Yunus .
Muhammad Yunus . Muhammad Yunus , Nobel Peace Prize winner.
Muhammad Yunus , and people were talking in such grand terms about how microfinance is going to end poverty and all that.
Muhammad Yunus said, social business we can actually care about meaning and work.
Mohammad Yunus likes to say that by the end of the 21st century poverty will be something that we only see in museums, that it will be something people look back and say, “Gosh
In the Yunus model, you're a bank and you loan me $200.
They included Muhammad Yunus , one of the Nobel Peace Prize winners, and also Sanjay Gupta from CNN.
This is Muhammad Yunus .
And Muhammad Yunus had won the Noble Peace Prize.
The genius of what Yunus did was not to invent micro credit, but to figure out how to use it on an enormous scale.
There's this guy named Doctor Muhammad Yunus , who came to campus.
It's so against what Muhammad Yunus originally said.
Then a crazy guy named Muhammad Yunus said what if we give money to people who have nothing.
We were founded in 1997 through the work of Muhammad Yunus , a Nobel Laureate for his work as the father of microfinance.
And so one of the social businesses that Yunus social business started is called Savco Millers, which takes plastics that will be otherwise in landfill
What Yunus did was figure out that the women did have collateral and he found a way to shift the transaction cost of determining credit worthiness from the
And if you listen to someone like Muhammad Yunus , he will tell you this as well, that handouts are not as good as hand ups.
So, when I heard about what Muhammad Yunus had done and this, kind of, incredible invention called microfinance, I tried to direct all my studies towards that.
Let's go back to the 1970s and look at what Muhammad Yunus did in Bangladesh with Grameen Bank. Yunus did not invent the idea of tiny loans to tiny entrepreneurs.
my knowledge of microfinance was a book written by Dr. Yunus .
There were destitute people roaming the streets starving, and Muhammad Yunus wanted to do something to help.
Peter Kim actually came up with this idea of social business and actually kind of stole the term from Muhammad Yunus .
of Kiva which was, in that month, Muhammad Yunus won the Nobel Peace Prize for his pioneering work in microfinance, heís the founder of the Grameen Bank, they reach over 6 million
for example Axion in Brazil, were already doing this although I'm sure Yunus didn't about it at the time.
Basically, our water credit model is really repurposing the concepts of microfinance that were pioneered by Muhammad Yunus , for which he won the Nobel Prize.