Professor Yunus: "Microcredit Not for Personal Gain"
March 5, 2012 | 2:19 PM
Labels: for-profit microcredit, Grameen Bank, micro-credit, Yunus
Watch CNBC Managing Asia edition interview with Professor Muhammad Yunus.
Professor Muhammad Yunus discusses for-profit vs. non-profit microfinance on CNBC Managing Asia®. "We never intended microcredit to make personal gains,"says Professor Yunus. "This is what we are fighting against - the loan shark." What types of guidelines need to be in place to govern microfinance institutions?
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