May 9, 2009 — Congratulations to Peter Bladin, the Founding Director of Grameen Technology Center, for his promotion to Executive Vice President for Programs and Regions of the Grameen Foundation. (link)
April 23, 2009 (Reuters) – Nobel Peace Prize winner Muhammad Yunus, known as the “banker to the poor” for making small loans in impoverished countries, is now doing business in the center of capitalism — New York City. (full article)
April 19, 2009 (China Daily) After teaming up with Grameen Group in March 2006 for a social business enterprise joint venture in Bangladesh, French food behemoth Groupe Danone has again joined hands with the Bangladesh-based group. But this time, it’s about non-profit microfinance to the poor in China. (full article)
2008 brought new platforms, new techniques, and new ideas into microfinance. Here are some of the very best.
Feb 5, 2009 — Muhammad Yunus of Bangladesh, a Nobel Peace Prize winner for pioneering a micro-lending model for the world’s poorest to engage in business, said Thursday his formula can also help recession-racked American families escape poverty.
“This is the right time to come here,” Yunus declared as he sought $2 million in seed money to [...]
At a time when some banks are shrinking because of high loan default rates, Grameen America has experienced an astounding 99.5 percent loan repayment rate in its first year of business and is expanding to make even more small loans to low-income U.S. residents. (full article)