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Muhammad Yunus - Grameen Bank

Global X has had many chats with Muhammad Yunus, but most of the time when the 2006 Nobel Peace Prize laureate was talking to other interesting people, such as Peter Gabriel, Pamela Hartigan, Vera ...  
 
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djazairy1986 (1 month ago) Show Hide
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riba is harammmmmm !!!
mariacwhittaker (1 month ago) Show Hide
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why are the interest rates so high?
TheJohannes1982 (2 weeks ago) Show Hide
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the information costs and risks are much higher than in the commercial credit lending. Therefore many commercial banks are not working in the area of microcredits. The interest rates capture these costs.
lukegordonharris (1 week ago) Show Hide
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Not sure if you've gotten an answer to this yet, but as I understand it it's because of the fees required to administer a loan - a loan takes say, $200 to set up - this fee doesn't change no matter how large or small the loan. $200 is a small percentage of a large loan, but it's a huge percentage of a microloan. Thus the higher interest rates are needed to cover costs. (Keep in mind the average microloan is like, $500)
ASeasonedWitch (2 months ago) Show Hide
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Dr. Yunus may be a true saint.

Got to thinking it's nice that a brown person is taking the lead instead of a white person. I'm a white person and I get tired of seeing the nice white people running around trying to help the brown people.

Don't get me wrong - we all need to help each other out to bring peace and justice to people everywhere!!! But it's refreshing to see a leader from the area taking charge. Peace and love to all.

I love Dr. Yunus.
hamidmushtaq (2 months ago) Show Hide
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lending money to the poor with 20% interest is amazing!!! ya right!
ASeasonedWitch (2 months ago) Show Hide
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This is good news. Media are you listening? Why not plaster this across front pages for a month rather than war and hate??? I'd bet the whole world changes OVERNIGHT seeing some GOOD NEWS for a positive change.
mehedihassancse (5 months ago) Show Hide
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Mother fucker! You know nothing about him u moron! He havent made any profit from Grameen Bank. All profit goes to the Grameen Bank Fund. And then from this Fun , Grameen Bank give the load to poors. Prof. Dr. Younis just like an employee now. And he dont even have a good car to use, and a good house to live. Mother fucker, for more information, he dont have any Air Conditioning system even in his Car and home!....so be careful to treat a man like him...Pussy Sucker!!
hamidmushtaq (2 months ago) Show Hide
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Mehedi Hassan, From your name, I can see that you are a muslim. Tell me one thing, Is Bank Interest allowed in Islam? And this man charges 20% interest, is this good? In Quran, it is written that usurer will burn in hell forever! so don't glorify usurers!
mobourgea (7 months ago) Show Hide
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Muhammeed Yunus will be at the 92nd street Y on April 19.

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