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Microcredit the Grameen way - On Muhammad Yunnus

"My fondest dream is th some day our next generations, our children and grandchildren, will go to the museums to see what poverty was like because there will no longer be any on this planet. And they will accuse us, their forefathers, for letting it continue until the 21st century -because there is no good reason why it should have continued. I believe that day will come. I believe we can create a poverty -free world. I am sure many of you do, and many of you who do not believe now will soon believe in it. And together, we'll create a poverty-free world. "


- Muhammad Yunus, Nobeal Peace Prize Winner 2006.

See his whole moving speech here:

http://www.grameen-info.org/mcredit/timeline.html

And in a times Magazine Interview:

You said a decade ago that our grandchildren will have to go to museums to see poverty. Do you still hold fast to that conviction?

Yes, absolutely: 58% of the poor who borrowed from Grameen are now out of poverty. 2005 was declared the Year of Microcredit and there are over 100 million people now involved with microcredit (programs). At the rate we're heading, we'll halve total poverty by 2015. We'll create a poverty museum in 2030.
Source


Also check out this article as it describes a new philosophy in social entrepreneurship and capitalism. From a non-profit to a non-loss company. Brilliant and revolutionary work!

Today is D-Day for the Arms Trade Treaty!
After three years of campaigning, and one month of active lobbying by Control arms at the UN's First Committee meeting in New York, the voting day has finally come.
Later today, States delegates attending the first committee will vote YES or NO, on a UN resolution to begin negotiations on an Arms Trade Treaty.
The result of intense lobbying is that over 110, countries have co-
sponored the resolution on the Arms Trade Treaty and many others have pledged to support it with YES vote.
We need this to make an impact in the illegal arms that have found their way to all the war areas.
Maybe just maybe we can finally see some needless wars come to an end.

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