Muhammad Yunus, Nobel Peace Prize Laureate, Founder, Grameen Bank
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Uploaded by clintonfoundationorg on Nov 4, 2009
How can we empower people to lift themselves out of poverty? This is one of the questions members of the Clinton Global Initiative (CGI) work to answer when they convene in New York each fall for CGI's Annual Meeting. Nobel laureate Muhammad Yunus, who has revolutionized the way banks provide financing to the poor, believes that microlending, supported by key corporate partnerships like those he has formed through CGI, can foster financial education and economic opportunity.
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Grameen bank needs autorization and reform from the federal level of government in being allowed to collect deposits on a local level. That should be the top priority in introducing micro-finance into America.
saadmanh 2 years ago
We need this initiative here in the USA, to offer entrepreneurship services to prospective small businesses. The SBA is dead in the water, and commercial banks are looking to back going businesses and established corporations. Our national self-identification as entrepreneurs is a 20th Century myth. It can be a 21st Century reality only if we adopt different mindsets and paradigms.
voyeurdug 2 years ago