Grameen Turns Mean?
Enviado por ETC Staff el
The Grameen Bank's June 25th announcement that it will accept US$150,000 from Monsanto Corporation (St. Louis, MO. USA) to launch the Grameen Monsanto Center for Environment-Friendly Technologies is stirring up a storm of controversy throughout agricultural and rural organizations around the Third World. The surprise move was unveiled jointly by Muhammad Yunus, Managing Director of the Grameen Bank and Robert Shapiro, MonsantoÌs Chair and CEO. The company's initial grant is for soft loans to Bangladeshi farmers.