Microcredit Small things = big changes. Loans of small sums of $ to help people get our of extreme poverty Pinoeered by Muhammed Yunus (Noble Peace Prize.

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 Born in Bangladesh on June 28, 1940, Chittagong.  Economics lecturer at Chittagong University  Established Grameen Bank a Microfinance model followed.
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Presentation transcript:

Microcredit Small things = big changes

Loans of small sums of $ to help people get our of extreme poverty Pinoeered by Muhammed Yunus (Noble Peace Prize winner!) Created the Grameen Bank in Bangladesh First loan was $27 to 40 people in 1972 By 2007 the bank had loaned > $6.5 Billion…. Most loans are < $50 Loans must be paid back within 1 year 97% of borrowers are women Canada spends ~$32 million annually on microcredit

 Muhammad Yunus Interview Muhammad Yunus Interview  Social Business Social Business

Assignment:  Create a profile of Dr. Muhammad Yunus, focusing on his work with the Grameen Bank  In the profile include information with subtitles about: The IssueName NationalityEducation Major InfluencesCareer AchievementsCriticisms RecognitionImpact Legacy

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