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Muhammad Yunus’ Alternative Economy for the World’s Poor – Thursday, January 10

January 7, 2013

BPPosterSmall2On Thursday, January 10, 2013, at 7:00 p.m., join Conscientious Projector for a screening of a compelling and hopeful film, Bonsai People:  The Vision of Muhammad Yunus.  Economist Muhammad Yunus refers to the poor metaphorically as “Bonsai people,” that like the miniature trees, “Society never allowed them the space to grow.” Yunus and Grameen Bank, the financial institution he founded to alleviate poverty in Bangladesh, were awarded the Nobel Peace Prize in 2006 for pioneering the concept of microcredit, making small loans to poor people, mostly women, to start small local businesses with the goal of uplifting themselves, their families and their village communities. In thirty years, this innovation has spread to every continent and benefited millions with an astounding 98% rate of return on investment. Filmmaker Holly Mosher’s inspirational documentary Bonsai People: The Vision of Muhammad Yunus features him and his trailblazing “social business” work, focusing on the challenges and successes of six Bangladeshi women who receive microcredit loans and go on to transform their lives.

The film will be followed by a community discussion, at The Armory Center for the Arts, 145 N. Raymond in Old Pasadena. Admission is free and the facility is accessible to disabled persons.

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