years of social bsuiness mapping as illustrated. Fortunately, all the founders of these multiplicative exponentails up wish to share their experiemces with you starting at this video showcase You can copy the html anywhere you web or log.
Free dvds for the first 10000 applicants who want to play the game of intercitizen snap. When Dr Yunus won the 2006 Nobel Prize, citizens around the world asked him to start Yunus Forum
Almost all of Grameen's 25000 people are focused on serving 7 millon poorest women of bangldesh. If we are to open source Bangladeshi knowhow, citizens are going to help develop microsummits - since 1997 credit summit has multiplied those served by microcredit from about 10 million mainly in bangladesh to 100 million www. Dr Yunus -and Future capitalsim partners - ask for your help as peer to peer mentors over the next 7 years to connect micro summits around health, energy, education, media, government, professionals designing systems micro to inter to macro. The latter will need at least as many SMBAs in every city as MBAs.…
t Coast Unis
are you an 18-25 who wants to connect - mail email@example.com with your location and we'll introduce you the nearest local coordinator or if you already have a vibrant micro network of peers tell us so we can make you a co-coordinator
you can also phone the Dc regional bureau of worldcitizen.tv at 301 881 1655 - some emerging shared resources - 10000 free dvds; the joint web goal of cataloguing 1000 social businesses in one web for Dr Yunus and fellow microcredit eladers to mark end june…
neurial challenge of beginning Grameen America in Queens New York in the new year of 2008. Its reached out to nearly 500 poor in its first year (the year that wall street banks collapsed) achieving Grameen's transparent 99+% repayment rates. So now the serious business starts- which communities in USA need Grameen replications first or most
One possibility is that Chapel Hill N. Carolina may be ready and willing
The International Herald Tribune picks up the story.
Grameen Bank founder Yunus scouts US expansion
The Associated PressPublished: February 5, 2009
CHAPEL HILL, North Carolina: Muhammad Yunus of Bangladesh, a Nobel Peace Prize winner for pioneering a micro-lending model for the world's poorest to engage in business, said Thursday his formula can also help recession-racked American families escape poverty.
"This is the right time to come here," Yunus declared as he sought $2 million in seed money to establish North Carolina as another U.S. foothold for his micro-finance institution outside New York.
The year-old U.S. offshoot of the Grameen Bank that the former economics professor founded in Bangladesh three decades ago also is looking to expand into New Jersey, Nebraska, Louisiana and other U.S. states as economic turmoil closes employment doors on more people.
"It was not in our agenda to be in a crisis, but the crisis is here," Yunus said Thursday with several members of North Carolina's banking establishment flanking him. The micro-lending model means "you create your own jobs instead of waiting for other people to hire you."
North Carolina lenders see Grameen America as an economic development organization reaching out to open the way for people with entrepreneurial skills or a business idea but who are too poor even to set up a bank account.
Grameen has seen sustained interest in a North Carolina expansion from banking leaders in the home of Bank of America Corp. and Wachovia Corp., recently acquired by San Francisco-based Wells Fargo & Co. State banking commissioner Joseph Smith has been working since at least April to lure the lending institution that won the Nobel together with Yunus in 2006.
The Grameen Bank model developed by Yunus involves lending very small amounts, mostly to women, as seed money for home businesses. A Grameen staffer meets the borrowers in groups every week, tracks progress and offers advice on managing money and startup obstacles.
The formula also relies on peer pressure instead of collateral to secure the loans. Potential borrowers must form five-member groups that approach Grameen jointly for loans. While each borrower is individually responsible for a loan of up to $2,200, group members cannot borrow again unless all are paid up.
"It's not about redividing the pie, it's about making the pie bigger," said Jim Blain, president of the State Employees' Credit Union, North Carolina's largest. Between the unemployed and the poor, "there are a lot of people sitting on the sidelines right now."
North Carolina's unemployment rate hit 8.7 percent in December — 1.5 percentage points higher than the U.S. jobless rate of 7.2 percent.
