Micro Credit, Macro Trouble for Yunus

What lies behind the continuing spate of bad press for Muhammad Yunus, the Nobel Prize-winning founder of Bangladesh's Grameen Bank? In early March, Bangladesh's Central Bank ordered Yunus sacked as managing director of the pioneering microcredit bank he founded to make funds available to the poor. His appeal is now pending with the Supreme Court in Dhaka, which adjourned for two weeks before delivering a judgment.

Read →

Comments on this post are for paying subscribers