Tag: Muhammad Yunus
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The Gender of Money
Wall Street Journal: The Gender of Money When it comes to finances, women and men are alike in one way: According to a recent survey of married couples, about one-third of respondents said they had lied to their spouse about money–hiding purchases, keeping secret accounts or lying about their earnings. Men and women were equally…
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What’s Better For Helping The Poor — Greed Or Charity?
NPR: What's Better For Helping The Poor — Greed Or Charity? Listen to the podcast here. Say you want to make loans to millions of poor women in the developing world, to help them climb out of poverty. Is it OK to raise money from rich investors, who expect to make a profit? Muhammad Yunus,…
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Can microfinance be both moral and profitable?
Fortune: Can microfinance be both moral and profitable? FORTUNE — There's a debate brewing in the world of do-gooder banking, pitting the father of microfinance Muhammad Yunus against a few entrepreneurs who have put an unlikely spin on Yunus' model of lending to the poor. Earlier this week, India's biggest microlender, SKS Microfinance Ltd., made…
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Seattle center develops tech for poor people
Computerworld: Seattle center develops tech for poor people The first question many people asked when Nobel Peace Prize winner Muhammad Yunus proposed the Village Phone idea was: Who will they call? Village Phone is the project that turns primarily poor women in developing countries into entrepreneurs by offering them micro-loans to buy a cell phone…
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Father of microloans sees end to poverty
Seattle Post Intelligencer: Father of microloans sees end to poverty Envision a world with poverty museums — places where children would go to learn of a dismal way of life extinct, of malnourishment, illiteracy and premature death. When 2006 Nobel Peace Prize winner Muhammad Yunus mentioned the concept Tuesday in speeches at the Microsoft campus…
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The Business of Global Poverty
Harvard Business School Working Knowledge: The Business of Global Poverty According to the World Bank, nearly half the world's population—some 2.8 billion people—subsists on $2 a day or less. The number of people living in poverty at the bottom of the wealth pyramid, versus the relative handful at the pyramid's peak, represents what is potentially…