Daily Archives | Muhammad Yunus

Hillary Clinton Backs Dr. Yunus

May 7th, 2012

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Hillary Clinton, US Secretary of State has publicly backed Dr. Muhammad Yunus, the founder of modern microcredit in Bangladesh. He urged local authorities not to undermine the independence of Grameen Bank. “I don’t want anything that would in any way …

“Credit is not a Human Right”

April 19th, 2012

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Few years ago Dr. Muhammad Yunus asserted that credit should be elevated to the category of human rights to raise a sense of urgency regarding its implementation. A new work published by John Gershman and Jonathan Morduch, researchers at the …

Grameen Arrives to Scotland

March 23rd, 2012

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Muhammad Yunus, the creator of modern microfinance in India and Bangladesh, is planning to establish the first European branch of Grameen Bank. In an interview with The Scotsman he mentioned his plans to raise one million pounds to finance the …

“Yunus was right”: Vikram Akula

March 8th, 2012

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The founder of Indian for-profit institution SKS Microfinance, Vikram Akula, acknowledged that Dr. Muhammad Yunus was right when he mentioned the risks and challenges of bringing private capital into social enterprises. In 2011 Dr. Yunus wrote: “I never imagined that …

Due Diligence: An Inquiry into Microfinance

March 7th, 2012

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In a previous post we mentioned Due Diligence: An Impertinent Inquiry into Microfinance, the book of David Roodman, a research fellow at the Center for Global Development, praised by Dr. Muhammad Yunus as “the most consistent and articulate analyst of microcredit …

The Grameen Family

February 13th, 2012

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For most of us Grameen is only a bank established by Dr. Muhammad Yunus who created the modern version of microfinance in Bangladesh. It is amazing to discover that Grameen is a family of institutions. Most of them are not-for-profit …

Bonsai People: The Vision of Yunus

February 9th, 2012

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The documentary Bonsai People: The Vision of Dr. Muhammad Yunus will be screened in Los Angeles and New York in the next days. Directed by independent filmmaker Holly Mosher and originally released in 2010 the 79 minutes film examines Yunus’ …

Grameen Under Attack

February 2nd, 2012

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In May 2011, as we reported in our blog kandeofund.com, Dr. Muhammad Yunus was dismissed of his job as boss of Grameen Bank for political reasons. Yunus asserted that the movement was only a power grab orchestrated by the government …

Yunus to Seek Court Review of his Removal

January 6th, 2012

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As our readers know Doctor Muhammad Yunus, the father of modern microcredit, was removed from his position as managing director of Grameen Bank arguing that his appointment in 1999 without central bank approval was invalid. The authorities considered also that …

Microfinance Focus Special Edition

December 22nd, 2011

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At the Global Microcredit Summit 2011 in Valladolid Spain Microfinance Focus distributed a special print magazine that features columns, interviews and articles of experts and industry pioneers who present their points of view on relevant issues for the global microfinance …