NOBEL PEACE PRIZE WINNER MUHAMMAD YUNUS Essay Example | Topics and Well Written Essays - 500 words

NOBEL pause PRIZE WINNER MUHAMMAD YUNUS - Essay ExampleThe value that Grameen Bank gives to the peck offers it the breathing ground to stand itself to look at the latent and capability of an individual to improve his/her life. No longer is it limited to Bangladesh only also to other parts of the globe. The reliance it gives to the people becomes a leeway for the building of confidence of the people it serves. By giving them the capital to start with they are entrusted with their own fate. In such they are authorise to rise above their current situation. Every single individual on earth has both the potential and the right to live a decent life. Across cultures and civilizations, Yunus and Grameen Bank have shown that even the poorest of the poor passel work to bring almost their own development (Yunus Centre, par. 4).What Yunus has done is virtually unthink suitable in a capitalist perspective. No corporate bank in its right mind would lend money to soulfulness who has littl e to no liquidable asset, much more, someone who is without euphemism dirtpoor. It is basically like having your cake and eating it too, being able to capitalize while doing something good is just an idea in the corporate world. But this is the essence of how Yunus goes about his advocacy. Besides the core principle of making a machination of money, Grameen Bank is aimed to improve the lives of people in the beginning anything else. A radical concept that is pushed further into fruition through the merger of Danone, a French intellectual nourishment company and the Grameen Group which will sell healthy and enhanced yogurt to underprivileged children. These investors immediately gets reimbursement for their former stake as soon as it delivers profit which is fundamentally the money reverting to help others. through this there is no pressure on the shareholders, a social business on a multinational scale (Kiviat, par. 1-2).The organization boasts of a number of testimonials from p eople who were able to successfully have their own minor(ip) business through