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Sheik Hasina Wazed


Self Description

Third-Party Descriptions

January 2011: 'In December, the prime minister of Bangladesh, Sheik Hasina Wazed, who had championed microloans alongside President Clinton at talks in Washington in 1997, turned her back on them. She said microlenders were “sucking blood from the poor in the name of poverty alleviation,” and she ordered an investigation into Grameen Bank, which had pioneered microcredit and, with its founder, was awarded the Nobel Peace Prize in 2006.'

http://www.nytimes.com/2011/01/06/business/global/06micro.html

Relationships

RoleNameTypeLast Updated
Supporter of (past or present) Opponent (past or present) Grameen Bank (GB) Organization Jan 6, 2011
Supporter of (past or present) Opponent (past or present) Muhammad Yunus Person Jan 6, 2011

Articles and Resources

Date Fairness.com Resource Read it at:
Jan 05, 2011 Microlenders, Honored With Nobel, Are Struggling

QUOTE: microloans have prompted political hostility in Bangladesh, India, Nicaragua and other developing countries....But as with other trumpeted development initiatives that have promised to lift hundreds of millions from poverty, microcredit has struggled to turn rhetoric into tangible success.

New York Times