“Mamma Mia!” helmer Phylidda Lloyd is developing a feature project inspired by economist Muhammad Yunus’ revolutionary concept of micro-financing.
Yunus, who won the Nobel Peace Prize in 2006 for his work, pioneered the use of micro-loans to people — predominantly women — in poor communities; program saw sums of as little as $27 loaned out, which allowed fund recipients to lift themselves up from poverty.
His Grameen bank has since loaned over $6 billion in Bangladesh and his work has been duplicated in more than 100 countries.
Project is being co-produced by former BBC Films’ topper David Thompson’s Origin Pictures and Christian de Boisredon, Vivian Norris de Montaigu and Nicolas Jourdier, who initiated the project and collaborated closely with Yunus to get his seal of approval.
The still-untitled project is being written by Francesca Marciano.
“Yunus has thrown down the gauntlet to all of us,” said Lloyd. “If the poorest of the poor can transform their worlds, what excuse is there for the rest of us? This is an astonishing story of not taking ‘no’ for an answer.”