Social Entrepreneurship is Important

This year, Muhammad Yunus, founder of Grameen Bank was awarded the Nobel Peace Prize. His contribution to society? The idea of microcredits, which are very small bank loans given to the poor to help them develop their own businesses.
It should be pointed out that Grameen Bank has been very successful making money from microcredits. They’re not a non-profit organization. But in many ways that’s precisely the point; you can help and make money at the same time.
Some might argue the moral implications of getting rich off the poor, but Muhammad’s goal is to help the poor rise up with opportunities …read more