President Museveni yesterday held a meeting with Professor Muhammad Yunus, a Bangladeshi 2006 joint Nobel Peace Laureate, who launched an accelerated campaign for entrepreneurs searching for financially viable ways of producing and delivering products and services that bring social change and demonstrate models for scaling within their communities or replication elsewhere.
Prof Yunus is the chairman of Yunus Centre, a micro finance company based in Bangladesh, and the two discussed how the lives of ordinary Ugandans can be changed through social businesses.
His organization, the Yunus Social Business (YSB) has been operating in Uganda since 2013 and is interested in starting game changing social businesses through agriculture, health, education, vocational training and renewable energy.
The meeting at State House Entebbe was attended by finance minister Matia Kasaija, his agriculture counterpart Tress Buchanayandi and the YSB-Uganda Executive Director, Eriab Kiiza.
An academic and enterprising entrepreneur, Professor Yunus is also the founder of the Grameen Bank, which was jointly awarded the Nobel Peace Prize with him in 2006. The bank currently boasts of 8.4 million members and has lent out over US$12 billion.