One Young World Delegates Meet Professor Muhammad Yunus

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A team of the Bangladeshi delegates for One Young World Summit 2013 assembled at Yunus Centre to meet Nobel Laureate Professor Muhammad Yunus.

One Young World founded in 2009 by David Jones and Kate Robertson, is a London-based charity that gathers together young people from around the world, helping them make lasting connections to create positive change. They stage an annual four day long Summit where young delegates, backed by the One Young World Counselors  debate and formulate solutions for the pressing issues the world faces. No youth-dominated event outside the Olympic Games brings together more countries than One Young World. At the 2010, 2011 and 2012 Summits delegates were guided by a line-up of Counselors that included Nobel Laureate Professor Muhammad Yunus, Archbishop Emeritus Desmond Tutu, Sir Bob Geldof, Kofi Annan, HKH Prince Haakon of Norway, celebrity chef Jamie Oliver, Jack Dorsey, founder of Twitter and Singer Joss Stone.

Organizers of One Young Summit which will be held this year in Johannesburg, South Africa from 2-5 October have requested Professor Muhammad Yunus and Yunus Centre to bring a delegation from Bangladesh to participate in the One Young World Summit. A team of ten young people will participate in the summit and will work as ambassadors on different thematic issues in future. Among them, four are the the children of Grameen Bank families who are now studying in Dhaka University, Jahangirnagar University and theGrameen Caledonian College of Nursing.

Nobel Laureate Professor Muhammad Yunus, Kofi Annan and Sir Bob Geldof will speak at the Summit and 20,000 young people will be present at the opening of the Summit at the 2010 World Cup Football Stadium in Johannesburg.

There are currently more than 130 projects and initiatives involving in excess of 100 countries.

Photo Caption: Bangladeshi delegates for One Young World Summit 2013 met Professor Muhammad Yunus today at Yunus Centre. The delegates will leave Dhaka for South Africa on October 1, 2013.

Paul College hosts state-wide competition, promotes solving variety of social and environmental issue

By Cole Caviston

Published: Friday, September 13, 2013
Source: The New Hampshire

On Sept. 30, the Peter T. Paul College of Business and Economics will host the first New Hampshire Social Business and Microfinance Forum for New Hampshire college students and statewide entrepreneurs.

The forum is a collaboration between the Paul College, the office of the president and the Carsey Institute.

Dr. Muhammad Yunus, a renowned Nobel laureate and “father of microcredit,” will deliver the day-long event’s keynote address.  Yunus defined the concept of “social business” as financially self-sustaining business that crafts innovative solutions to primarily social and environmental problems, such as poverty and climate change. Social businesses are market-based and are both for-profit and non-profit.

Yunus will also announce and present awards for ranking winners of the Social Business Innovation Challenge, a competition arranged by Paul College that is now open to UNH students, recent graduates and members of the New Hampshire community.

The challenge is meant to act as an “accelerator” for innovation in social business ideas. Those interested may either compete in teams or enter the challenge solo.

Dr. Fiona Wilson, a member of the Paul College faculty and the challenge’s organizer, said that Yunus is the “inspiration” for the challenge’s concept of wanting to engage in matters of social business. She also stated that Yunus is a strong believer that young people are “an important lever for change” in society.  
“We know UNH students have the desire to improve our planet and life for all humans and we know they have the smarts to come up with some great ideas,” Wilson said.

Wilson also stated that team names that have been submitted to the challenge thus far indicate that the current entries will be focused on a wide variety of social business ideas.

“In terms of the team names that have been used by students to register their intent to compete,” Wilson said, “it appears as if we will have entries for social business ideas that will address local and global issues such as access to clean water, trash and recycling, alternative energy, the obesity epidemic, and substance abuse.”

For the challenge, contestants will be asked to describe an initial idea or concept for a social business in a three-minute video and a short, two-page paper.

Competitors are advised not to submit a full business plan. All contestants must register online at the Social Business Innovation Challenge website www.unh.edu/socialbusiness/social-business-innovation-challenges.

Registration of intent in entering the challenge for UNH students and graduates is available until Friday, Sept. 13, at midnight. Competitors then have until Sept. 20 to submit their material.

The awards for the winning teams or individuals will be prize money offered by Paul College. First prize is $3,900, with second and third prizes worth $2,000 and $1,000 respectively.

