Keyword: grameen

Brevity: Headers | « Text »
  • The UN Plan For Human Settlements (Obama Plan)

    05/15/2010 7:56:54 PM PDT · by bronxville · 71 replies · 1,030+ views
    Berit Kjos ^ | ,June 1996 | Berit Kjos
    Bicycles instead of cars? Dense apartment clusters instead of single homes? Community rituals instead of churches? "Human rights" instead of religious freedom? The UN Conference on Human Settlements (Habitat II) which met June 3-14 [1996]in Istanbul, painted an alarming picture of the 21st century community. The American ways-free speech, individualism, travel, and Christianity-are out. A new set of economic, environmental, and social guidelines are in. Citizenship, democracy, and education have been redefined. Handpicked civil leaders will implement UN "laws", bypassing state and national representatives to work directly with the UN. And politically correct "tolerance"-meaning "the rejection of dogmatism and absolutism"...
  • Baby auctioned for $351 to pay debts

    11/22/2006 1:08:10 PM PST · by Kitten Festival · 31 replies · 1,132+ views
    Agence France-Presse ^ | 22 Nov 2006 | correspondents in Dhaka, Bangladesh
    POOR parents of a newborn child in southern Bangladesh auctioned off their baby to repay a loan from a local micro-credit bank. The auction took place in the impoverished hamlet of Farhadabad in Fatikchari sub-district, 290km south of the capital, Dhaka, over the weekend, said the daily, Ittefaq. The announcement of the sale attracted more than a dozen bidders, many coming from outside the district. The newspaper, quoting local reporters, said the baby was sold at a price of 20,000 taka ($351). Chikon Mia and Humaira Khatoon, parents of the baby, said they already had two children who they were...
  • 'Banker' who lends to the poor wins Nobel Peace Prize

    10/13/2006 3:50:33 PM PDT · by MadIvan · 35 replies · 815+ views
    The Times ^ | October 14, 2006 | Philippe Naughton
    The inspirational economist Muhammad Yunus was awarded the Nobel Peace Prize today for helping lift millions of his fellow Bangladeshis from poverty through a pioneering scheme that lends tiny amounts of money to the very poorest of borrowers.Professor Yunus shares the prize, and the cheque for 10 million Swedish Kronor (£730,000) that accompanies it, with the Grameen Bank, which he founded after the Bangladeshi famine of 1974 and whose micro-credit model has since been copied in dozens of countries around the world. The bank, which is owned almost entirely by its own borrowers, has lent out some £2.9 billion to...
  • Microfinance: Grameen - Banking on the poor

    12/02/2005 8:41:31 AM PST · by Wiz · 2 replies · 233+ views
    AKI ^ | 2005 Dec 2
    Rome, 2 Dec. (AKI) - What started out as a credit scheme to help 42 people with 27 dollars in a small village in Bangladesh in 1976, is today a bank helping 5.5 million borrowers nationwide disbursing up to 75 million dollars every month. The Grameen Bank was established by Professor Muhammad Yunus to help the rural poor in Bangladesh by providing credit to the poorest of the poor without any collateral. In an interview with Adnkronos International (AKI), Dipal Chandra Barua, deputy managing director, explained how this microcredit system has succeeded in countries around the globe. "Bangladesh is a...