F E At U r E | YUNUS 1 F E At U r E 9.2 the role of the corporation in Supporting Local Development BY MUhAMMAD YUNUS At SoL’s Global Forum held in Oman last year‚ Nobel Prize winner Muhammad Yunus‚ the founder of Grameen Bank‚ joined Roberto Bocca‚ director of emerging consumer markets at BP Alternative Energy; Lynne Dovey‚ director of strategic planning at the Ministry of Economic Development in New Zealand; Shaikh Saleh Al-Turki‚ the chairman of the Jeddah Chamber of Commerce and
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YUNUS CENTRE PRESENTS SOCIAL BUSINESS PLAN COMPETITION 2013 Dear Social Business Enthusiasts‚ Yunus Centre is proud to announce the launch of the 4th Annual Social Business Plan Competition 2013. This competition is designed for university level students to showcase their entrepreneurial skills and creativity to generate solutions for pressing social problems in a business way-the Social Business way! As Professor MuhammadYunus points out‚ today’s generation of young people are more aware of
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can prevent malaria infections effectively. These nets will be marketed by BASF Grameen Limited. The plant was inaugurated at the hands of Nobel Laureate‚ Professor Muhammad Yunus and Mrs. Saori Dubourg‚ President Asia Pacific‚ BASF‚ at a public function held at the plant premises. In his opening remarks‚ Professor Yunus said‚ “Social business is a non-dividend company to solve a specific social problem. We are very happy that BASF‚ the world’s leading chemical company‚ has come forward
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Submitted to: Prof. Dr. Maurice Yolles A case-study on GrameenPhone By: Pronoy Chakma (Noy) Abstract Bangladeshi-native Muhammad Yunus developed the concepts of micro-financing and micro-credit when he was Professor of Economics at Chittagong University. After visiting some poor neighborhoods and villages near Chittagong‚ he realized that very small loans to the poor people could
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Social Entrepreneurship Review of the book “Banker to the Poor”- by MUHAMMAD YUNUS- by LG 9 ABOUT THE AUTHOR: Prof. Mohammed Yunus is a Bangladeshi banker and economist. He previously was a professor of economics where he developed the concept of microcredit. These loans are given to entrepreneurs too poor to qualify for traditional bank loans. Yunus is also the founder of Grameen Bank in 2006; Yunus and the Grameen bank were jointly awarded the Nobel Peace Prize‚ “for their
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[Year] Ten Successful Business Entrepreneurs in Bangladesh Report on: Ten Successful Business Entrepreneurs in Bangladesh Report on: Course Title: Business Communication Name | ID No | Roni kumar Ghosh(GL) | | Badhon Sarker | | MD.Arshadul Haque | | MD.Mashiur Rahman | | MD.Sajjad Hossain | | Fatema Begum | 102-11-1556 | Submitted to Mohammad Shibli Shahriar Assistant professor Daffodil
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money to the poor that cannot offer up any collateral for a traditional bank loan. The structural adjustment programs were pushed by international lending agencies such as the International Monetary Fund. Microcredit programs were established by Muhammad Yunus in his hometown Bangladesh. It is believed that both of these programs are made to help out these countries but one of them actually ended up doing more damage. The International Monetary Fund advanced loans to countries only when they could
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Bangladesh Grameen Bank Bangladesh Grameen Bank (Grameen) is an important phenomenon of modern times. The brainchild of Dr. Mohammed Yunus‚ a US educated professor who came to teach at Bangladesh’s University of Chittagong‚ Grameen is the pioneer of Microfinance. Microfinance‚ a lending practice for the poorest of the poor‚ which was conceptualised by Dr. Yunus in the course of his field work with his students in Bangladesh‚ has now spread across the world (Holcombe‚ 1995‚ p 4 to 13). The poor
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1. Introduction The aim of the following paper is to value the impact that microcredit’s have as an instrument against Poverty. It presents the international impact that microcredits have had. The international community has realized that it is necessary to bring resources to the neediest people. The figure of microcredit has a double function: it generates social benefits and teaches people to understand that their work can improve their standard of living. As popular or innovative can
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BULDING SOCIAL BUSINESS Social business is a non-loss and non-dividend company dedicated entirely to achieve a social goal. Muhammad Yunus‚ a Bangladeshi banker. Economist‚ founder of Grameen bank and Nobel Peace Prize recipient explains in his book what social business is and how it can help the development of our communities. Yunus‚ previously was a professor of economics where he developed the idea and concepts of micro-credit and micro-finance. In the early seventies‚ Bangladesh was in a terrible
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