Tag: Muhammad Yunus
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“Is charity the wrong approach?” David Robinson
Defeating Global Poverty (David Robinson): Is charity the wrong approach? Muhammad Yunus, the recently announced 2006 Nobel Peace Prize winner and founder of the Grameen Bank in Bangladesh, did an interview that was recently published in Ode Magazine. Here are a few of his quotes: "What all these pop stars and politicians want, is the…
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Micro-Finance: A Way Out of Poverty
From the Acton Commentary: Micro-Finance: A Way Out of Poverty The Norwegian Nobel Committee actually gave two awards for economics this year. The Committee gave the Peace Prize to an economist for achievements in practical economics. No, the Committee didn’t exactly say that, but in honoring Muhammad Yunus and the Grameen Bank, the 2006 Nobel…
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Microfinance now successful way to combat poverty, says church ‘bank’
From the Presbyterian News Service: Microfinance now successful way to combat poverty, says church ‘bank’ GENEVA — Oikocredit, an international church-supported microfinance institution, has approved more than 100 million Euro ($125.6 million) worth of credits in the first 10 months of 2006, a record, it said, in reaching out to poor people often excluded by…
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Nobel Peace Prize goes to Bangladeshi economist Muhammad Yunus
From Asia News: Nobel Peace Prize goes to Bangladeshi economist Muhammad Yunus. Those of you who have followed my blog for any time are aware of my interest in micro-finance. My link to Kiva in the right blog column is just one organization involved in micro-finance. This article is about the founder of the micro-finance…