Interview: Muhammad Yunus on micro-credit & social impact models for a changed world

Muhammad Yunus also sees room for CSR fund flow into social business and also moots a social business microcredit bank.

As people across the world, especially the poor, gather themselves and restore their dislocated lives, a lot needs to change and adjust to the new realities. Financial Express Online reached out to Muhammad Yunus, the Nobel laureate from Bangladesh and the founder of the Grameen model of microcredit on how he sees the change coming. Professor Yunus, as he is often referred to by those who know him or engage with him, talks of the way he is seeing change happening and the course ahead in micro-lending, a space that he pioneered and inspired many in India and around the world. He also talks of social businesses, the not-for-profit operations focused on social impact that has been engaging his attention for quite some time now. He talks of virtual meetings replacing physical interactions, albeit there are challenges that need to be overcome where connectivity is a…

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