Monday, March 11, 2013

Post-Yunus, What Will Become of Grameen Bank? - NPQ - Nonprofit Quarterly

Some related MicroFinance Stories

Post-Yunus, What Will Become of Grameen Bank? - NPQ - Nonprofit Quarterly: Among organizations operating largely overseas, one that is well known among Americans and generally quite respected is the Grameen Bank, which was founded by Nobel Prize winner Muhammad Yunus. The positive image and reputation of Grameen and Yunus haven’t suffered much in the U.S. despite occasional criticisms and challenges (for example, see the pretty devastating critiques by author Arundhati Roy and economist Jagdish Bhagwati). Yunus no longer runs Grameen, having been forced out or, more politely, “retired” by the Awami League government of Bangladesh.

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