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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 ]
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, 84, is heading an interim government following the toppling of the South Asian country’s prime minister and dissolution of parliament, according to the Bangladesh president’s ...
Yunus believed that making such loans available to a larger population could stimulate businesses and reduce the widespread rural poverty in Bangladesh. Nobel Laureate Muhammad Yunus, the bank's founder. Yunus developed the principles of the Grameen Bank from his research and experience. Grameen Bank is Bengali for "Rural" or "Village" Bank. [12]
Yunus grew to global renown in the 1970s for pioneering poverty-reducing microcredit. What began with a single $5 loan to a woman weaving bamboo stools in his home city of Chittagong has since ...
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