Keyword: grameen
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Walking alongside rice paddies and water buffalo on the outskirts of Dhaka with Bangladeshi economist Muhammad Yunus was like walking down the red carpet with a Hollywood movie star. Women in saris grabbed at the handsome man with thick gray hair, flirting and addressing him with ease. I was surprised, given we were in a conservative Muslim country where rural women typically take a backseat to men. But this man, who won the Nobel Peace Prize on Friday, had taught them to stand up to their husbands by giving them small loans that now put them in the driver's seat....
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In Part 1, I introduced you to GS1. A United Nations sanctioned not for profit organization with an intent to tag every thing with RFID technology. In this article I will expand on GS1, as well as introduce you to pilot projects, organizations, and people working to implement this agenda. This article will give readers a introduction to the cashless society, as well as the groups and people behind it...... ....a brief review of some history is necessary. Many reading this will be familiar with the Earth Charter. This document more than any other helped lay the foundation of the...
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The State Department doled out $13 million in grants for longtime friend and Clinton Foundation donor Muhammad Yunus during Hillary Clinton's tenure as secretary of state, according to federal records. The grants were provided in 18 separate transactions from the U.S. Agency for International Development to the Bangladesh-based Grameen bank, according to a Sunday evening report from the Daily Caller News Foundation, for which Yunus served as a founding board member. Groups associated with Yunus through business relationships received an additional $11 million. Yunus oversaw the distribution of microcredit loans to impoverished borrowers for the bank for over 30 years....
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Membership has its privileges. A Bangladesh government commission was investigating multiple charges of financial mismanagement at Grameen Bank, beginning in May 2012. Muhammad Yunus, a major Clinton Foundation donor, served as managing director of the bank
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After the latest bombshell, Congressmen and Senators are calling for the Clinton email scandal to be re-opened! Yesterday, the Trump administration quietly released even more of Hillary Clinton's previously-unreleased emails and it includes a bombshell. There is now (concrete evidence) that Hillary Clinton emailed classified information to people outside of the government and asked them to print out a hard copy for her and Bill. This is one of the emails that the Obama administration tried to hide. In it, Hillary Clinton is seen forwarding 2-3 pages worth of classified information to Doug Band. If that name sounds familiar, he...
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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"...
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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...
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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...
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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...
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