Muhammad Yunus – The Social Business Model
Complete video at: fora.tv Muhammad Yunus, Nobel Peace Prize winner and founder of The Grameen Bank, explains his “social business” model, a plan for addressing social issues through entrepreneurship. This program was recorded in joint collaboration with the Commonwealth Club of California and Link TV. —- Muhammad Yunus, Nobel Peace Prize winner and founder of The Grameen Bank, speaks about his new book Creating a World Without Poverty. Muhammad Yunus is founder and managing director of the Grameen Bank, established in Bangladesh in 1983. Dr. Yunus founded the bank with the objective of helping poor people escape from poverty by providing loans on terms suitable to them and by teaching them a few sound principles of finances so they can help themselves. The Grameen Bank has advanced to the forefront of a burgeoning world movement toward eradicating poverty through micro-lending and its model has been replicated in over 100 countries worldwide. In 2006, Dr. Yunus was awarded the Nobel Peace Prize for his work with the Bank.
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Comment by Jib0n on 5 December 2010:
Every Economist/Econometrician with Bangladesh background would love to follow in hit footsteps… Join dr. Yunus’ journey to create a world without poverty.
Comment by souav on 5 December 2010:
What a theory!!! By doing social business, even you can own 38% of a million dollars cellular company………………..
Comment by skillcentre on 5 December 2010:
all lie,,,, grammen bank has been skrewing up poor pple like shit , making them poorer. acting. this guy wanted to get into politics, if u go to BD now, nobdy likes him. so get the true picture bilatis out there.
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Comment by marktingit on 5 December 2010:
What an inspiration. We need more optimizing people in this world to empower others and end poverty and despair. In production now is a documentary of one of the pioneers of micro-financing and one of its finest success stories:
Mary Aloe Producer to executive produce Obama Documentary about his mother (a micro finance pioneer) with prestigious director Charles Burnett.
Comment by holo098 on 5 December 2010:
This man is from one of the UNDERdevelopt countrys of the World but he make Bangladesh developt!
Comment by lionadri on 5 December 2010:
Try to do social business in your town!
Comment by GrameenCreativeLab on 5 December 2010:
Hi @RaySquirrel, that sounds great. What is your SB model like? I would love to learn more about it. Cheers, Patrik
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Comment by RaySquirrel on 5 December 2010:
@666norton420 Same with me. Only I’m doing it the other way around. Making a movie to start a social business, so I can have the money to make a series of movies.
Comment by 666norton420 on 6 December 2010:
personally, i’ve written a movie series, so i might one day makes an assload of money and start a “social business”.
we all must ry tand do our part.
;d
Comment by ranjhajee on 6 December 2010:
VEry nice effort.s… Good Luck with mr. Muhammad Younas…
Comment by Endogamy on 6 December 2010:
overpopulation is the cause of pollution and now we feed the poor in order to make them recruitable for the corporate. It looks like we grow our children to serve the corporate which at the end pollute and consume all the resources of the Earth.A profit maximisation can be reach also by feeding and maintaining healthy the majority poor uneducated but potential cheap labour for the corporate, isn’t it?…this is total paradox.
Comment by Metsada007 on 6 December 2010:
@bogsider16
Why are the rich still trying to “maximize profits” when they could spend all that money on such projects? Your real world, which you seem to love so much sucks as hell my friend.
Comment by Metsada007 on 6 December 2010:
@MrsUpde3
It can definitely work, but people (especially the rich) are too greedy.
Comment by Metsada007 on 6 December 2010:
Excellent ideas, if everyone thought like Mr. Yunus the world would become a Paradise without poverty and wars.