New Model for Development
Your profile of Dr. Mohammad Yunus was very informative. Through his ground-breaking work with the Grameen Bank, Dr. Yunus has revolutionized development work and today is one of the leading voices for alleviating poverty and promoting female empowerment. It is a matter of pride for all South Asian nations to acknowledge that the model of microfinance introduced by one of its own citizens is now emulated throughout the world. Not only Bangladesh, but also parts of Africa, the Middle East, South Asia and the developing world have benefitted greatly from Yunus’ work. With a strong focus on women empowerment, his programs aim to bring self-sufficiency, sustainability and independence to millions of women around the world. Working around a reliable and consistent economic model, the Bank has introduced policies that are 100 percent dependable.
Given the phenomenal results shown by both the Bank and Dr. Yunus, it is unfortunate that he has become the target of political parties with vested interests in Bangladesh. It is a shame that the administration of the Grameen Bank has been accused of corruption and Dr. Yunus has personally been Sheikh Hasina’s verbal target, simply because he is viewed as
a potential rival. This is nothing more than belittling his contributions to the realm of international development. While the rest of the world hails him as a hero, it is shameful that his own country victimizes him.
Sana Jamal Dhaka, Bangladesh