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Muhammad Yunus (born 28 June 1940) is a Bangladeshi social entrepreneur, banker, economist and civil society leader who was awarded the Nobel Peace Prize in 2006 for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance.
“Banker to the Poor” Professor Muhammad Yunus established the Grameen Bank in Bangladesh in 1983, fueled by the belief that credit is a fundamental human right. His objective was to help poor people escape from poverty by providing loans on terms suitable to them and by teaching them a few sound financial principles so they could help themselves.
Jan 2, 2024 · Nobel prize winner Muhammad Yunus on Monday (January 1) was sentenced to six months in jail by a court in Bangladesh for violating the country’s labour laws. The 83-year-old, credited with pioneering the system of micro-finance loans to help impoverished people, was granted bail pending appeal.
Banker to the Poor: Micro-Lending and the Battle Against World Poverty is an autobiography of 2006 Nobel Peace Prize Winner and Grameen Bank founder Muhammad Yunus. The book describes Yunus' early life, moving into his college years, and into his years as a professor at Chittagong University.
Dec 2, 2010 · Muhammad Yunus is often referred to as "the world's banker to the poor". His life's work has been to prove that the poor are credit-worthy and he received the Nobel Prize for Peace in...
Jun 24, 2024 · O ver more than four decades, Bangladesh’s Grameen Bank has disbursed some $37 billion in collateral-free loans to over 10 million of the world’s poorest people. But founder Muhammad Yunus ...
Being the global centre of excellence for social business incubation, Yunus Centre aims to involve brilliant young minds from all over the world to study on social business ideas. The internship program allows interns to gain valuable insights on Professor Yunus’ philosophy. Read More.
Jan 1, 2024 · A court in Bangladesh has sentenced the Nobel laureate Muhammad Yunus to six months in jail for violating the country's labour laws. Prof Yunus' supporters say the case is politically motivated.
Muhammad Yunus. The Nobel Peace Prize 2006. Born: 28 June 1940, Chittagong, British India (now Bangladesh) Residence at the time of the award: Bangladesh. Role: Founder of Grameen Bank. Prize motivation: “for their efforts to create economic and social development from below” Prize share: 1/2. Banker to the Poorest of the Poor.
Jun 25, 2024 · Muhammad Yunus (born June 28, 1940, Chittagong, East Bengal [now Bangladesh]) is a Bangladeshi economist and founder of the Grameen Bank, an institution that provides microcredit (small loans to poor people possessing no collateral) to help its clients establish creditworthiness and financial self-sufficiency.
