[Sci-tech-public] Please distribute/exciting guest speaker/Susan Hockfield to introduce

[Kate Brearley]

>Professor Muhammad Yunus
>Founder and Managing Director, Grameen Bank
>Founding Director, Grameen Foundation USA
>
>Professor Muhammad Yunus is internationally recognized for his work in 
>poverty alleviation and the empowerment of poor women. He founded the 
>Grameen Bank, a micro credit institution created to provide tiny amounts 
>of working capital to the poor, without collateral, for self-employment. 
>The bank proved beyond any doubt that the poor are very much creditworthy. 
> From its origins as an action-research project in 1976, Grameen Bank has 
>grown over the past three decades to lend more than $5 billion in 
>collateral-free loans to 5 million borrowers in Bangladesh, 96% of who are 
>women. Grameen Bank today lends out half a billion dollars a year, to the 
>poorest of the poor, including beggars, while maintaining a repayment rate 
>of 99%. The innovative approach to poverty alleviation pioneered by 
>Professor Yunus in a small village in Bangladesh has inspired a global 
>micro credit movement reaching out to millions of poor women on all five 
>continents. Professor Yunus' autobiography, "Banker to the Poor: 
>Micro-lending and the Battle Against Poverty," has been translated in 17 
>languages.
>
>--
>
>Wed Sept 14 4:30-5:30

Kirsch Auditorium



>--
>
>
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