Bangladeshi banker, Nobel Peace Prize recipient and the Chief Advisor of Bangladesh
Muhammad Yunus (Bengali: মুহাম্মদ ইউনুস Muhammod Iunus) (born June 28, 1940) is a Bangladeshi banker and economist. He is the developer and founder of the concept of microcredit. In 2006, Yunus was awarded the Nobel Peace Prize.
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If you are born into a poor family, if you are a woman you have seen the worst of poverty. In a cultural way in the families in Bangladesh it's the women who eats last. So if you have a scarcity in the family … she misses out so everything comes in the raw deal for her. So, given a chance she works very hard to make a change to improve her life. And by training she is the most efficient manager of scarce resources. Because with the little resource she has, she has to stretch it as much as she can to look after the children, look after the family and everything else..unlike men - men want to enjoy right away. Whatever he got, whatever tiny bit of thing he got he doesn't care for much what's coming up.
I believe that, ultimately, the only way to definitively eradicate the pandemic is to have a vaccine that can be administered to all inhabitants of the planet... The effectiveness of the upcoming vaccination campaign will depend on its universality. To ensure the availability of the vaccines to all people on the planet almost at the same time, it has to be free from ownership. To do so we intend to make a global pharmaceutical social business operational as soon as possible. I am looking for partners to help us achieve this goal... It has to be freed from commercial interest. The polio vaccine was declared as a common good, not owned by anybody. Why not (have) the corona vaccine follow the same path?
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As a social business, Grameen Danone follows the basic principle that it must be self-sustaining, and the owners must remain committed to never take any dividend beyond the return of the original amount they invested. The company’s success is judged each year not by the amount of profit generated, but by the number of children who escape malnutrition in that particular year.
What happens to the rest of the world? It’s as if the rest of the world will be forgotten... This is a vaccine that is needed by 8 billion people. What happens to poor people? What happens to poor countries who cannot afford to pay the prices that they’ll be charging in the rich countries? With social business, shareholders don’t want to make any profit out of it so no dividend is taken from the company and we can reduce the cost and produce anywhere.