Unitus Leadership Summit 2007 With Global X of Social Edge

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Freeing Up Capital - Muhammad Yunus (Grameen Bank)
Date: 2/5/2008
Length: 7 minutes
Speaker(s): Muhammad Yunus
Sources: Stanford Technology Ventures Program
Description: Muhammad Yunus, founder of the Grameen Bank, never aspired to work as a banker. While he was teaching economics in Bangladesh, his country was in the middle of a famine. After speaking to many small business owners, Yunus realized
that these small businesses could not get access to fair loans to start their own enterprises. His idea was to start a microlending program to free the poor entrepreneurs from usury and give them access to the capital they needed to get
started.

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