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This encounter led the former management consultant, Bruysten, to visit some of Muhammad Yunus' social businesses in Bangladesh. Bruysten then started setting up Grameen Creative Lab with a German entrepreneur, where her former BCG colleague Sophie Eisenmann later joined. In 2011, the trio agreed to co-found Yunus Social Business beyond Bangladesh.
Grameen Bank (Bengali: গ্রামীণ ব্যাংক) is a microfinance, specialized community development bank founded in Bangladesh. [ 5 ] [ 6 ] It provides small loans (known as microcredit or "grameencredit") [ 7 ] to the impoverished without requiring collateral .
Business and economy Ally Financial, the company formerly known as General Motors Acceptance Corporation, announced in a filing with the Securities and Exchange Commission that the U.S. Treasury Department will be selling some of Ally's preferred securities. This is part of the unwinding of the Treasury's investment in the auto industry as a result of the 2008 financial crisis. (Bloomberg ...
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Grameen America presentation. Grameen America was founded upon the belief that Grameen Bank's microfinance lending system could succeed in urban America as it had in Bangladesh. Professor Yunus believed that microfinance should be put to work in the capital of international finance, New York City, in which a segment of the population do not ...
Police used tear gas and flash-bang grenades Monday to halt a march against building an Atlanta-area police and firefighter training center that opponents call “Cop City.” More than 400 people ...
Grameen Danone Foods was launched in 2006 as a joint venture between Grameen Bank and the French food company Groupe Danone. Grameen Danone's first product is a fortified yoghurt, branded Shoktidoi, which is designed to provide children with many of the key nutrients that are typically missing from their diet in rural Bangladesh.
CreditAccess Grameen (CA Grameen) was established in 1999 by Vinatha M. Reddy, who was inspired by the book “Give Us Credit” by Alex Counts, President & CEO of Grameen Foundation USA. Reddy, who was then running an NGO — "T Muniswammapa Trust", managed to obtain a US$35,000 grant from the Grameen Foundation to create a replica in India.