Pitney Bowes 2006 Annual Report Download - page 15

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This groundbreaking venture was the inspiration of
Bangladeshi economist Muhammad Yunus, who won
the Nobel Peace Prize in 2006 for his pioneering work
in microfinance. Grameenphone, the service provider
and a sister concern of Grameen Bank, turned to
Pitney Bowes Group 1 Software to develop an invoicing
system that was both economical and robust enough to
meet the diverse needs of these entrepreneurial women
and its other 10 million customers. Grameenphone
(owned 62 percent by Telenor AS of Norway and
38 percent by Grameen Telecom Corporation) can
now even add marketing messages to its invoices,
including ideas for how the women can grow their
businesses, thus ensuring the continued success
of this noble enterprise.
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