Muhammad Yunus

Paul Wellman

Muhammad Yunus

Muhammad Yunus Talks Microfinance

Microfinance pioneer Muhammad Yunus (pictured) headlined this year’s Westmont College President’s Breakfast on 2/28 and spoke about the inspiration behind Grameen Bank, which he founded in 1976 to create loans for those without good credit or the necessary capital to start a business. Through Yunus’s model, the bank has lent to more than 8.4 million poverty-stricken borrowers, and more than 250 institutions throughout the world have set up such micro-credit programs.

To submit a comment on this article, email or visit our Facebook page. To submit information to a reporter, email

Be succinct, constructive, and relevant to the story. Leaving a comment means you agree to our Discussion Guidelines. We like civilized discourse. We don't like spam, lying, profanity, harassment or personal attacks.

comments powered by Disqus
event calendar sponsored by:

County Accountant Pleads Guilty to Embezzling $2 Million

Forensic audit discovers almost 300 false invoices filed over nine years.

Los Padres ForestWatch Opposes Logging in Condor Country

Timber companies target 2,800 acres of trees near Mt. Pinos along the Tecuya Ridge.

Lawmakers Move to Impede Offshore Oil Leases

A pair of bills aim to counter the federal government's new push for production.

More Money Available for Santa Barbara County’s Disaster Victims

The United Way is giving to Santa Barbara nonprofits and offering direct cash grants.

Santa Barbara’s Commuter Train Brings Solid Ridership and Timely Service

The first two weeks of service have seen a daily average topping 180 riders.