yunusdiary.com - sharing knowledge of dr yunus diary links to youths greatest decade wholeplanet.tv

Which was Nobel Dr Yunus' greatest week for Youth Capitalism? - we welcome your replies at our blog http://youthcreativelab.blogspot.com

 rsvp chris.macrae@yahoo.co.uk co-editor of Youth Capitalism, and Net Generation Engtreprurial Revolution Year 42 (started up in The Economist by dad Norman Macrae, a leading youth-economist of the 20th C -4th rembrance party being hosted by principal of Glasgow University and Adam Smith scholars networks 6 December 2013)

for example can you beat the Yunus Week Ending 22 november 2013

which finished with Yunus celebrating Ted Turner's 75th birthday with  Monica of singforhope leading the chorus of happy birthday- Ted is gifting Atlanta Youth a summit with Nobel Laureates which shgould make Atlanta a leading twin capital of million jobs co-creation

 earlier Yunus was Forbes inaugural winner of the greatest good works hero for humanity featuring on a front page as the cinderella among billionnaire philanthropists, whole CNN celebrated its annual competition for youth heroes with a special feature on elder heroes starting with Yunus


YouthCreativeLab blog will invite as many of the youth connectors as we can to join in. To start with you can contact CEO of Yunus Creative Lab Muhammad Bhuiyan at or Chris Macrae (chris.macrae@yahoo.co.uk ) of this blog and family leader of Foundation Norman Macrae,The Economist's pro-youth economist... The other sponsors of this launch celebration: WF,, SI,, JFF

Related youth micro-wikis: Youth Agendas of the Nobel Laureates; Diary of 25000 youth on Road to Atlanta 2015; Heroes CNN values most deeply;

 

co-edited youth and yunus websites include: yunusbrand.com yunuschina.com yunusjapan.com yunusworld.com yunus.tv yunus10000.com yunusolympics.com yunusuni.com yunuslab.com yunuscreativelab.com yunusfund.com yunustrust.com yunuspartners.com yunuseconomics.com yunusmap.com yunusdiary.com egrameen.com grameen.tv grameenenergy.com globalgrameen.com grameeneconomics.com grameeneurope.com grameenamericas.com

Norman Macrae Foundation youth jobs agent webs: microeducationsummit.com wholeplanet.tv 

Nings orbiting Yunus - which cities will celbrate being twin million jobs creating capitals; which leaders will co-sposnor youthcapitalism with yunus; by freeing pro-youth future purposes of which market sectors and practice apps 

 

 

wholeplanet.tv investors in worldwide youth; youth10000education - how many of youth's 10000 greatest job creators will come from education and MOOC

 

 

April 2013 sees:

* Dr Yunus awarded Congressional Gold Medal on 17 April -next week

* ConsciousCapitalism.org in association with wholeplanetfoundation.org and wholekidsfoundation.org hosts summit 5-6 April

 

* skoll world forum this week april 10-12 oxford -urgent mooc related survey on action networks of friends of yunus and skoll and youth

* DC's first Yunus inspired competition  www.udc.edu/isse/socio_sustainability_entrepreneurship_business_plan_competition  this saturday

* Atlanta stages 12th annual Historically Black University Youth Entrepreneur Competition www.ofcvc.org  next week

* Education is the subject of the 2013 Yunus MIT prize ongoing at http://web.mit.edu/idi/yunus.htm

* Monica Yunus' Youth and Superstar community and cultural celebration network continues at www.singforhope.org

* Grameen America new web www.grameenamerica.org launches with:

"ALL People Are Entrepreneurs, But Many Don't Have The Opportunity To Find That Out" Muhammad Yunus

Jorgensen's biggest health conference of year this week www.worldcongress.com wash dc national harbor

 May 2013

1ST EUROASIA SOCIAL BUSINESS FORUM,İSTANBUL-TURKEY  may 23

- discussion how to connect coursera mooc networkers, wise number 1 job creating education summit and best of MENA region for youth's futures

 

may 18 uni salford uk;

'universita della Svizzera Italiana, Lugano, Switzerland - May 15, co-hosted www.socialbusinessearth.com

 June 2013

networks celebrates yunus birthday wishes out of dhaka and global social business day -28 june

July 2013

sees asia's main annual conference of yunus hosted annually by Kyushu university in Japan 

23 july dc

Dear Chris,
On Wednesday 17 April,  I had the great honor of receiving the Congressional Gold Medal which I accepted on behalf of the over eight million women members and the dedicated staff of Grameen Bank, as well as the people of Bangladesh. As I stood in the Capitol Rotunda receiving this honor, many RESULTS volunteers were there by my side to see the culmination of their advocacy work.

