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,...
In "Creating a World Without Poverty," Muhammad Yunus has written a dangerous book. Not so much for his goal – that's merely outlandish, since most people expect the poor will always be. Besides, Yunus knows how to make audacious ideas real – he created Grameen Bank to bring financial...
The Schwab Foundation sends its congratulations to its longstanding Board Member Muhammad Yunus and to the Grameen Bank for winning the Nobel Peace Prize 2006. Professor Yunus has been instrumental in developing and spreading the message that the poo The Schwab Foundation sends its congratulations to...
A pro bono study conducted by the Boston Consulting Group, Establishing a Microenterprise Development and Loans Program in Australia, estimates that between 6,000 and 12,000 potential new micro-businesses require funding each year. They are, howeve A pro bono study conducted by the Boston Consulting...
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...
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...
June 28, 2008, 2 p.m. LOS ANGELES, June 10 /PRNewswire/ -- Can we manage our way to a better world? One in 10 people across the globe had to pay a bribe last year. In the U.S., more than 2 million homes...
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.,...
WASHINGTON AFP — The World Bank and British-based bank Standard Chartered said Thursday that they had teamed up to expand the microfinance, or tiny loans, to impoverished borrowers in Africa and Asia. Standard Chartered, a commercial bank, is already dabbling in microfinance, but the new initiative with the...
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] They are some of the world's most introspective philosophers and rabblerousing clerics. A few write searing works of fiction and uncover the mysteries of the human mind. Others are at the forefront of modern finance, politics, and human...
[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...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c90306) has announced the addition of "Small Loans, Big Dreams: How Nobel Prize Winner Muhammad Yunus and Microfinance are Changing the World" to their offering. Micro-financing is considered one of the most effective strategies in the fight against global poverty. It can...