Weekly Roundup

Fri, 2014-02-07 07:00
This week's roundup delves into the significant growth of microfinance, and a new way to look at progress in the fight against poverty. At the World Economic Forum in Davos, Grameen America Board Chair Muhammad Yunus discusses how to take philanthropy to the next level alongside Sir Richard Branson and Bill Gates.
  • The International Finance Corporation (IFC) estimates that microfinance has reached some 130 million people worldwide in the last 15 years. This growth is expected to continue in years to come. Even so, there is progress to be made: the World Bank estimates that some 2.5 billion adults still lack access to financial servicesRead the article here.
  • A recent article in the The New Yorker explains that when measured properly, the poverty rate has fallen dramatically since the mid-1960's. According to a new study by a group of economists at Columbia University, it has dropped by forty percent.
  • At the 7th Philanthropic Roundtable in Davos, Grameen America Board Chair Muhammad Yunus explained that there is a need to bring human identity back to the business, defining it as something thatwill not do harm to people, will not do harm to planet, will not exploit people, will not have corruption, no deception.” Watch the video here:
Grameen America Board Chair Professor Yunus speaks at Davos Philanthropic Roundtable


Tweet With Us

Recent Stories

FOR IMMEDIATE RELEASEMay 23, 2018, New York—Grameen America has received a $100,000 grant from Synchrony, building upon the three-year relationship... read more
Ricaida has been learning about much more than business and savings at her weekly Grameen America center meetings—recently she came home with a... read more
Four years ago, Ana was a new mother again and needed work that would give her flexibility and freedom. Her infant daughter was having trouble with... read more