 

I will return to Washington, D.C. in July for theRESULTS International Conference and I hope you will be there to join me.


I established the Grameen Bank with the understanding that poverty is not caused by poor people but by systems that fail to allow them to express their full potential. Today, Grameen Bank has over 8.4 million members - 97 percent of them women - and has lent more than $12.5 billion. We also have launched Grameen America which now has 15,000 women clients in six communities across the U.S., with more to come. Our Yunus Centre has also established social business partnerships and funds in over half a dozen countries. 

While I'm humbled and honored to have received the Congressional Gold Medal, you and I both know that our work is not finished. Around the world, 1.2 billion people still live on less than $1.25 per day - sixty percent of these are women. We have only begun to tap into the potential of social businesses and new ways of rethinking capitalism to meet the major challenges of our time.

 

I hope you will join me at the RESULTS International Conference this July to speak out in solidarity for those who are too often voiceless. Over the past three decades, RESULTS volunteers have championed some of the most important poverty reduction measures ever passed through the Congress. Now more than ever, your voice is needed in Washington, D.C. to promote our shared vision of eradicating extreme poverty from our planet. 

In partnership,

Professor Muhammad Yunus
Founder of Grameen Bank, RESULTS Board Member
August 2013 sees first ever global education summit hosted by usaid out of DC

Sept 2013 

 

sees clinton global NY conference -aka how to start UN year with biggest changes needed

5000 paris convergences post 2015 millennium goal summit

      
x

  Norman Macrae Foundation (The Economist's Pro-youth economist) best news in 40 years of tracking how youth can use digital networks

 

millions of youth are helping yunus test out APPIng the mooc of his life's knowledge - please help us track relevant incidents in his dairy -rsvp chris.macrae@yahoo.co.uk Washington dc hotline 1 301 881 1655 if you have a diary link  for the year that youth and yunus and mooc save the world

youth and yunus usa handout issued at US Congress Yunus gold medal

grameeneconomics.com website launched as project of norman macrae foundation -The Economist's pro-youth economist-  fall 2010 when us congress voted for yunus gold medal as genius economist and humanitarian

main entrepreneurial revolution diaries since 1972 launch of ER and 1843 pro-youth capitalism at The Economist 

 2013- 170th birthday of The Economist'

 Yunus diary 2013 - selected incident reports

18 January Tuskegee University

 2013 year of MOOC

 1972 year that The Ecinomist's pro-youth economics editor first sees experiments of youth sharing knowhow on a digital network and launches genre of Entrepreneurial Revolution to help map, value, investin  net generation's 3 biullion new jobs -see latest profiles of pro-youth investment leaders at http://wholeplanet.tv 1984 publication of worldwide's  first future history (since 1972) and  (to 2024) for wholly valuing the net generation  2008 2 pro-youth economs meet to launch ,kulti-win models and update what not to do with banking to cause quintuple dip recession through 2010s2012 year of jobs competitions 2011 year of celebrating 40th annniversary of the first bottom-up economic nation - Bangaldesh 2010 -year of unfinsihe mission planning of The Economi9st's Unacknowledge Giant - launch by Adam Smith Scolars of Journal of Pro-Youth Economics  2009 year of celebrating yes microenergy community franc hises can get on a moores law of soar installation makeing 2010s the decade that ends celan-energy poverty

1 2 3 4 5 6 7 8 9 Economist's Unacknowledged Giant picks 9 moments when net generation could have been saved from economics collapse -please tell us others www.chris.macrae@yahoo.co.uk www.wholeplanet.tv

normans1004.jpg

ps did you spot  deliberate mistake - nobel prize speech is here ; video 8 is a younger yunus between 76-95

This site  The Web 

diary disasters 07 08 09 10

Grameen Web01  HO ; Y's CentreG's SolutionsBank's BillionJob Creation's Epicentre ; sustainability's business model centre  ; youth's fav media

 east coast week 21-26 sept 2010

 monday dc opera with monica (dr yunus dughter and co-founder www.singforhope.org

tuesday clinton global initiative: 

