Muhammad Yunus brings `social business` to Haiti

Last Updated: Friday, October 14, 2011 - 09:07

Port-au-Prince: Nobel peace laureate Muhammad Yunus is introducing a concept called "social business" to Haiti as it tries to rebuild after last year`s earthquake.

The economist says he wants Haiti to have businesses that solve problems.

The Bangladesh native is a celebrity of sorts in development circles. He pioneered the idea of making "micro" loans to some of the world`s poorest people as a spur to economies and anti-poverty efforts.
Yunus began a two-day visit to Haiti on Thursday. He recently joined an economic advisory board for Haiti along with former US president Bill Clinton and others.

Bureau Report



First Published: Friday, October 14, 2011 - 09:07

More from zeenews

 
comments powered by Disqus