Sunday, April 5, 2009

Social Entrepreneurship

Here's a topic that's been on my mind an aweful lot lately,
Social Entrepreneurship.

Do a search on social entrepreneurship and the results will undoubtedly yield this name: Muhammad Yunus.

Known as the "banker to the poor," Yunus, winner of the 2006 Nobel Peace Prize, has helped people rise above poverty by giving them small, usually unsecured loans through his Grameen Bank.

Now Yunus has written about his next big idea in Creating a World Without Poverty: Social Business and the Future of Capitalism. He calls his vision "social business" — a model where entrepreneurs can apply their creative, social and altruistic vision to the world's most pressing problems, such as poverty and homelessness.

From Wikipedia, the free encyclopedia For the Indian diplomat, see Mohammad Yunus (diplomat).Muhammad Yunus, (Bangla: মুহাম্মদ ইউনুস, pronounced Muhammôd Iunus) (born 28 June 1940) is a Bangladeshi banker and economist. He previously was a professor of economics where he developed the concept of microcredit. These loans are given to entrepreneurs too poor to qualify for traditional bank loans. Yunus is also the founder of Grameen Bank.

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NPR