The winners will also be invited to a luncheon with Yunus.  
For work on the media video, Wilson recommends that students visit the UNH Parker Media Lab. The lab staff will provide assistance and equipment for shooting and editing the video.

The lab is open Sunday through Thursday from 10 a.m. to 10 p.m. and Friday from 10 a.m. to 5 p.m.

Grameen Bank Education Loanee bound for Europe for Further Studies

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Mohammad Kamal Hasan is now doing BSc fourth years’ student of Jahangirnagar University in the Department of Zoology, was recently awarded for Europeon Commission’s  “Erasmus Mundus Scholarship”. It’s a one year undergraduate program and he will do this program at the Aristotle University in Greece from September 2013 to July 2014 in Biological Sciences.

Kamal is a son of Ms. Laily Begum who is a borrower of Grameen Bank, Shatgara Branch, in Rangpur District since 2009. Among his five siblings, Kamal is the youngest one. His father was an employee of a government office who retired in 1991. He completed his SSC in the year 2006 and HSC in 2008, receiving GPA 5 in both exams.

Given the financial condition of the family, it was difficult for Kamal to carry on his study. He applied and received an education loan from Grameen Bank  in 2010, receiving a 100,000 taka loan .

While studying in Jahangirnagar University, Kamal applied for the scholarship to study in Greece. He was selected amongst many promising applicants around the world. This opportunity will help him in building a promising career to contribute in the development of the country in future.
 
He plans to return home after completing this course in July 2014 and has aspirations to do a Ph.D. As a biologist, Hasan not only wants to contribute in the biological field but also to the power management sector in future. Grameen Bank has provided Higher Education loans to 52,287 students from Grameen Bank families.

Crowd Funding for Albania Social Business

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Yunus Social Business (YSB) has teamed up with Kiva.org, a non-profit crowd-funding platform, to raise 18,000 euro in zero-interest loans for Rozafa, a social business of marketing in Albania. The investment will, over a period of 6 years, finance development and implementation of a successful marketing strategy for Rozafa, that will help it to bring women’s beautifully crafted Albanian handicrafts to the European market. YSB successfully raised $23,950 for Rozafa from 16th to 17th August, 2013 from a total of 788 lenders.

Partnership with Kiva
Yunus Social Business (YSB), an incubator fund co-founded by Prof. Yunus to create and empower social businesses outside Bangladesh, formally became a partner of Kiva in October 2012. This happened after Premal Shah, founder of Kiva, met Nobel Laureate Professor Yunus at Clinton Global Initiative in New York. Kiva came into global fame by connecting small amounts of individual money to microcredit borrowers around the world as loans.

About Rozafa
Rozafa was founded to empower rural women and to revitalize the traditional Albanian handicrafts. It provides training, equipment, sales and distribution services to create marketing wing of Rozafa as a separate business, YSB helped Rozafa to incorporate a new Rozafa social business. This is financed by the Kiva loan.

Rozafa, the social business, had a funding requirement of Euro 18,000 to implement a sales and marketing strategy which would help it to find steady flow of clients for the handicraft products of its 120 female artisans. They went through several workshops to build their capacity to make an income from their skills despite living in a small city outside the track of global trade and commerce.

Posting the Loan on Kiva
As a partner, YSB has access to the online system to post their formality requirements onto Kiva.

Rozafa’s repayment will begin from September 2016. It will transfer the repayments to Kiva via YSB every month until the nominal principal amount of the loan is fully repaid. Kiva does not charge any interest or fees.
 
Marketing of Kiva Loan
The success of the Kiva loan propels it to expand in an unlimited way. The loan was marketed via YSB's website and social media platforms as well s through Yunus Centre's social media platforms. Yunus Centre’s social media will continue to publicize and mobilize these loans.

 

BBC Radio 4- I have a dream, "It's very peaceful, it's very friendly"

Nobel Laureate Muhammad Yunus took part in a unique broadcast on BBC World Service to commemorate the 50th anniversary of Martin Luther King's inspirational “I Have a Dream Speech” along with fellow Nobel Laureates Dr Shirin Ebadi, Aung San Suu Kyi and John Hume, the Dalai Lama and others who, in different ways, have dedicated themselves to the cause of peace, freedom and justice!!!

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