Lamia Karim: The fall of Muhammad Yunus and its consequences for the women of Grameen Bank.
In 2006 the Grameen Bank of Bangladesh won the Nobel Peace Prize for its innovative microfinancing operations. In March 2011, Grameen Bank founder Muhammad Yunus was ousted as head of the microfinance lender by the Bangladesh government, which owns 25% of the company. The government claims Yunus, 70, is far past its country’s mandatory retirement … More Lamia Karim: The fall of Muhammad Yunus and its consequences for the women of Grameen Bank.