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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. While a professor at Chittagong University, Yunus ...
Muhammad Yunus [a] (born 28 June 1940) is a Bangladeshi economist, businessman, and politician who has been serving as Chief Adviser of the Interim Government of Bangladesh since 8 August 2024. [1] Yunus was awarded the Nobel Peace Prize in 2006 for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance. [2]
Social business was defined by Nobel Peace Prize laureate Professor Muhammad Yunus and is described in his books. [1] [2] In these books, Yunus defined a social business as a business: Created and designed to address a social problem; A non-loss, non-dividend company, i.e. It is financially self-sustainable and
Grameen Bank founder Muhammad Yunus will lead an interim government in Bangladesh after protests ousted Prime Minister Sheikh Hasina. A Nobel laureate and microfinance pioneer steps in to lead ...
Muhammad Yunus, who received the 2006 Nobel Peace Prize for pioneering the use of microcredit to alleviate poverty, was convicted in January of violating Bangladesh’s labor laws and sentenced to ...
Muhammad Yunus leaves a court in Dhaka, Bangladesh on January 1, 2024. - Munir Uz Zaman/AFP/Getty Images. In the following years, Yunus was embroiled in multiple legal cases that his supporters ...
The Grameen Bank, which is generally considered the first modern microcredit institution, was founded in 1983 by Muhammad Yunus. [2] Yunus began the project in a small town called Jobra, using his own money to deliver small loans at low-interest rates to the rural poor. Grameen Bank was followed by organizations such as BRAC in 1972 and ASA in ...
DHAKA (Reuters) -A court in Bangladesh on Monday sentenced Nobel laureate Muhammad Yunus to six months in prison for labour law violations, prosecutors said, for what he said was a crime he did ...