Grameen Bank is an improbable business worth study. In the second section of Creating a World Without Poverty, Muhammad Yunus details the ongoing evolution of what he calls "The Grameen Experiment." Yunus was an economist, not a banker, and he needed to invent his bank for the poor,...
Proceeds to Benefit Microfinance Projects in India & Bangladesh with Ongoing Partner 2006 Peace Prize Laureate Dr. Muhammad Yunus and the Grameen Bank NEW YORK -- The international pop duo - The Green Children - Tom Bevan and Milla Sunde - have recently signed with Universal Music Group...
NewMarket Technology, Inc. (OTCBB: NMKT) todayannounced a 235% increase in Microsoft sales over the previous fiscal year.After reporting just $1 million in 2002, the Company reported $93.1 millionin revenue in 2007 with net income of $7.3 million. NewMarket has movedinto Managed Services as part of its overall strategy...
NewMarket Latin America, Inc. (PINKSHEETS: NLAI)today announced that RKM IT Solutions reported a 235% increase in Microsoftsales over the previous fiscal year. In 2004, NewMarket Technology, Inc. launched operations in South America bypurchasing RKM IT Solutions in Venezuela. NewMarket Technology isconsolidating RKM and additional operations in South...
NEW YORK -- The following releases focus on Corporate Social Responsibility and moved during the week of June 18 - June 25, 2008. ALL TIME-OFFS ARE IN EASTERN TIME LONDON -- zouk Solar Opportunities Limited Raises [euro]52M to Invest in Solar Infrastructure Projects...
NewMarket Latin America, Inc. (PINKSHEETS: NLAI)today announced RKM IT Solutions' invitation to participate in Microsoft'sWorldwide Partner Conference scheduled for July 7-10, 2008 in Houston,Texas. This conference will be instrumental in the NewMarketorganization's efforts to transition its shorter-term contracts intolong-term Managed Service contracts. The Company's parent recentlyannounced RKM's...
CAMBRIDGE, England, June 25 /PRNewswire/ -- - FrontlineSMS Continues to Unlock the Potential of Mobile Technology for Non-Profits Working for Positive Social and Environmental Change Throughout the Developing World NGO-focused mobile technology organisation kiwanja.net today releases the latest version of its popular text messaging...
LONDON AFP — Indian entrepreneur Svati Bhogle was named 2008 Energy Champion at the Ashden Awards, which aim to recognise the use of sustainable energy in local communities worldwide, in London on Thursday. Bhogle's Technology Informatics Design Endeavour TIDE company developed energy-efficient woodstoves for use in...
Free Event by the Father of Microcredit is Open to the Public BOSTON -- Dr. Muhammad Yunus, the founder of Grameen Bank and the founding father of the microfinance movement, will discuss eliminating poverty in the United States at the John F. Kennedy Presidential Library...
Abstract: In 2006, Muhammad Yunus, a Bangladeshi economist, won the Nobel Peace Prize. Yunus's key innovation was to create loan circles, usually of five women, who used social suasion to ensure high repayment rates and sustain their creditworthiness. This institutional structure helps resolve a number of information, incentive,...
Creating a World Without Poverty: Social Business and the Future of Capitalism By Muhammad Yunus Public Affairs, $29.95 There are those who do, and those who talk about doing, and Yunus is one of the former. As founder of the Grameen Bank, he pioneered the idea of microcredit...
North Fork Bancorp., whose nearly 20 downstate branches converted in March to the Capital One brand, closed out its history by becoming one of the 10 most focused lenders to small businesses, a recent federal report shows. North Fork was acquired in 2006 by Capital One Financial Corp.,...
CREATING A WORLD WITHOUT POVERTY: SOCIAL BUSINESS AND THE FUTURE OF CAPITALISM By Muhammad Yunus Public Affairs, 261 pages, $26 Muhammad Yunus was looking forward to a career as an economics professor when he became curious about why so many people in his native Bangladesh were mired in...
Small loans, big dreams; how Nobel prize winner Muhammad Yunus and microfinance are changing the world. Counts, Alex. John Wiley & Sons 2008 410 pages $29.95 Hardcover HG3290 Muhammad Yunus, the visionary founder of...
[ILLUSTRATION OMITTED] Launched by Swiss officials and former UN Secretary General Kofi Annan, the Global Humanitarian Forum is gearing up for action after months of preparation. Its first annual meeting on June 24 and 25 will look...
Founded by Muhammad Yunus, the 2006 Nobel Peace Prize Winner, Grameen Bank has created a new category of banking by granting millions of small loans to poor people with no collateral. While originally established as a village bank Grameen in the local language means Village, Grameen Bank has since...
A Huge Securitisation Deal in the Microfinance Sector for an Agricultural Loan Portfolio CHENNAI, India -- IFMR Trust (www.ifmrtrust.co.in) has provided credit protection in the form of a guarantee to a portfolio of agricultural loans originated by BISWA Bharat Integrated Social Welfare Agency, an MFI in Orissa. The...
Corrado Giannantoni: A Modern-Day Newton Muhammad Yunus gave a graduation talk at BYU in 1998 emphasizing the power of mindsets. He suggested that we cannot solve any problem with existing methods when the problem lies in the methods and even more so in the mindsets that generate the...
Several weeks ago the news highlighted an event of great interest to the work of economic development. The Nobel Peace Prize for 2006 was awarded to Muhammad Yunus of Bangladesh for his revolutionary microcredit program. His Grameen Bank has loaned almost $6 billion to more than 6 million borrowers....
Telecom vendor Ericsson and Bangladesh-based Internet service provider Grameen CyberNet have inked an agreement to provide a fiber-to-the-home FTTH network based on Gigabit passive optical network GPON technology. This deal would enable CyberNet to deliver new broadband services like...
Articles 2008-04-01
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