Nobel Laureate, Dr. Muhammad Yunus is on a short book tour for his new book, Building Social Business: The New Kind of Capitalism That Serves Humanity’s Most Pressing Needs.
Professor Yunus established the Grameen Bank in Bangladesh in 1983, fueled by the belief that credit is a fundamental human right. His objective was to help poor people escape from poverty by providing loans on terms suitable to them and by teaching them a few sound financial principles so they could help themselves.
From Dr. Yunus’ personal loan of small amounts of money to destitute basketweavers in Bangladesh in the mid-70s, the Grameen Bank has advanced to the forefront of a burgeoning world movement toward eradicating poverty through microlending. Replicas of the Grameen Bank model operate in more than 100 countries worldwide.
Different than for profit investment for the benefit of social causes, Dr. Yunus introduced the notion OF “social business” in Creating a World Without Poverty: Social Business and the Future of Capitalism.
His current book expands on that notion, making his tour an interesting opportunity to converse and question.
The tour kicks off his Friday in D.C.
Date: Friday, May 14, 2010
Time: 8:30 am-10:30 am
Location: Ronald Reagan Building and International Trade Center/Atrium Ballroom
1300 Pennsylvania Avenue, NW, Washington, DC 20004
Further information here.