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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.
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.
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.
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.
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...
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.
Aug 24, 2023 · T o foreign donors, development wonks and some of the world’s poorest people, Muhammad Yunu s is a hero. The Bangladeshi economist, social entrepreneur and founder of Grameen Bank pioneered the...
Recipient of the 2006 Nobel Peace Prize, Professor Muhammad Yunus is internationally recognized for his work in poverty alleviation and the empowerment of poor women.
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.
Feb 27, 2008 · Muhammad Yunus won the Nobel Peace Prize in 2006 along with his Grameen Bank for pioneering the concept of micro-finance in his native Bangladesh--a financial model that has now spread across much of the Third World and intrigued large segments of the business communities of the developed world as well.
