GD report: The Grameen Crédit Agricole Microfinance Foundation (GCAMF) was established in Luxembourg as a result of collaboration between Grameen Trust and Credit Agricole S.A., France in 2008. It has an endowment of 50 million to support microfinance and social business programs through community based organizations, MFIs and social business projects in different countries around the world, especially in Africa and Asia. The primary aim of the Foundation is to enable the poor, mostly women, to lift themselves out of poverty and improve their socio-economic condition.

The Board of Directors of the Foundation has 12 members including Her Royal Highness Maria Teresa, Grand Duchess of Luxembourg and Nobel Laureate Professor Muhammad Yunus. For smooth and effective functioning, the Foundation has formed Project Committee, Working Group and Ethics Committee. Till October 2010, GCAMF organized 5 Board meetings including one in Bangladesh. It organized 9 Project Committee, 5 Working Group and 2 Ethics Committee meetings in Paris.

GCAMF provides funding in the form of loan, equity and guarantee. Till October 2010, it has approved loans to 14 MFIs in Kosovo, Cambodia, Philippines, Kenya, Tanzania, Mali and Senegal, equity to 3 social business projects in Senegal, France and Bangladesh and guarantee to 6 MFIs in India, Egypt, Syria, Ethiopia and Mali.

Given its special focus on Africa, it will hold its next Board meeting in Senegal in February 2011.


Excerpt from 

Addressing the Future

High-Tech and High-Touch

by Crown Princess Maria Teresa of Luxembourg


The Universal Declaration of Human Rights says that every person has the right to a

standard of living adequate for the health and well-being of himself and of his family,

including food, clothing, housing, medical care, and the necessary social services: the right to security in the event of unemployment, sickness, disability, widowhood, old age, or other lack of livelihood or circumstances beyond his control. The declaration also asks the state to ensure effective application of these rights.

Throughout my university years in Geneva, many theories were unsatisfying to

me. One of my main concerns as a student of political science was our continued

acceptance of the fact that some countries become richer and others poorer.


When I became a goodwill ambassador to UNESCO, the director-general,

Frederico Mayor, asked me what cause I would be willing to serve. I answered him

that my main interest would be helping those who suffer in developing countries. He

then suggested that I visit a great friend of his in Bangladesh, Professor Mohammed

Yunus, the so-called friend of the poor. A few months later, I arrived in Dhaka for one

of the most impressive experiences of my life....

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Which World Class Projects urgently need pro-youth investors?

About Pro-Youth economics at Norman Macrae Foundation online library of norman macrae - The Economist's Unacknowledged Giant -videos 1 2 -fansweb  NMFoundation- youth projects - include yunuschoolusa

 

fullest press reports  Grameen Brand Partnership Architecture

exponential impact advisory: the social business youth networks inspired by muhammad yunus -without which millennium goal actions networks would be way behind are worth far more than any individual parts according to Norman Macrae Foundation  trilliondollaraudit methodology and charter notespace

Beyond the extraordinary investment of the members bank at Grameen, and the approximate third share its members foundation holds in grameenphone, here is our Unofficial League Table of Most Impactful Social Business Investments around yunus - last update 1 dec 2012

! Grameen Solar

Grameen Mobile Nursing nets and college

3 Portfolio of investments linkedin by Japan

4 Portfolio of youth-led networking inventions in US educationsystem  tertiar and secondary - transparency note NM Foundation has minor donation/loan interest

5 Investments in Grameen as collaboration brand linked in out of paris- the origin of global social business partnership funds

6 OpenTech investments of Grameen Intel

 

-------- while not controlled by yunus we see wholeplanetfoundation microcredit investment table and conscious capitalsm movements and hugely important to advancing pro-youth economicsmission of friends of youth and yunus

 

email chris.macrae@yahoo.co.ukif you have questions or recommendations of entries that should be in this league table

-please read notes about what pro-youth economists mean by superapps being most impactful


Nov 2011 Europe's last super summits?- G20 3-4 Cannes; SB ac 9 gen 10-12 vienna; MC near madrid 14-17  European Union Nov 18 

click pic to download journal of pro-youth economics sampled by post to 3000 leaders chosen by Yunus

papers world microcreditsummit 2011


 

2010s Global Village Economics Races- will youthand societies win the race to:

  • bankabillion people directly on mobile phones - if so 10 times lower transactional costs can change every assumption of economics
  • Good News Media- even before Rupert Murdoch's expose filmakers like Will Wenders showed there is notimefelt to empower youth with joyful world service media
  • Will first 10000 entrepreneurial rural telecentres be owned mutually for poorest in communities or by Bill Gates- how does this depend on whether giving circles of billanthropists use microeconomic or macroeconomics's opposite valuation metrics?

 

SB Stockmarkets:

  • A) banking & financial services
  • B) green including energy and food and water
  • C) goodwill media, tech and edu
  • D) health

Next Pro-Youth & Ynuus Deadlines

18 Januray 2013 Alabama

30 January 2013 Tokyo

rsvp chris.macrae@yahoo.co.ukto share news of these and other key youth and yunus events

 


More

 

India 2011 Law on Microcredit

 

BBC and Murdoch 

Call for microcreditsummit to launch SB stockmarket of banks

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