Muhammad Yunus – The Social Business Model

Filed Under (Loans) by admin on 07-09-2010

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Complete recording at: fora.tv Muhammad Yunus, philanthropist Peace Prize succeeder and originator of The Grameen Bank, explains his “social business” model, a organisation for addressing ethnic issues finished entrepreneurship. This information was transcribed in render cooperation with the Commonwealth Club of Calif. and Link TV. —- Muhammad Yunus, philanthropist Peace Prize succeeder and originator of The Grameen Bank, speaks most his newborn aggregation Creating a World Without Poverty. Muhammad Yunus is originator and managing administrator of the Grameen Bank, ingrained in Bangladesh in 1983. Dr. Yunus supported the slope with the neutral of serving slummy grouping carelessness from impoverishment by providing loans on cost fit to them and by doctrine them a some good principles of assets so they crapper support themselves. The Grameen Bank has modern to the perspective of a burgeoning concern shitting toward eradicating impoverishment finished micro-lending and its support has been replicated in over 100 countries worldwide. In 2006, Dr. Yunus was awarded the philanthropist Peace Prize for his impact with the Bank.

Comments (25)

What an inspiration. We need more optimizing people in this world to empower others and end poverty and despair. In production now is a documentary of one of the pioneers of micro-financing and one of its finest success stories:

Mary Aloe Producer to executive produce Obama Documentary about his mother (a micro finance pioneer) with prestigious director Charles Burnett.

This man is from one of the UNDERdevelopt countrys of the World but he make Bangladesh developt!

Try to do social business in your town!

Hi @RaySquirrel, that sounds great. What is your SB model like? I would love to learn more about it. Cheers, Patrik

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@666norton420 Same with me. Only I’m doing it the other way around. Making a movie to start a social business, so I can have the money to make a series of movies.

personally, i’ve written a movie series, so i might one day makes an assload of money and start a “social business”.
we all must ry tand do our part.
;d

VEry nice effort.s… Good Luck with mr. Muhammad Younas…

overpopulation is the cause of pollution and now we feed the poor in order to make them recruitable for the corporate. It looks like we grow our children to serve the corporate which at the end pollute and consume all the resources of the Earth.A profit maximisation can be reach also by feeding and maintaining healthy the majority poor uneducated but potential cheap labour for the corporate, isn’t it?…this is total paradox.

@bogsider16

Why are the rich still trying to “maximize profits” when they could spend all that money on such projects? Your real world, which you seem to love so much sucks as hell my friend.

@MrsUpde3

It can definitely work, but people (especially the rich) are too greedy.

Excellent ideas, if everyone thought like Mr. Yunus the world would become a Paradise without poverty and wars.

Truly amazing. If only it could work that way!

Hi everyone,
I work for ClearlySo, the global hub for social business and enterprise, commerce and investment.
We have a jobs board specifically aimed at people who want to work for social business and enterprise its one of our most popular pages and at the moment there are 106 jobs listed on it, including:
Marketing Executive at WRAP (UK)
or
HR & Development Officer at Sustrans (UK)
Hope you find it useful,
Thomas and the ClearlySo team

The most useful question ever, is

What is the underlying law of nature?

Be among the first to identify, understand and apply its answer. Why?

1. It is the way of all things. (observable)

2. It is the basis and absolute reference frame of the principles of thought, intelligence, communication and logic.

3. It made possible the formulation of these four principles.

4. Conscious use of these principles permit efficacy and efficiency to multiply in business.

Google it, as a start.

@qix2112 What makes Yunus’s theories different from socialism is that Yunus’s theories are an improvement on private enterprise. I do not like to call anything socialism unless it focuses on creating state-run monopolies.

If he can get it to work then all the more power to him. I’m saying we should focus on finding a way to make money out of making poor people less poor. If there is a buck to be made this way you get what decades of pleading for alms hasn’t, less poverty.

@omegavalerius That may be true, but the socialistic aspect is what makes Yunis’ ideas work. If we can get some aspects of socialism involved with the capitalistic U.S., than the U.S. can take advantages for their poorer class citizens, much like the porrer nations are now.

god bless this man !!!!! puuuure genius

eZdia team is a group of diverse individuals who have known each other for a long time and share the passion of creating a visionary knowledge platform. We want this knowledge platform to enable people from all walks of life to share their experiences, and learn as they go through different phases of life.

I believe in the moral mnagement of money.
Dr Yunus is a genius in a way that he could find a way to make this very simple idea work efficiently in a very large scale first in his own Bangladeshi society then in other countries.
you are a great man Doctor
deep respect

If we are to make progress we must make the connection between the underlying law of nature and the subject of Yunus’ talk.

pure genius

Muhammad Yunus idea of micro credits first given to Bangladeshi women and later on to the entire third world is nowadays well picked up by profit maximizing western banks, BECAUSE it is profitable for them. Try to get in literature of or about Muhammad Yunus and you will easily see that it is no dream world he has dedicated his life for. This is best practice for a solid basis of a peaceful co-existence of mankind.

I am sorry, but I cannot agree with you. Yunus received together with his Grameen Bank the Nobel Peace Price. So a mix of profitable and non profitable ventures really does have a bright future due to the economic instability in many poor countries. Furthermore, there is also something called love for your fellow people, maybe we should all think about that.

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