Yunus met at The Carolina Inn on the University of North Carolina campus with Blain, Smith, and representatives of the North Carolina Bankers Association and Durham-based Self-Help, a similar community development organization. All said helping Grameen start up could help stimulate the smallest of small businesses.
"I am committed to getting them set up and operating," Smith said. "I want to get them licensed as a small loan company very soon. ... It's going to happen."
Grameen opened its first U.S. affiliate in New York City 13 months ago and loaned more than $1.2 million to 440 women, all lacking assets or credit rating.
About 70 percent of the borrowers are Hispanic, and their loans launched everything from hairstyling to catering and tailoring services and more, said Stephen Vogel, chief executive officer of Grameen America Inc.
Because of strict U.S. banking laws, the New York office doesn't hold the savings deposits borrowers are required to make along with loan repayments. Instead, the money is held by Citibank, which created special, no-cost checking and ATM accounts for Grameen borrowers, Vogel added.
Grameen's model has traditionally targeted women because experience has found them to be more responsible than men and more comfortable with group responsibility. But lending is open to all in the U.S. where anti-discrimination laws are strict.
Blaine's credit union, which does not lend to businesses, is prepared to provide the costly accounting and administrative tasks and ATM network. "You've got a proven model that is unfamiliar to the United States. There is very low risk," he said. "It may not work, but what does it cost to try? Not much."…
Department for environmental and rural affairs
BROWNS PEOPLE POWER/ ..... YUNUS & BROWN FROM #10 ... gloyo.net
the interesting thing is after the event- where do they expect the collaborations to happen; can we unite their social actions, clintons, yunus forums, mandela elders (I see branson is at the event), obama forums - in cities surely the space reality is student union clubs but nobody seems to be connecting those 360 degrees 24/7
so nearly a year on we really gets to the stage of what is next years plan for socila actions chapter 11 of Yunus book of how Bangladesh invites www youth to connect -the possibilities are far too big for me ( I know my limits and trying to connect UK gov bodies is way beyond them) but it would be a pity if yunus social action portal doesnt connect with this compass now that youth is rising - heck if you can wake up washington DC as the deadest place on the planet nowt's impossible
robert de sousa says he is going; his india-style-if-extrovert is typically very good at going round shaking hands with people; suggest you have a meeting with him before to team up; I supose there's no chnace of convincing happy computer that 100 person yunus forum london monthly meetings are still on exponential up
somewhere in the middle of this is father's friend Lord Malloch-Brown
"the principal conduit between Britain and the candidate has been Lord Malloch-Brown, the junior foreign minister, whom Obama came to admire when he was deputy secretary-general of the United Nations.
Inspired to see how far we can wave rumor of possible http://gloyo.net
who is GLOYO - born as the global reconciliation networks youth chapter in London in 2003 after people form 50 nations had met in red lion square hall to discuss reconciliation at the invite of an australian professor of medicine, his family, momash university, 3 nobel leaureates and many dignatories of peace
gloyo now invites yunus forum and obama forum youth to join micro collaborations worldwide
lity investment yes we can's and wall street's) crisis. And so an optimal time for prep for uni clubs 09/10
event is public but advance reg is required where you will be asked to publish what collaboration you will openly connect befrore, after and during the dialogue
for those not able to attend - you can compete to ask a question- the same thread will be used for after action debriefs and news from year 2 of youth ambassador 5000 which dr yunus began in microcreditsummit in bali 2008…
gards and convened by a deep spirit Melanie St James cheered on by founders of the electronic frontier foundation and other collaborative networkers. In effect it was about planning 7 years of open spaces and summits to unite any open part of california in millennium goals being fulfiled by 2015. It would be fascinating to know if any other region of open space networks is either planning to do something similar or wants to jump on board with california. Is there a way to survey that? bestchris macrae 301 881 1655
ks will meet up in kenya and what is intended to be the best ever microcredisummit now there is a lot of good community up models to celebrate around africa ; this also interconnects with mostofa's main intercity network project this year 09/10 with dr yunus which is connecting the 5000 youth ambassadors most likely to be of lifelong pursuit of micro up and sustainability investment franchising…