Special Session: Profiting from the Poor? A Discussion on Microfinance IPOs  

Microfinance now brings over 150 million people access to financial services. What was once led by the nonprofit sector is increasingly linked to mainstream financial markets offering investors a range of ways to participate – through debt, equity, and other specialized instruments. This link has led many to question: are microfinance institutions (MFIs) and wealthy investors profiting from the poor? There is continued controversy over the level at which interest rates become exploitative; and now, with the public offering of a third MFI—SKS Microfinance—the question arises over appropriate means to raise microfinance capital. This session will provide a forum for a candid discussion on the topic.

Participants:

Vikram Akula, Founder and Chairperson, SKS Microfinance Ltd
Adam Davidson, Co-Founder and Co-Host, NPR’s Planet Money http://www.npr.org/blogs/money/
Mary Ellen Iskenderian, President and Chief Executive Officer, Women’s World Banking
Muhammad Yunus, Founder and Managing Director, Grameen Bank
 NY conference, which is being hosted by Queen Rania Al-Abdullah of Jordan for the Millennium Development Goals for women and children.

US First Lady Michelle Obama and former US First Ladies Hillary Clinton and Laura Bush will also be attending the Clinton conference.

The other attendees are Haiti Prime Minister Jean-Max Bellerive; Liberia President Ellen Johnson-Sirleaf; Cherie Blair of the Cherie Blair Foundation for Women; Virgin Group chairman Richard Branson; Cisco chairman John Chambers; Avon chairman Andrea Jung; Melinda Gates; Coca-Cola chairman Muhtar Kent; Alcoa chairman Klaus Kleinfeld; Procter and Gamble president Robert McDonald; Google chairman Eric Schmidt; Tata Group chairman Ratan Tata; Yahoo! co-founder Jerry Yang; and Grameen Bank founder Muhammad Yunus.

 UN Millennium Goals Summit - http://www.africaprogresspanel.com/files/1212/8455/4643/APP_MDGS_WEB.pdf sept 2010 version for presentation to UN MIllennoum Goals Summit http://www.un.org/en/mdg/summit2010/ this week  http://www.un.org/en/mdg/summit2010/pdf/Draft%20outcome%20document.pdf
african progress-panel
 

2010 July 4

Scotland hosts Yunus and microeconomics Interdependence Day

 2010 June 29 7th decade wishmaking day- 2010s most exciting decade - happy 70th Yunus Birthday - yunus new book's top 8 colabortion gols rsvp info@worldcitizen.tv with nominations of top 10 collaboration networks per goal

1.1 a world without a single person living in poverty
2.1 a world whose oceans, lakes, streams, and atmosphere are free of pollution
3.1 a world where no child goes to sleep hungry
4.1 a world where no one dies a premature death from an avoidable illness
5 a world where wars are a thing of the past
6 a world where people can travel freely across borders
7.1 a world where no one is illiterate and everyone has easy access to education through the application of the new miracle technology
8 a world where the riches of global culture are available to all

 2010 June 28 Global Social Business day - what collaborations did you plant? RSVP info@worldcitizen.tv

Social Business Group at Business Ends Poverty

advance invitations for The Economists' GlobalAssembly fall remembrance of dad & erworld

  
J14    
J7    

Monday June 28

Collaboration wishes; 2030 (see right)-2020-2015-2012

entreprenons now! how can paris-dhaka-london job create by 2012; will beiding London's curve help Yes Me Must turn DC-NY; how can 50 countries microbanks celebrate queen sofia's 18 month journey from nairobi to Valladolid

J29 Youth &  Leaders quest to 70th birthday -let every capital developing and developed experience co-creative media www.danonecommunities.com

 24 hour recall of Yunus BirthdayWishes - 7 Ends & a 21st C beginning

1 End poverty, and macroeconomic systems that crash and trap 


 2 End carbon in our waters, and in our air, and in our foods, and in the energising of man's machines

--------------------

start up a www where the riches of global culture and knowhow multiplicationare available to all 

Friday July 2

3 End hunger
4 End premature death and ever higher cost of health
5 End wars and govs that spend 20% of the peoples on arms
6 End borders as barriers to webs of people mobilising productivity
7 End college-less children and universities without job creating microentrepreneurs


l

May 31    
M24     
M17    
M10 Book Launch USA  14 DC book talk Robert H Smith Business School at Reagan Center DC 
M3    
A26    
A19  A22 danone 3000 paris –must go 
A12    
A5 Kenya MCSKenya MCSKenya MCS  to Sat 10
M29    
M22 India Responsibility Forum will take place in Mumbai, India.

