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Nobel laureate brings Bangladesh business model to Europe
2006 Nobel Peace Bangladesh’s Muhammad Yunus gives a speech before the plenary Session of the 4th European Developpment Days meeting in Stockholm in October 2009. Yunus brought ideas for creating micro “social businesses” from Bangladesh to Germany, with backing from several of the world’s leading corporations.
French food giant Danone’s President for Asia and Pacific Emmanuel Faber attends a press conference in Paris 2006. Danone has a social business project.
AFP – Nobel peace laureate Muhammad Yunus brought ideas for creating micro “social businesses” from Bangladesh to Europe Saturday with support from several of the world’s leading corporations.
Yunus, who won the 2006 Nobel Peace Prize for developing micro-credits that allow poor people to start companies, said the global economic crisis had given the world “an opportunity to reflect and redesign” business models.