Expanding Dr. Yunus' Sphere of Influence » Social banks

Coming here, the man who lends cash to people banks won’t touch

Sabine Kurjo McNeill — Fri, 11 Jun 2010 12:16:18 +0000

It is rather disturbing:

we have a ‘crisis’
the State needs to cut spending
home repossessions and bankruptcies are rising
we discover that bankruptcies and repossession are illegal and unlawful and more victims of financial, legal and judiciary exploitation
and a Bangladeshi has to show us how ‘proper banking’ has to be done – for the real people in the real economy.

This article in The Independent describes the opening of a branch in Glasgow.

Yunus calls for standardised interest rates

Sabine Kurjo McNeill — Thu, 18 Mar 2010 08:12:46 +0000

This article in the Daily Star in Bangladesh is the result of a conference of microfinance institutions.

To call for standardised interest rates across all microfinance institutions would, of course, take all the steam out of the criticism that has arisen. But it’s always easier to criticise than to create!

Grameen America comes to Omaha

Sabine Kurjo McNeill — Thu, 04 Mar 2010 13:52:03 +0000

After Grameen America opened its first branch in Queens, New York, the organization is now expanding to Omaha, Nebraska.

Full story here.

Grameen Glasgow, here we come!

Sabine Kurjo McNeill — Mon, 06 Jul 2009 10:22:03 +0000

The BBC publishes this story about Grameen Glasgow where the question is whether people on benefit are allowed to take out loans…

Social banks profit from Icelandic crisis

Sabine Kurjo McNeill — Wed, 03 Dec 2008 11:24:16 +0000

In this news articlefrom Third Sector Finance, four UK banks are mentioned to benefit from the collapse of “non-social” banks:

CAF Bank, owned by the Charities Aid Foundation
Triodos Bank

Co-operative Bank
Unity Trust Bank