The Grameen Creative Lab, Nishith Desai Associates and HCC India have invited high-level officials, members of government and royal families, influential members of society from India itself and abroad to take part in this unique forum.

There, Professor Yunus will present social business, and attendees will actively discuss and develop ideas of how to configure personal and corporate trade to be responsible for a socially just and sustainable society.

sees ganesh devy india's most deepest gandhian and networker - eg connected with medics for reconciliation led out of Melbourne by Paul Komesaroff and Ira by Modjtaba Sadria

    
M15M16 Sofia celebrated as london leader of Job Creation Networks and sustainability 2012   
M8 ?paris danone communities meet- olivier gave SB & CM 90 minute guide to youth "generation solidaire" media creation of 2010s   this week yunus opp in melbourne to meet GRN-medics & yoitnh & gandhiands for global resoncilaition missed
M1  

 cancelled- book galleys delayed 5 weeks!

M5 Yunus New York – try to get EJ meet

F22?paris danone meet?paris danone meet F25 Yunus Austin TX  F26 Yunus launches first USA Yunus Uni, Camarillo CA
F15    
F8YunusLondon 192 countries youth   
F1 Paris Yunus entrepreneur salon 3000F4 Paris Yunus Danone Community 3000 -see FranceCollab.comF5 Paris- Quelen-SB-Lauren $TN dollar audit meet F6 fix uni camp for sb olympics event- marry yunus & drucker fans round gladius; interest in trillion dollar writers club
To fix:Next dhaka tripNext Sam Dakey Lucknowbrochures    
     
     
     
     
     

Around the two by 1000 yunus bookclubs my family has invested in since the end of 2007, I am looking to map links between 100 unprofessionals - that is people who know at least 1 of the global professions well and how it as yet compounding loss of community sustainability and job creation for youth

I first started collecting information on this when I joined global accountant coopers and lybrand's managing consultant firm in 1989

The Scariest Profession –

 

 

 

1 Law

2 Media

3 Banking

4 Insurance of risk

5 Economics

6 Accounting

7 Education

8 Healthcare

9 Pension Funds

 

 

 None of these PROS' global versions sustain communities or youths future the way their monopoly rules over us currently operate in NW hemispheres. I know some of the dirty secrets of each of these 9 professions though 2 is my specialisation and 5 is my dads network, and through the maternal branch of my family I know the stories of how gandhi has to overturn most of english empiredom's professions to sustain his india peoples' community rising. As Einstein who helped Gandhi predicted, the first generation to connect the world with tech will have to go through the same micro up battle but this time in every place at the same time

 

Notoriously Einstein rated it odds against humanity being able to connect itself up to  higher order system than the one that ruled it, as did others including the eco-engineer buckminster fuller with his slogan man's final examination. We would have to have robotic minds not to see that the 2010s is our last chance to get out of this exponentially crashing mess; however the optimistic way to frame that as yunus most exciting decade is exactly the message to global grameen brand. http://globlgrameen.com/

 

It would be an enormous help even if you yourself dont want to nominate yourself as one of the unprofessionals if you can send this on to anyone who might want to be. Its not that I want to own or coordinate this unprofessional network but I do want to be able to start to tell dr yunus that he needs to be responsible for being in the collaborative midst of such

 

thanks

chris macrae http://yunusdiary.com/ 

 

Nobody listened then everybody did,” he wrote in 1991 in a future history of privatisation. He also foresaw with chilling clarity how growing life-expectancy would become a curse and backed a ‘system of planned death' to cope with it. 

But his timing was all wrong when he wrote (circa 1975) that euthanasia would become as acceptable as abortion in 15 years; the devil lay in the detail: as horribly skewed sex ratios show, in some countries killing of female foetuses flourishes surreptitiously while that of old codgers is nowhere near acceptance except in a few European ones that turn a blind eye to the upsurge of ‘one-way tourism’. 

