Muhammad Yunus – social business

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.

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.

Thank you ForaTv for the video.

Muhammad Yunus on 24 October 2011 in the Frankfurt School of Finance and Management at an event entitled “Microfinance: A brilliant vision of the stress test”. Part 1/4 – Skip video on 23:40 for English – and after continue on other parts.

Thank you opportunityorg for the video.