Opening speech by Muhammad Yunus Washington, February 2, 1997. As we assemble here, I ask myself, What is the Microcredit Summit about? Is it another Washington gala event ? Personally to me it is an emotional event. Like me, there are many here today for whom it is......
"I am thrilled to see such a turnout for this Summit,which is one of the most important gatherings that we could have anywhere in our world." --Hillary Rodham Clinton (First Lady, United States)Over 2,900 people, representing 1,500 organizations from 137 countries, atte...
1.0 Â Nobel Peace Prize, 2006 Â Â October 13, 2006 was the happiest day for Bangladesh. It was a great moment for the whole......
Grameen and Group Danone went into a joint venture to create a yogurt fortified with micro-nutrients to decrease malnutrition for the children of Bangladesh. The yogurt is produced with solar and bio gas energy and is served in environmentally friendly packagi...
Grameen and BASF went into a joint venture because there are area's in Bangladesh where there is a high risk of catching Malaria (58K newly infected in 2007). The product created is a mosquito net to protect against malaria, which that families would sleep und...
In 2001, GB established the Prevention of Cataract Blindness Project, which has now become the Grameen GC Eye Care Hospital in Bogra as a social business. A second Eye Care Hospital has now been built in Barisal, in southern Bangladesh, which began operating in April 20...
Background
Nature has bestowed the blessing of abundant fresh water on Bangladesh, in the form of numerous groundwater resources that are not too deep and are therefore easy to exploit. Nearly 8 million wells were bored during the 1970s and 80s, which now give almost 9...
Grameen Healthcare Trust (GHT) is a not for profit organization created by the Nobel Laureate Professor Muhammad Yunus, the founder of Grameen Bank, established under Trust Act of Bangladesh. GHT was established with goal of helping to develop the health sector in ...
Business objective will be to overcome poverty, or one or more problems (such as education, health, technology access, and environment) which threaten people and society; not profit maximization.
Financial and economic sustainability
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Extending the Success of the Principles of Microcredit to Health Care Delivery
Mission and Overview
The Grameen Bank and other microcredit programs have proven that bottoms-up business models can enable the poor to lift themselves from poverty and are sustainable. ...
