social entrepreneurship

1. The concept of social
entrepreneurship and
contribution of Muhammed
yunus for Grameen bank in
Bangladesh

2. “My message is, don’t ignore
them(women) because they are
poor;Together they are rich”.
- Dr.Muhammad Yunus

3. Introduction
• Generally -social entrepreneurship as "a
way to catalyze social transformation well
beyond solution of social problem that are
initial focus of concern ”
• Social transformation encompasses
constellation of health, education ,
economic, political ,cultural components
of society more than initial concern of
poverty
•My emphasis on initiatives Yunus
Muhammed on Grameen Bank Of
Bangladesh

4. Social entrepreneurship:
definitions
 Ducker: Creation of value through
innovation
 Emerson and Twersky: Combining
commercial enterprise with social
impacts

5. Components of social
entrepreneurship
• Adopting a mission to create and sustain social
value , not private value
• Recognizing and relentlessly pursuing new
opportunities to serve that mission
• Engaging in a process of continuous innovation
,adaptation and learning
• Acting boldly without being limited by the resources
currently in hand
• Exhibiting a heightened sense of accountability to
the constituencies served and for the outcomes
created
According to
prf:J.Gregory
Dees of
Standford
university he
outlines five
factors that
define social
entrepreneurship

6. Grameen bank of Bangladesh
 Grameen bank established in 1976
 Professor Muhammad yunus head of the Rural
Economics Program at the University of
Chittagong was founder of this project
 he launched an action project to examine the
possibility of designing a credit delivery system to
provide banking services targeted at the rural
poor
 Its first experiment was at the in Jobra village
 At the time of 1976-79 it extended to neighboring
villages
 In October 1983, the Grameen Bank Project was
transformed into an independent bank by
government legislation

7. OBJECTIVES OF GRAMEEN BANK
• Extend banking facilities to poor men and women.
• Eliminate the exploitation of the poor by money
lenders.
• Create opportunities for self-employment for the vast
multitude of unemployed people in rural Bangladesh.
• Bring the disadvantaged, mostly the women from the
poorest households, within the fold of an
organizational format which they can understand and
manage by themselves.
• Create opportunities for self-employment for the vast
multitude of unemployed people in rural Bangladesh
• .

8. Vision and Mission
 Four principles of Grameen Bank: Discipline,
Unity, Courage and Hard work – in all walks of
out lives.
 According to Yunus: Credit is human right and if it
is established for poor they can over come
poverty by generating own employment and
income.
 Concern and commitment for poverty alleviation
of poor people
 Adopt a progressive attitude: development is a
long-term process which depends on the
aspirations and commitment of the economic
operators
 According to a recent report 65 percent Grameen
members have already crossed the poverty line.

9. Undertaking ventures
 Grameen family of organizations has
grown beyond Grameen Bank into a
multi-faceted group of profitable and
non-profit ventures
 Grameen Bank-Grameen Trust-
Grameen Telecom-Grameen phone-
Grameen Shakti-Grameen Shiksha-
Grameen Byabosa Bikash-Grameen
Danone Foods-Grameen Health care

10. A Story of Success
 In September 2008, Grameen has 1,
40,016 centers, 1, 98,038 groups and
about 7.6 million members.
 97% of its members are women.
(Lathifi, 2008)
 According to a recent report 65
percent Grameen members have
already crossed the poverty line

11. Conclusion
 Basic needs like food and shelter creates
satisfaction and confidence in poor
people ,becomes a bridge for the
developmental process of all society.
 Economic satisfaction of women cause
for prosperity of family-Family is basic
unit of society-prosperity of basic unit
catalyst for prosperous society.
 Grameen system encourages the
borrowers to adopt some goals in social,
educational and health areas. These are
knows as "Sixteen Decisions

12. 18 DECISIONS FOR POVERTY
ALLEVIATION
Grameen Bank's activities will lead the
marginalized poor people of Bangladesh
towards a socio-economic transformation as
reflected in "The Eighteen Decisions", which
can be viewed as its Poverty Alleviation
Program. These decisions encourage the
borrower members to make necessary
changes in their lives personally, economically,
and socially, which on the one hand, disrupts
traditional values and thinking, but on the other
hand, prevents the poor from being deeply
indebted to the middlemen

13.  By providing income-generating opportunities to
women, the living standard of families is
upgraded, and at the same time, the security
aspect of women in their marital relationship and
social status, in general, gets improved.
 The borrowers of Grameen Bank were engaged
in a series of week-long intensive dialogues at
the village level to reflect on their lives for five
years from 1980 to 1984. Some of those
dialogues generated “decisions", which the bank
later circulated among those who had not got a
chance to participate in dialogues. The decisions
covered many topics, but put a high priority on
health (drinking water, fighting night-blindness by
eating vegetables, housing, latrines, family
planning, and cleanliness). Since 1984, the
"Sixteen Decisions" became an integral part of
Grameen Bank. Borrowers are required to make
continuous strides to implement these decisions.

14. https://grameenbank.org.bd/methodolog
y/18-decision
https://www.youtube.com/watch?v=MgY
es4bA7oM
https://www.youtube.com/watch?v=L4k
U97gXWj0