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The Most Influential Business Thinkers |
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Written by Klaus Kneale, Forbes.com
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Oct 25 2009 |
Experts rank management consultants and economists among the most respected gurus.Corporate strategy sage C.K. Prahalad is the most influential management thinker in the world, according to the Thinkers 50, a biennial ranking of business gurus. Prahalad, who serves as the Paul and Ruth McCracken distinguished university professor of strategy at the University of Michigan's Ross School of Business, tops the list for the second time running.
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'Father of microcredit' laments unreformed banking sector |
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Oct 18 2009 |
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Agence France-Presse Bangladesh's "banker to the poor" says the world has missed a golden opportunity to help the neediest people on the planet with a redesign of the financial system in the wake of the global economic crisis. Nobel laureate Muhammad Yunus, who along with his Grameen Bank won the peace prize in 2006 for his work in Bangladesh, said leaving the world's banking system in more or less the same state would not help the poor.
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Nahyan signs a memorandum of understanding with Muhammad Yunus |
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Written by WAM Emirates New Agency
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Oct 13 2009 |
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Abu Dhabi, Oct 12th, 2009 (WAM): HE Sheikh Nahyan Mubarak Al Nahyan Minister of Higher Education '&' Scientific Research, President of Zayed University, signed yesterday with Bangladesh's Nobel Peace Prize winner, economist Professor Muhammad Yunus, Chairman of Yunus Centre, a memorandum of understanding for a period of 5 years between Zayed University and Yunus Centre, to promote mutual understanding and cooperation in areas of common interest in education, research, information gathering and action planning so as to deepen an understanding of each other's cultures.
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10 Questions for Muhammad Yunus |
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Oct 11 2009 |
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Do you think it is ethical to charge the poor interest and make a profit out of it? —Hasan Iqbal, Sundsvall, Sweden In Bangladesh, Grameen Bank charges the lowest rate among all microcredit programs, and yes, we make a profit. But Grameen Bank is owned by the borrowers, so when we make a profit it goes back to the borrowers as dividends.
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Grameen Trust and Fundacion Carlos Slim Launch the $45 Million Grameen Carso Microfinance Program |
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Written by MicroCapital Team
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Oct 01 2009 |
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Micro Capital Press Release NEW YORK, September 24 - Grameen Trust and Fundacion Carlos Slim A.C., the family charitable foundation of Mexican businessman Carlos Slim Helu, have officially launched the Grameen Carso. The official documents have been signed and the operation is off to a strong start, first in Oaxaca and then throughout Mexico. As of September 19, 2009, Grameen Carso has 265 members of which 195 have received their first loan. The project has disbursed a total of US$49,620.00 and the average loan size is $267.00. Grameen Carso has been able to maintain a 100% recovery rate, working 100% with women borrowers.
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