In 2008, at the time when the Yunus model of microfinance, was under fire in his native Bangladesh, the model in rural Yunnan China was started. The original model suffered from inefficiency, high interest rates and allegations of irregularities against the founder, Nobel laureate Muhammad Yunus. In contrast, the Yunan model on social capital and mechanism design theory called to the rural population, financial institutions and government in a cooperative effort to win increa … Read more »

In 2008, at the time when the Yunus model of microfinance, was under fire in his native Bangladesh, the model in rural Yunnan China was started. The original model suffered from inefficiency, high interest rates and allegations of irregularities against the founder, Nobel laureate Muhammad Yunus. In contrast, the Yunan model based on social capital theory and mechanism design to the rural population, financial institutions and government agencies in a cooperative effort to gain financial stability in order to increase the level of entrepreneurship and one of the poorest areas of the country. Could “Microfinance with Chinese characteristics” have a plan to reduce poverty in China?
You Yuping authors and Randall O. Chang are affiliated with Guangdong University of Foreign Studies. Author Meng Wu affiliated with the University of Southern California.
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You Yuping,
Randall O. Chang,
Meng Wu,
Chun Li
Source: Ivey Publishing
9 sides.
Release Date: 5th July 2013. Prod #: W13266-PDF-ENG
Contrasting China’s Yunnan model with Bangladesh Yunus model for microfinance HBR case solution

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