Grameen Bank Founder Has Tips for Entrepreneurs




World Bank Podcasts show

Summary: Muhammad Yunus (Organization Leader),Microfinance (Industry),World Bank Group (Organization),Nobel Prize (Award),Nobel Peace Prize (Award Category),social business,Social Enterprise (Organization Type),access to finance,finance,financial inclusion In the world of microfinance, Nobel Peace Prize winner Muhammad Yunus is a rock star. He was the founder of the Grameen Bank that provides small, low-cost loans to people seeking to pull themselves out of poverty. Join the World Bank Group's Pabsy Pabalan and get his insight into what it takes to succeed. #PabsyLive THE FOLLOWING QUESTIONS WERE ANSWERED AND DISCUSSED: 00:19 What gave you the idea to start Grameen Bank? 02:02: So you mentioned that you approached banks. What did they tell you? I mean what reason did they give that they don’t lend money to the poor? 02:35 Let's imagine that I was one of Grameen Bank’s clients and I have a loan. What mindset do I need for myself to succeed? 03:41 You talked about young people being job creators instead of being job seekers. I grew up thinking that’s easier said than done and I am sure I am not the only one. What can we do to change this kind of thinking?