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Micro-Loan Pioneer Takes Reimagine Capitalism Campaign To Art Market In Santa Fe

Jul 11, 2018

SANTA FE, N.M. (AP) — Nobel laureate and financier to the poor Muhammad Yunus is taking his campaign to reimagine capitalism to the International Folk Art Market in Santa Fe, where visiting artisans and cooperatives from dozens of countries are encouraged to think as entrepreneurs.

In its 15th year, the annual bazaar provides a combination of cultural exchange and economic lifeline between U.S. consumers and international artist — from Mexico to Laos — who work within folk art traditions. Tutorials and networking events were scheduled Wednesday to help visiting artists consummate sales in New Mexico and thrive in the future.

Yunus, a pioneer in the use of low-interest microcredit loans to the poor in his native Bangladesh, praises the creative power of self-employed artisans and says more businesses must be built upon selfless motives.