He was more spot on about big company capitalism as on biggovernment socialism. That also turned him into a technophile and an incurable optimist. Like Dr Pangloss from Voltaire's Candide he seemed to believe in the Leibnizian mantra that “all was for the best in the best possible of worlds” if only obdurate politicos could see it that way. 

His influence can be discerned in a wide variety of works including Matt Ridley's recent opus, The Rational Optimist. Ridley , however, is also the nonexecutive chairman of Northern Rock, the bank bailed out by government handouts during the credit crunch. So how would Norman have handled the paradox ? “Take a lesson in how to run village businesses (like Grameen ) and how not to handle bank crises (like Japan or USA),” he wrote after a lunch with the Nobel laureate Mohammad Yunus at the Royal Automobile Club in 2008. “Learning from Dr Yunus and those who have exponentially sustained community raising microcredit seems to be the best way forward worldwide women and US Congressmen can get.” 

(Norman was no stranger to East Bengal, having studied economics there by an Indian correspondence course while waiting to be drafted by the RAF as a teenager and his wife was the daughter of the British judge who went on from jailing Gandhi to helping write India's Constitution in the 1940s). 

His favourite heroes were John von Neumann, the polymath who pioneered the modern computer, Game Theory and nuclear deterrence, and Albert Einstein who once said, constancy was the virtue of idiots. It's best therefore to embrace constant change

 

Wednesday, April 10, 2013

what would be most valuable million youth 12 minute training module skoll and yunus could issue first

skoll 2000 person summit categories at april 2013

 

some  thoughts from discussions around yunus and youth:

1 yunus believes forestry could be a huge social business - one region he is advancing that in is Haiti

4 grameen has just published the grameen nursing college curriculum - this could be world changing as it is arguably the first curriculum every published by a real university service that aims to be as nearly free as possible; cf with online curriculum which start from being free!

7 it has been projected that bangladesh will be first 100 million nation to be drowned by climate change if we don't launch enough green energy 1 in time - naturally this makes friends of yunus world leaders in mapping green energy microfranchises

8 sanitation is a change world leadership practice led by yunus freinds in singapore - see jack sim www.worldtoilet.org   - jack hosted the first singapore social business week in 2012 with university partner national uni of Singapore which is also a coursera parnter

 

mostofa do you get the idea - maybe you need to create a file of such headlines so that when you meet yunus you always have next ideas on should we survey this contacts possible contributu=ion to million youth and yunus 12 minuters

 

what is the million youth headline why millions of youth would want knowledge) at connection brtween what yunus wants to put his name to as a knowhow franchise and what his biggest partners and stages announce

 skoll world championships 2013

 streaming thursday  11 april 17.30 Uk time http://skollworldforum.org/forum-2013/live/?utm_source=Skoll+World+...
Jeff Skoll, Founder, Skoll Foundation, Skoll Global Threats Fund, Participant Media

HONORARY SKOLL AWARD FOR SOCIAL ENTREPRENEURSHIP
Annie Lennox, Founder, The SING Campaign

2013 SKOLL AWARDS FOR SOCIAL ENTREPRENEURSHIP
Carne Ross, Independent Diplomat
Gemma Mortensen, Crisis Action
Gopi Gopalakrishnan, World Health Partners
Chris Underhill, BasicNeeds
Mushtaq K. Chhapra, The Citizens Foundation
Salman Amin Khan, Khan Academy

GLOBAL TREASURE AWARD
Muhammad Yunus, Founder, Grameen Bank

MUSICAL PERFORMANCES
Festival in Exile

 

 

 

10:26 am edt 

Sunday, November 28, 2010

Share your social business leadership diaries with us - eg 2010
Coming soon Diaries Q1 , 2011 - ning with us at YunusCity and FutureCapitalism  chris.macrae@yahoo.co.uk

2010 Made my 5th trip to dhaka (october) to see dr yunus; discussed 250,000 dollars of social business loans made by my family foundation in celebration of my dad Normn Macrae's life . Our aims hubbing social business models, replicating good news of kenya's jamii bora; sampling first issue of journal of social business to 3000 leaders of yunus choice before he testifies to congress on microcredit as lifeblood of usa expected spring 2011. Developed Consider Bangaldesh for launch at 60 person remembrance party at boardroom of The Economist Nov 16

