The dark side of entrepreneurial finance through the eyes of Muhammad Yunus

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2021

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Cairn.info

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Olivier Toutain et al., « The dark side of entrepreneurial finance through the eyes of Muhammad Yunus », Entreprendre & Innover, ID : 10670/1.bdwja5


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In the early 1980s, Professor Muhammad Yunus noted that banks were not providing finance to poor entrepreneurs in Bangladesh. He pioneered microcredit and this became a catalytic social innovation that spread across the world. In this interview, Muhammad Yunus underlines the importance of engaging schools, students, researchers, and practitioners in taking concrete steps and achieving results that contribute to the fight against the dark side of entrepreneurial finance supported by the current capitalist system. Performance indicators for a social business focus on measuring the increase in the number of people who have received help. For example, they might measure how many people are no longer unemployed or how many have had health difficulties resolved.

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