Dr. Mauri Grönroos and Dr. Shaidul Kazi of TAMK IB met with Professor Muhammad Yunus in Dhaka, Bangladesh. Yunus, the inventor of microcredit received the Nobel Prize in Peace 2006 for his contribution.
The next idea of Yunus is social business that aims to reduce dependency on permanent development aid by providing business skills and teaching the poor to help themselves. International Business TCA has developed the concept further and has a pilot project in Namibia.
Professor Yunus was pleased to hear of the progress and had many ideas to improve the concept further.