The unacknowledged giant

The unacknowledged giantAdd to Playlist
rowp01.jpg
1:04 pm est 

Monday, June 28, 2010

malcolm - loved your notes on yunus- are there any more people like you south of the boirder; up in scotland we have 300 yunus fans congregating july 4; if you re ever over that way plese get in touch with yunus compatriot zasheem who has been planting yunus type culture in glasgow for about 20 years at centre for dev

 http://www.cfdscotland.co.uk/ zasheem
--------------------------------------------------------------
malcolm wrote
omment written by Malcolm Harper, Steering Group of the Microfinance Club of the UK:

What have Muhammad Yunus and his work meant for me personally ? I first met him in 1987 when I was briefly in Dhaka for the Ford Foundation. The Foundation was supporting Grameen Bank; as so often, their rather modest interventions in the early years of new initiatives have led to great things. I also visited one or two other initiatives which had been started by foreigners, and I remember thinking, not for the first time, that donors do much better when they identify and support good local people rather than sending in their own 'experts' (of whom I suppose I was one, much as I hate the term !).
 
Then a year or so later we happened to sit next to one another at some fatuous World Bank or similar dinner in Washington. I asked Yunus why he was not at home 'minding the store'. He replied that the only way to develop good  successors was to keep out of their way, and meetings in Washington were a relatively harmless way of doing that. Would that all 'charismatic leaders' took the same view.
 
In 1991 when we were living in Orissa my wife and I spent a few days in a Grameen Bank branch. On our way home through Dhaka Yunus asked us how we had fared. My wife, being German and fiercely anti-military, asked him why the Centre meetings had all the saluting and standing in rows. Yunus replied by quoting General Booth of the Salvation Army: 'Why should the devil have all the best tunes ?'. 
 
We have met on a few occasions since then, in Bangladesh and in London, and as always I have been amazed at Yunus' ability to be the quintessential 'nice guy', one of the nicest I have ever met, although I cannot claim to know him at all well, and also to have a core of steel, a set of beliefs which cannot be shaken.
 
Great pioneers, and Yunus is one of the greatest, sometimes find it hard to accept it when others take their ideas and modify and change then as they 'roll them out' across the world. Schumacher of 'Small is Beautiful', Revans of 'Action Learning', are two examples; they perhaps failed to recognise that the changes others made were also improvements. Yunus is different, at least in my opinion; he is right to question the way in which his 'baby' has been turned into a tool whereby international investors can make millions by exploiting the poor

4:00 pm edt 

2013.04.01 | 2010.11.01 | 2010.06.01

Link to web log's RSS file

Enter main content here

I gather the day before Dr Yunus birthday has been turned into world social business day- I would welcome news of where sustained network interactions have taken place; of those I have encountered that staged by Zahid (transparency we once met in new york for an hour) seems to have momentum; zahid who is half Bangladeshi and half Spanish if my memory serves has for long run some of the best virtual communities  in end poverty's race; and as the ning virtual community tool is soon charging its hosts I will be moving my relevant yunus ning content I have over to connections within zahid's    www.businessfightspoverty.org

 

It has made yunus social business day front page with these experienced testimonies catching the eye , well mine!

 

 Comment written by Andrew Mitchell MP, Secretary of State for International Development, UK:

It is thanks in no small part to the extraordinary and unstinting efforts of innovators such as Muhammad Yunus, with whom I spent time in Bangladesh, that microfinance has, over the past 30 years, proved to be such a powerful tool in providing formal, reliable and secure financial services to the poor in developing countries.

There is little doubt that, for poor households, access to financial services such as savings, credit and insurance are vital tools for poverty reduction.

Access to financial services enables people to better withstand shocks, build assets to improve their livelihoods and pay for basic services such as health care and education. DFID has been a longstanding advocate of microfinance and has been supporting microfinance and financial sector development in many of its country programmes across the world for many years.

However, an estimated 2.7 billion people in developing countries still do not have access to formal financial services. It is vitally important that the key challenge of how to reach such an enormous number of people as quickly as possible is tackled with due urgency.

To take the pioneering work of Mohammad Yunus forward we must start to investigate approaches to new frontiers in banking, working beyond traditional models to reach the poor.

