Social innovations that improve the living standards of the poor (more)
Muhammad Yunus started a movement that has lifted millions out of poverty. When he formed the Grameen Bank in 1983 and started giving out microloans, Yunus bridged the divide between business and social needs. In this audio lecture, he describes how he created microcredit, collateral-free lending, and began offering other business services to the poor. Yunus lays out the path to his extraordinary vision and success, which is driving global social change.
The beginnings of the Bangladesh Rural Advancement Committee (BRAC) were fraught with uncertainty. Initially surviving entirely on donations, it has since earned back two pennies for every one it has spent on welfare activities, and is today the largest, self-reliant international NGO, employing more than 97,000 people. In this audio lecture, Fazle Hasan Abed reminisces about the organization's humble beginnings and shares the organization's achievements.
Professor Muhammad Yunus, 2006 Nobel Peace Prize winner and founder of Grameen Bank, changes traditional principles of banking by putting poor people's needs first. Today, Grameen Bank is a powerful organization that supports poor people by providing microloans, credits, and banking services. In this audio lecture, Yunus describes the reasons behind his philosophies and how they have led to the launch of new enterprises in various industries in Bangladesh.
Building Wealth: The New Asset-Based Approach to Solving Social and Economic Problems
Based in Silicon Valley, Kiva is an innovative social enterprise that uses the internet to connect lenders with small businesses around the world. In this audio interview, Jessica Flannery talks with Design for Change host Sheela Sethuraman about starting the organization, and reflects on some of the reasons for its rapid growth and success.
The World Bank's Global Environment Facility may be undermined by bureaucracy.
Microfinance is bringing the world's poor the kind of service that used to be reserved for bank customers in developed countries. Drawing on the work and philosophy of the 2006 Nobel Peace Prize winner Muhammad Yunus, Alex Counts talks in this audio lecture about microfinance's social and financial impact to an audience of Stanford MBA students.
