Chamber speaker champions Yunus investing model to ease social problems
Monday, May 19, 2014
Muhammad Yunus has devoted himself to aiding the impoverished.
The Bangladeshi economist, known as the father of microcredit and microfinance, continues to search for remedies to the economic woes of Third World nations. The microfinance and microcredit concepts that he pioneered in the 1970s have since moved 20 million families in his native country out of poverty and earned him a Nobel Prize in 2006.
Mohammad Bhuiyan, president and CEO of Atlanta-based Yunus Creative Labs Inc., spoke about Yunus’ ideas and accomplishments at the Palm Beach Chamber of Commerce breakfast Wednesday at the Kravis Center.
Bhuiyan discussed the notion of social investing as a method for solving societal issues and economic problems such as hunger and homelessness in emerging — and developed — countries.