June 3

Nobel Winner Muhammad Yunus Brings ‘Social Business’ Mantra to Olympics

Since the early days of Paris’s bid for the 2024 Olympics, the city has been receiving advice from a prestigious counsel: Nobel Peace Prize winner and social business guru Mohammed Yunus. Yunus pioneered microcredit in his native Bangladesh from the 1970s, helping lift millions out of poverty by providing traders with small loans to help them start businesses.

Photo courtesy of Obed Hernández.

Source: Inside the Games (link opens in a new window)

Social Enterprise
business development, poverty alleviation