PROJECT POVERTY

Muhammad Yunus

INTRODUCTION OF THE SOCIAL ENTREPRENEUR

❖Muhammad Yunus He is the the third child of fourteen children.❖his father encouraged his son to seek higher education ❖he was influenced by his mother who motivated him to help the poor ❖Started Grameen bank to help people suffering from poverty in bangladesh

STARTING OF THE GRAMEEN BANK

❖when he was a professor he lead his student to a village,they interviewed a lady who makes bamboo stools.

❖she said that she had to borrow money for her business and repay the loan shark at a high rates and she would be left with penny profit margin

❖Thus Yunus took everything into his own hand as he wanted to pull them out of poverty

❖So he decided to give micro loans and it formed the Grameen bank in 1983,which means ‘village bank’

HISTORY OF VENTRE

❖This Bank started by Muhammad Yunus,

❖The Grameen Bank is a Nobel Peace-Prize winning organisation which was founded in Bangladesh

❖This bank provides microloans to help the impoverished people without requiring collateral

IMPACT OF THE VENTURE

❖After starting this bank the world poorest people benefited

❖the Grameen Bank provide financial services such as loan and insurance to the rural people

❖ This help farmers to grow more high-valued crops so that they could sell at demand for better rate ,

Team members;hari,jun wei ,shi chong,ricky;resources;

http;//www,grameenfoundation,org and online citizenship badge-bb page