Grameen Bank founder and microfinance pioneer, Muhammad Yunus, shares how social business concept applications can overcome unemployment and generate sustainable solutions.
Grameen Bank has moved from loans to set up business to equity. Yunus created a platform where New Entrepreneurs could present their business ideas to garner funds from prospective investors. As Yunus writes, “Replicating the Social business equity investments with unemployed youth around the world can help solve the age-old problem of unemployment, not just in the poor countries but in any country and can turn job-seekers into job creators.”