Original source: SimoleonSense.com .
The first minute of this talk is very inspiring,
“Here in New York Grameen Bank have people borrowing from us using micro finance and repaying 100% with out any lawyers or complicated due diligence, while across the island in the financial district we have the world’s largest banks with armies of lawyers and they are melting away”
Summary (Via Fora.TV)
Microcredit pioneer and Grameen Bank founder Muhammad Yunus shows how he believes the social business model can harness the entrepreneurial spirit to address poverty, hunger and disease. Yunus shows how social business has gone from being a theory to an inspiring practice, adopted by leading corporations including BASF, Intel, Danone, Veolia and Adidas, as well as entrepreneurs and social activists worldwide.
He demonstrates how social business transforms lives; offers practical guidance for those who want to create social businesses of their own; explains that public and corporate policies must adapt to make room for the social business model; and claims that social business holds the potential to redeem the failed promise of free-market enterprise.
Social Entrepreneurship in America is a special series featuring leading innovators and pioneers utilizing entrepreneurial passion and rigor to solve societal problems.
Click Here To Watch Video: Microcredit Pioneer & Grameen Bank Founder Muhammad Yunus
- Video: Muhammad Yunus – Creating A World Without Poverty
- Bank For International Settlements On Complexity And The Financial Crisis
- Bank Lending During the Financial Crisis of 2008
- Crisis Resolution and Bank Liquidity AKA: Fire Sales, Foreign Entry and Bank Liquidity
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