Tuesday, January 15, 2008

Muhammad Yunus

John Tepper Marlin at HuffPo writes about the Ashoka Foundation's Social Entrepreneurship Series of inspiring videos. They both focus extensively on Muhammad Yunus, legendary Nobel Prize-winning founder of the Grameen Bank, the $1B microlender that empowers entrepreneurs in developing nations.

I was lucky enough to hear Yunus speak recently about his new book, Creating A World Without Poverty: How Social Business Can Transform Our Lives. For an incredibly accomplished man of such diverse and international endeavors, he speaks in an unbelievably down-to-earth tone; as Marlin writes, Yunus speaks incredibly humbly about launching the Grameen Bank. The very phrase "social business" is so simple and plainly descriptive that we will hereby adopt it to describe businesses that address social problems.

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