Yunus, who had been managing director of Grameen Bank since 1999, is 70 years old.
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"I believed this would be a momentous development, as big as Bangladesh's Grameen Bank, " he adds.
Discomforted, the Norwegian government asked Grameen Bank, which had originally been given the funds, to retain ownership.
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Grameen Bank is a microcredit organization that strives to fight poverty via small loans to impoverished Bangladeshi populations.
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These were the basic gaps that prompted the Grameen Bank and others like it in their early days.
Just ask the great microfinance pioneer Muhammad Yunus of Bangladesh's Grameen Bank -- women are the best bet.
This program is a perfect example of the share value principle both for Adidas and for the Grameen Bank.
Muhammad Yunus and the Grameen Bank shared the 2006 Nobel Peace Prize.
Microfinance encourages the poor to save but, unlike the Grameen Bank, BRAC also lends a lot to small companies.
In 2006 Danone and Grameen Bank started a joint venture in Bangladesh, where Grameen had been operating for 23 years.
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She was active in developing micro-finance two decades before Muhammad Yunus and Grameen bank shared the Nobel Peace prize for microcredit.
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His supporters fear that the government plans to remove him from Grameen Bank, the microlender he founded, and take it over.
ECONOMIST: A microfinance pioneer is under attack in his homeland
Elsewhere, the hounding of Muhammad Yunus, a Nobel laureate and founder of the Grameen Bank who briefly flirted with politics, was vindictive.
The concept was pioneered by Muhammad Yunus, the founder of Grameen Bank in Bangladesh and winner of the 2006 Nobel Peace Prize.
He struck up a relationship with Muhammad Yunus, the founder of Grameen Bank, which provides microfinance, to turn the dream into reality.
The government says that Grameen Bank owns or part-owns all these firms, and that its stakes partly belong to the government itself.
Dr Yunus is the managing director of Grameen Bank, whose 1, 300 branches serve more than 3.5m people in 46, 000 villages in Bangladesh.
Mr. Aquino said that CARD, the micro-financing provider modeled after Bangladesh's Grameen Bank, asked MicroVentures to build a business that identifies and supports borrowers.
The idea of microfinance was developed by Muhammad Yunus, who founded the Grameen Bank in Bangladesh and was awarded a Nobel prize in 2006.
Grameen Bank, a microlending organization founded by the Nobel Peace Prize winner Muhammad Yunus, a Muslim Bangladeshi economics professor, now operates in the United States.
You see over time that Grameen Bank was a hybrid organization.
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Grameen Bank has been a source of ideas and models for the many institutions in the field of micro-credit that have sprung up around the world.
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Grameen Bank founder Muhammad Yunus is fighting a protracted political battle in his home country of Bangladesh, where the government recently ousted him from his post.
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From modest beginnings three decades ago, Yunus has, first and foremost through Grameen Bank, developed micro-credit into an ever more important instrument in the struggle against poverty.
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Sims references a little better by the name of Muhammad Yunus, who launched the microfinancing industry with Grameen Bank and won the Nobel Peace Prize in 2006.
Grameen Phone, a Grameen Bank offshoot founded to provide services for the poor, now sells to everyone and has become the largest provider of mobile-phone services in Bangladesh.
Emmanuel Faber, co-COO of French food company Danone, was in town this week talking social business with Mohammed Yunus, the 2006 Nobel Prize winner and founder of the Grameen Bank.
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Three decades after creating the Grameen Bank, which makes small loans to poor people, Yunus is preaching the gospel of social business, which he defines as self-sustaining enterprises that tackle social problems.
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Chowdhury, who formerly headed up IT for the Grameen Bank, describes what happened in off-the-grid Bangladeshi villages when her team put solar power and mobile technology into the hands of illiterate women.
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