Branchless banking is the provision of banking services without relying on a building to host the services. It is still only at an early stage of development but it has the power to transform banking for the good of the poor

 Comment written by Malcolm Harper, Steering Group of the Microfinance Club of the UK:

What have Muhammad Yunus and his work meant for me personally ? I first met him in 1987 when I was briefly in Dhaka for the Ford Foundation. The Foundation was supporting Grameen Bank; as so often, their rather modest interventions in the early years of new initiatives have led to great things. I also visited one or two other initiatives which had been started by foreigners, and I remember thinking, not for the first time, that donors do much better when they identify and support good local people rather than sending in their own 'experts' (of whom I suppose I was one, much as I hate the term !).
 
Then a year or so later we happened to sit next to one another at some fatuous World Bank or similar dinner in Washington. I asked Yunus why he was not at home 'minding the store'. He replied that the only way to develop good  successors was to keep out of their way, and meetings in Washington were a relatively harmless way of doing that. Would that all 'charismatic leaders' took the same view.
 
In 1991 when we were living in Orissa my wife and I spent a few days in a Grameen Bank branch. On our way home through Dhaka Yunus asked us how we had fared. My wife, being German and fiercely anti-military, asked him why the Centre meetings had all the saluting and standing in rows. Yunus replied by quoting General Booth of the Salvation Army: 'Why should the devil have all the best tunes ?'.  
 
We have met on a few occasions since then, in Bangladesh and in London, and as always I have been amazed at Yunus' ability to be the quintessential 'nice guy', one of the nicest I have ever met, although I cannot claim to know him at all well, and also to have a core of steel, a set of beliefs which cannot be shaken.
 
Great pioneers, and Yunus is one of the greatest, sometimes find it hard to accept it when others take their ideas and modify and change then as they 'roll them out' across the world. Schumacher of 'Small is Beautiful', Revans of 'Action Learning', are two examples; they perhaps failed to recognise that the changes others made were also improvements. Yunus is different, at least in my opinion; he is right to question the way in which his 'baby' has been turned into a tool whereby international investors can make millions by exploiting the poor.
 Comment written by William Derban, Head of Community Relations, Barclays Africa:

For anyone who has ventured into the world of microfinance, one name stands out – Prof. Muhammad Yunus, founder of the Grameen Bank. As a student, I had read a lot on microfinance and the Grameen Bank, but it was after I read Banker to the Poor, the autobiography of Muhammad Yunus, that I began to really appreciate what he had achieved, not only for the people of Chittagong and Bangladesh, but for the world as a whole. Meeting him in London a couple of years ago and hearing him speak on social entrepreneurship was a great honour for me. Muhammad Yunus’s life and achievements have inspired me in two main ways.

Firstly, I admire the way he applied theory to practice and found solutions to the pressing needs of his people by simply identifying with them and understanding their problems. Not relying on external insights, nor waiting on the results from an extended piece of research, but based on his discussions with a group of women in the village, he devised and implemented a strategy that was suitable for them and that went on to benefit many others. In this way, Muhammad Yunus demonstrated that solutions to the many issues that surround us are often closer than we think. For instance, the onus is often on formal sector institutions to change their ways of working to accommodate the poor, who largely make up the informal sector, rather than vice versa. This is especially important in countries where the informal sector forms the majority.

Secondly, Muhammad Yunus showed that providing financial services to the poor was possible. He demonstrated that the poor could repay loans; they could save, and, through accessing appropriate financial services, could lift themselves out of poverty. For me, the real revolution that he started was much more than establishing the Grameen model. By applying the simple idea of customer centricity, a common concept in banks, to the poor, he clearly defined the poor as customers, rather than beneficiaries of aid, and allowed them to show him what solutions suited them. The Grameen model may not work in every part of the world, but the ethos of self-help, and of finding answers from the bottom up, will encourage the development of other indigenous and traditional models.

At Barclays, our work in financial inclusion in Africa has certainly been influenced by the idea that the best methods to promote financial inclusion among the unbanked are those that are rooted in indigenous and traditional models. Our successful support for susu collectors in Ghana and Village Savings and Savings Associations in many communities in Africa are a testament to the great work started by Muhammad Yunus.
 

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