An Update on the Muhammad Yunus Situation

03/24/2011 09:41 am ET | Updated May 25, 2011

I have been receiving lots of emails with information that will help to explain the present situation of Nobel Peace Prize winner Muhammad Yunus and the Grameen Bank. Supporters of microfinance around the world stand in support of Dr. Yunus and are doing their best to help resolve this situation. Organizations such as Grameen Foundation, Grameen America, Accion, Women's World Banking, The Microcredit Summit, Kiva, and others, have been working hard getting loans to those in need, which is what Dr. Yunus has been working so very hard to do for most of his life.

As Dr. Yunus always says, "I am not the hero, the women are the heroes." He added in a recent email, "We must keep fighting on, we must, for the poor women."

For those of you who have questions regarding where things stand and what the more long-lasting effects of Dr. Yunus' removal could be, please read these articles here, here, here and here.

And from Microfinance Focus:

On March 31, 2011 theatres across New York City will screen Gayle Ferraro's film "To Catch a Dollar: Muhammad Yunus Banks on America" which will be accompanied by a taped discussion with Dr. Yunus. The event will introduce American audiences to the potential for microfinance in the United States, and Nobel Laureate Professor Muhammad Yunus's Grameen Bank.

The event will be moderated by CNBC anchor Maria Bartiromo, featuring special guests Suze Orman, President of, Premal Shah, and Robert DeNiro. The evening will also include video appearances by Hugh Jackman, Matt Damon, Russell Simmons, and many others.

For more info please visit Microfinance Focus.

For more updates, follow me on Twitter: vivigive and visit: