and Singapore.