Saturday, October 14, 2006

 

Microcredit: A Little Means a Lot

Three cheers for The Nobel Committee for awarding the Nobel Peace Prize to Muhammad Yunus, the Bagladeshi economist who founded the Grameen Bank. Grameen makes small loans (the average is $130) to rural Bangladeshis, most of them women, who use the funds to start their own small enterprises. Yunus has an ambitious mission: to end world poverty by helping the poorest of the poor improve their lives by creating sustainable businesses. So here's to Yunus for his grand vision, and here's to The Nobel Committee for recognizing that peace is intricately related to economic independence!

Comments:
Listen to what Muhammad Yunus has to say about his experiences and help us take this message to more people around the world.

Ashoka: Inovators for the Public - www.ashoka.org - just launched an ambitious subtitling project with dotSUB (www.dotsub.com/nobel), a new site that lets you translate films line by line. The plan: volunteers translate one video on Muhammad Yunus and one on Ashoka founder Bill Drayton into 100 languages in time for the Nobel ceremony on December 10th. Go on, translate a few lines (www.dotsub.com/nobel)and learn more about what this Social Entrepreneurs have done. You will be giving people all around the world the opportunity to enjoy and learn from this videos...
 
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