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Muhammad Yunus - Micro-Credit Financing for Beggars

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Uploaded by on May 1, 2008

Complete video at: http://fora.tv/2008/01/17/Muhammad_Yunus_Creating_a_World_Without_Poverty

Muhammad Yunus, Nobel Peace Prize winner and founder of The Grameen Bank, describes his successful micro-credit financing program catering to the unlikeliest of clients: street beggars. This program was recorded in joint collaboration with the Commonwealth Club of California and Link TV.

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Muhammad Yunus, Nobel Peace Prize winner and founder of The Grameen Bank, speaks about his new book Creating a World Without Poverty.

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.

In 2006, Dr. Yunus was awarded the Nobel Peace Prize for his work with the Bank.

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  • I Love this man. His method is used Social Work curriculum. People like him give me a little hope for the world.

  • i'd like to think that if more of this kind of thing were going on, there would be more accountabiltiy more help given to the people who could benefit, and less likelihood of illicit skimming of the funds meant to be given as aid.

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  • socialism in disguise

  • This kind of Man is very rare.. the way he talk and by the looking in his eyes he is a good man.

  • He is a great man! Everyone thinks about Rich people but no one thinks about Poor people. Everyone is becoming selfish.

    His Idea is good! Should be given a try by everyone!

  • you r the man

  • man I've become a fan of that guy

  • I loved it

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