Grameen in America


World food prices have been rising for long. They had more than doubled within the last two years and within a year the price index of the Economist of London has registered a rise of 54.1 per cent. The process continues to the glee of those who are growing food crops.

A Capitalist Jolt for Charity

New York Times

IN the summer of 2005, Miles Gilburne and Nina Zolt had long talks over dinner in their Washington home about what to do next. For more than six years, Mr. Gilburne, a former AOL executive, and his wife, Ms. Zolt, a former lawyer, had supported a philanthropy that used books and online tools to enhance skills of inner-city students.

Professor Yunus visits Benin

Professor Yunus visited Benin on 20 February on invitation of HE Dr Boni Yayi, President of Benin. The government of Benin is launching microfinance for the poor as a national strategy and had invited Professor Yunus to visit this West African nation and share his experiences.

Grameen Credit Agricole Foundation

Financial Times

Credit Agricole is to join forces with Grameen Bank, the pioneering provider of microfinance, to support fledgling microlenders around the world.

The French banking group yesterday said it would inject €50m ($73m) to endow a fooundation which will work with Grameen to provide financial guarantees and expertise to help launch microfinance institutions. tellyseries