Social entrepreneur

Social Entrepreneur-
 Muhammad Yunus
Introduction : History
 Born in 28 June 1940
 A Bangladeshi banker, economist and
  Nobel Peace Prize recipient.
 He previously was a professor of
  economics where he developed the
  concepts of microcredit and
  microfinance.
 Yunus himself has received several
  other national and international honours.
Introduction : Social
Entrepreneur
   In 1976, during visits to the poorest households in the
    village of Jobra near Chittagong University, Yunus
    discovered that very small loans could make a
    disproportionate difference to a poor person.
   Jobra women who made bamboo furniture had to take out
    usurious loans for buying bamboo.
   His first loan, consisting of US$27.00 from his own
    pocket, was made to 42 women in the village, who made a
    net profit of BDT 0.50 (US$0.02) each on the loan.
   Accumulated through many loans, this vastly improving
    Bangladesh's ability to export and import as it did in the
    past, resulting in a greater form of globalisation and
    economic status.
History of his Venture
   The origin of Grameen Bank can be traced
    back to 1976.
   The Grameen Bank Project:
       - extend banking facilities to poor people,
       eliminate the exploitation of the poor by
       money lenders,
       - create opportunities for self-employment,
       - help disadvantaged women from the
       poorest households,
       - manage by themselves and allow them to
       break out of the cycle of poverty.
Impact of his venture
 Yunus founded the Grameen Bank with half
  the borrower being women.
 Today 97 per cent of the 7.5 million
  borrowers at the Grameen Bank are women.
 The bank plans to provide $176 million
  dollars in loans over the next five years,
  targeting the 28 million Americans who have
  no bank accounts and another 44.7 million
  who have limited access to financial
  institutions.
The End
Team members : Tan Jing Ming, Khant Oo
Maung, Ong Zheng, Samuel, Zhang Xing
Sources:
http://knowledge.insead.edu/csr/social-
entrepreneurship/muhammad-yunus-helping-the-less-privileged-
unleash-their-entrepreneurial-skills-1930
http://www.grameen-
info.org/index.php?option=com_content&task=view&id=19&Itemi
d=114
http://en.wikipedia.org/wiki/Muhammad_Yunus
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Social entrepreneur

  • 2. Introduction : History  Born in 28 June 1940  A Bangladeshi banker, economist and Nobel Peace Prize recipient.  He previously was a professor of economics where he developed the concepts of microcredit and microfinance.  Yunus himself has received several other national and international honours.
  • 3. Introduction : Social Entrepreneur  In 1976, during visits to the poorest households in the village of Jobra near Chittagong University, Yunus discovered that very small loans could make a disproportionate difference to a poor person.  Jobra women who made bamboo furniture had to take out usurious loans for buying bamboo.  His first loan, consisting of US$27.00 from his own pocket, was made to 42 women in the village, who made a net profit of BDT 0.50 (US$0.02) each on the loan.  Accumulated through many loans, this vastly improving Bangladesh's ability to export and import as it did in the past, resulting in a greater form of globalisation and economic status.
  • 4. History of his Venture  The origin of Grameen Bank can be traced back to 1976.  The Grameen Bank Project: - extend banking facilities to poor people, eliminate the exploitation of the poor by money lenders, - create opportunities for self-employment, - help disadvantaged women from the poorest households, - manage by themselves and allow them to break out of the cycle of poverty.
  • 5. Impact of his venture  Yunus founded the Grameen Bank with half the borrower being women.  Today 97 per cent of the 7.5 million borrowers at the Grameen Bank are women.  The bank plans to provide $176 million dollars in loans over the next five years, targeting the 28 million Americans who have no bank accounts and another 44.7 million who have limited access to financial institutions.
  • 6. The End Team members : Tan Jing Ming, Khant Oo Maung, Ong Zheng, Samuel, Zhang Xing Sources: http://knowledge.insead.edu/csr/social- entrepreneurship/muhammad-yunus-helping-the-less-privileged- unleash-their-entrepreneurial-skills-1930 http://www.grameen- info.org/index.php?option=com_content&task=view&id=19&Itemi d=114 http://en.wikipedia.org/wiki/Muhammad_Yunus