About Yunus Centre
Since October 2006, when Professor Yunus and Grameen Bank jointly received the Nobel Peace Prize, local and international interest in Professor Yunus’ work has continuously increased. In order to address this ever-growing attention, an organization aimed primarily at promoting and disseminating Professor Yunus’ philosophy, with a special focus on social business, was created in the form of the Yunus Secretariat. In July 2008, the Yunus Secretariat was renamed the Yunus Centre. The Yunus Centre has since been the one-stop resource centre for all Grameen social business related activities both globally and in Bangladesh. It keeps the spirit of the global social business move
ment very high through various events, social media, publications, and websites. The Yunus Centre also helps forge lasting, productive relationships among all social business institutions around the world. The Centre is chaired by Professor Muhammad Yunus, Nobel Peace Prize Laureate, and its Executive Director is Ms. Lamiya Morshed.
What is Grameen social business?
Professor Yunus has long been promoting the creation of Grameen social businesses, which he believes will address the problems still left unsolved in the world and not addressed within the present capitalist system. In simple terms, a Grameen social business a non-loss, non-dividend company dedicated entirely to achieve a social goal. In social business, the investor gets his/her investment money back over time, but never receives dividend beyond that amount. The Grameen Bank is a prime example of social business, with poor people being its shareholders! The ultimate goal of the Yunus Centre is to create poverty museums, after bringing an end to poverty in each area — in villages, cities, counties, provinces, and countries. The Centre strives to engage individuals and organizations in creating, promoting, and maintaining social business by spreading the concept through workshops, internships, projects etc.
What does the Yunus Centre do?
The Yunus Centre’s activities include, but certainly are not limited to, the following:
• Poverty-Free World Campaign
Professor Yunus has long said that poverty is an unnecessary imposed by society on people, and that creating a poverty-free world is a matter of will. Yunus Centre will coordinate the Poverty-Free World Campaign encompassing partners and networks around the world. Yunus Centre will be working to promote the UN Millennium Development Goals in Bangladesh and around the world, and the campaign for Bangladesh to be free of poverty by 2030.
• International Communication and Networking
The Centre also aims to aggrandize Professor Yunus%E
- Bangladesh targets Yunus’s social businesses (dawn.com)
- Muhammad Yunus, IIM-A set to float Rs 50 crore fund to seed social business – The Economic Times (indialphaconsultancy.wordpress.com)
- Microfinance Film Showing (bramhalluo.wordpress.com)
- Muhammad Yunus – The Social Business Model (lugenfamilyoffice.com)
- Next World Bank chief: Muhammad Yunus? (devex.com)
- John Wellington Ennis: Review: Bonsai People: Celebrating the Work of Muhammad Yunus (huffingtonpost.com)
- Nobel Laureate Muhammad Yunus speaks at Elizabethtown College April 4 (gloucestercitynews.net)
- Grameen’s business empire: Grabbing Grameen (economist.com)
- Privatisation of welfare (dawn.com)
- 50 Business Professors You Should Follow on Twitter | OnlineMBA (johnheenan.typepad.com)