Fo
rget comparable achievements by any other entrepreneur, Prof. Yunus’s initiatives can put even governments to shame. For, his bank has not only provided income-generating loans (and that too without any collaterals) in millions and student loans to the poorest of poor families, but has also been instrumental in building 6 lac homes. Reports state that ‘an overwhelming 5% of his borrowers come out of poverty every year. It is through his efforts that poor children are now healthier, education and nutrition levels are higher, housing conditions are better, child mortality has declined by 37%, the status of women has been enhanced and the ownership of assets by poor women, including housing, has improved dramatically’.
For Complete IIPM Article, Click on IIPM Article
rget comparable achievements by any other entrepreneur, Prof. Yunus’s initiatives can put even governments to shame. For, his bank has not only provided income-generating loans (and that too without any collaterals) in millions and student loans to the poorest of poor families, but has also been instrumental in building 6 lac homes. Reports state that ‘an overwhelming 5% of his borrowers come out of poverty every year. It is through his efforts that poor children are now healthier, education and nutrition levels are higher, housing conditions are better, child mortality has declined by 37%, the status of women has been enhanced and the ownership of assets by poor women, including housing, has improved dramatically’.For Complete IIPM Article, Click on IIPM Article
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