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Yunus, Adidas join hands to make low-cost shoes Email this page
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Dhaka, Mar 21 (PTI) Nobel laureate Muhammad Yunus' Grameen Group and German sports apparel maker Adidas have joined hands to manufacture low-cost shoes for the poor people in Bangladesh.
"As the first step, the two sides have signed a MoU and are working together on how to bring the products into market tentatively by year-end," The Daily Star today reported quoting officials of Yunus Centre, the hub of the Nobel laureate's social business activities.

Grameen and Adidas are working on the price issue, they said.

"We are working on the price issue. It will be quite affordable for the poor," said Nadina Terrera, assistant programme officer of Yunus Centre.

At a meeting at Yunus Centre last week, Yunus had said: "The shoes will be cheap and affordable by the poor. It will protect people from diseases.

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