Event Name: Toronto International Microfinance Summit 2016, Muhammad Yunus and Social Business: What is the Opportunity for Indigenous & Underrepresented Communities?
Event Date: September 29, 2016
Event Location: Royal Canadian Military Institute, 426 University Avenue, Toronto, Canada
Nobel Peace Prize winner Dr Muhammad Yunus reportedly announced in June 2013 a new partnership between the Grameen Foundation, a US-based nonprofit of which Yunus serves is a board member, the Grameen Bank, a Bangladesh-based microfinance institution (MFI) founded by Dr Yunus, and Brazil Foods (BRF), a Brazil-based food production and processing company, to offer an unspecified amount of money through microfinance loans to small businesses in Haiti that are engaged in the production of genetically-modified organisms (GMOs), particularly in the poultry industry [1,2].
The African Development Bank (AfDB), a multilateral institution that provides loans and grants to governments and private companies in Africa, and Yunus Social Business (YSB) Global Initiatives, a Germany-based company that aims to fight poverty by promoting businesses that solve social problems, recently announced that they have established the Holistic Social Business Movement (HSBM).
Grameen Bank founder and 2006 Nobel Peace Prize Winner Dr Muhammad Yunus recently announced the support of the Germany-based Yunus Social Business Fund for social businesses in Haiti through a mix of loans and equity.
Bangladesh Finance Minister A M A Muhith reportedly has announced that the national government “will form a commission to ensure ‘accountability’ of the Grameen social businesses run by Nobel peace laureate Muhammad Yunus.”
After a wait of several months, the government of Bangladesh reportedly has vetoed a suggestion made in 2011 by the board of Grameen Bank to task Dr Muhammad Yunus, founder of the bank, with finding a managing director for it.
Vikram Akula, the founder of Indian for-profit microfinance institution (MFI) SKS Microfinance Limited, reportedly acknowledged that Dr Muhammad Yunus was “right” about the challenges of “bringing private capital into social enterprise.”
Bangladeshi Prime Minister Sheikh Hasina has reportedly recommended the appointment of Dr Muhammad Yunus, founder of Grameen Bank, as the next president of the World Bank, an institution that provides loans to developing countries.
Dr Muhammad Yunus, the founder of Grameen Bank in Bangladesh, recently partnered with the Indian Institute of Management- Ahmedabad (IIM-A), a public business school, to pool a INR 50 crore (USD 10.1 million) investment fund for social ventures.
Event Name: Bonsai People: The Vision of Dr Muhammad Yunus
Event Date: February 10 – February 16, 2012
Event Location:
Laemmle’s Noho 7, 5240 Lankershim Boulevard, North Hollywood, California 91601 USA
The Quad 34, West 13th Street, New York, New York 10013 USA
The Okan University in Istanbul, Turkey, has launched the Muhammad Yunus International Centre for Microfinance and Social Business, which aims to contribute to poverty reduction and sustainable development by “promoting, developing and implementing social business ideas and projects” [1].
Nobel laureate Dr Muhammad Yunus reportedly has sought a review of the court decision that upheld his removal from his position as managing director of Bangladeshi microfinance institution (MFI) Grameen Bank.
The Rotarian Action Group for Microcredit (RAGM), the vehicle through which US-based service organization Rotary International conducts its microcredit activities, has recently announced that Dr Muhammad Yunus, the founder of Bangladeshi microfinance institution Grameen Bank, will be addressing the Rotary International Convention to be held in Bangkok, Thailand, from May 6 to May 9, 2012.
Dr Muhammad Yunus, the founder of Bangladeshi microfinance institution (MFI) Grameen Bank, recently argued that the Arab world has “misinterpreted the system’s true principles” by operating it as a “charity affair” [1].
Dr Muhammad Yunus, the founder and former chairman of Bangladeshi microfinance institution (MFI) Grameen Bank, recently offered guidance to the leaders of Nigeria’s microfinance banks (MFBs) relating to social mission, capital structure and interest rates.
Dr Muhammad Yunus, the founder of Grameen Bank, a nonprofit microcredit organization in Bangladesh, has officially resigned from his post as managing director in accordance with a ruling of the country’s Supreme Court [1].
Bangladesh’s Supreme Court has dismissed Dr Muhammad Yunus’ final bid to overturn the Bangladesh High Court’s ruling upholding the effort of the Bangladesh Bank (BB), the central bank of Bangladesh, to remove Dr Yunus from his position as managing director of Grameen Bank [1] [2] [3].
A recent probe by the government of Bangladesh has cleared Dr Muhammad Yunus, founder of Grameen Bank, of misusing Norwegian aid money. The Norwegian government previously cleared Dr Yunus of any allegations of mishandling funds following the release of a Norwegian documentary in 2010 that accused Dr Yunus of diverting approximately USD 96 million of aid money from Grameen Bank to Grameen Kalyan, a sister company of Grameen Bank that offers affordable health insurance to Grameen members.