Nobel Laureate Professor Muhammad Yunus continued his week in New York addressing the special session on Haiti at the Clinton Global Initiative participated by President Clinton, Mr Laurent Lamothe, Prime Minister of Haiti. Professor Yunus is a member of Presidential Advisory Council of Haiti which is created to advice Haiti's President Martelly on economic and social affairs of Haiti. Through his Global Initiatives arm "Yunus Social Business", Professor Yunus has launched eight social business projects in Haiti. Ten more are in the pipeline waiting to complete the final preparations for launching.
An agreement was signed at the conference between Professor Yunus and the Minister of agriculture of Haiti allocating ten thousand hectares of Government land to the Yunus Social business for using in reforesting of Haiti.
Also Haiti Social Business Fund, founded by Professor Yunus signed an agreement with Deutsche Bank to receive a loan of one million dollar. This adds to the existing 5 million dollars that the Fund has for investment in new social businesses in Haiti.