Mohammed Yunus of Grameen Bank Uses Influence to Encourage the Indian Congress to Open a Nonprofit Microcredit Institution

Mohammed Yunus, head of Grameen Bank and 2006 Nobel Peace Prize recipient, attended a two-day international conference in New Delhi, India on Mahatma Gandhi’s Satyagraha (nonviolence movement) centenary with Sonia Gandhi, India’s chief of Congress. In a conversation between the two, Mr. Yunus expressed his desire to promote microfinance institutions for women in India and for the Indian Congress to head it. Ms. Gandhi has not officially agreed, but party insiders report a positive reaction.


Continue reading “Mohammed Yunus of Grameen Bank Uses Influence to Encourage the Indian Congress to Open a Nonprofit Microcredit Institution”

Similar Posts: