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Social Business to End Poverty: UAE |
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Muhammad Yunus calls for social business to end poverty
United Arab Emirates: Sunday, April 13 - 2008 at 19:23
Muhammad Yunus, founder and MD of micro-credit bank Grameen has called for more emphasis on social businesses that help the poor. 'Take off your profit maximising glasses and put on your social business glasses and the world will look so different,' he told delegates at the International Islamic Finance Forum today in Dubai. Social business, he said, is more than just CSR programmes and can help people climb out of the poverty trap. In Bahrain, Grameen is involved in a government-backed micro-credit bank being launched called Family Bank. Similar schemes are now available around the world, including Jordan, Yemen and Lebanon.
source: http://www.ameinfo.com/153223.html
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