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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.
Jul 12, 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.
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...
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.
1 day ago · Nobel Peace Prize-winning economist Muhammad Yunus pioneered micro loans as a tool to fight poverty. Now prosecutors in Bangladesh have linked him and his colleagues to a dizzying number of crimes ...
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 delivered his Nobel Lecture on 10 December 2006 at the Oslo City Hall, Norway. He was introduced by Professor Ole Danbolt Mjøs, Chairman of the Norwegian Nobel Committee. Professor Yunus begins his Nobel Lecture with a few words in Bangla.
6 days ago · Nobel Peace Prize winner Muhammad Yunus, celebrated for his pioneering work in microfinance, is facing a new trial in a criminal case next week in Bangladesh on charges of embezzling more than $2 ...
Sep 1, 2023 · More than 170 global figures have called on Bangladesh's prime minister Sheikh Hasina to stop the "persecution" of Nobel laureate Muhammad Yunus.
