Latest / The Pivot Podcast with Fexingo: How Businesses Change Direction and Survive Disruption
How Grameen Bank Pivoted to Microfinance
In this episode of The Pivot Podcast, Lucas and Luna explore how Muhammad Yunus turned a bold idea—lending tiny amounts to the poorest women in Bangladesh—into a global movement that has lifted millions out of poverty. They trace the pivotal moment when Yunus lent $27 to a group of 42 bamboo stool makers, the decision to bypass traditional collateral, and how Grameen Bank's model of group lending and social business became a template for microfinance institutions worldwide. The hosts also discuss the challenges and criticisms Grameen has faced, including loan recovery issues and the…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.