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Haiti allocates land for Yunus Social Business projects

  • Published at 04:33 pm September 28th, 2013

The Haitian government has allocated about 10,000 hectares of land in that county for Yunus Social Business for its reforesting projects, reports UNB.

An agreement in this regard between Nobel Laureate Prof Mohamad Yunus and Haitian Agriculture Minister was signed on the sidelines of the 9th Clinton Global Initiative (CGI) annual meet at New York, which ended on September 26 (NY time), said a Yunus Centre media release on Saturday.

Through his Global Initiatives arm Yunus Social Business, Prof Yunus has launched eight social business projects in Haiti. Ten more are in the pipeline waiting to complete the final preparations for launching.

Besides, Haiti Social Business Fund, of which Yunus is a founder, signed an agreement with Deutsche Bank to receive a loan of one million dollar.

Earlier, Dr Yunus addressed a special session on Haiti at the CGI.

 Prof Yunus was also honoured by the Prime Minister of Albania, Edi Rama, with a Lifetime Achievement Award for his contribution to poverty alleviation in Albania and Kosovo.