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Muhammad Yunus [a] (born 28 June 1940) is a Bangladeshi economist, ... Yunus founded a citizen's committee and ran the Bangladesh Information Center, ...
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 ...
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]
Who is Muhammad Yunus? Yunus founded Grameen Bank in October 1983, and the bank has since lent over $37.5 billion to Bangladesh's poor at a recovery rate of 97%.
Dr. Muhammad Yunus (born 1940) is the Chief Advisor of Bangladesh, and also is a Bangladeshi economist and founder of the Grameen Bank, and a Nobel Peace Prize laureate. Mohammad Younus (or variants such as Mohammad, Mohammed, Muhammad and Yunus, Younis) may refer to: Mohammad Yunus (diplomat) (1916–2001), Indian ambassador
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 ...
The system is based on the idea that the poor have skills that are underutilized. The bank also accepts deposits, provides other services, and runs several development-oriented businesses including fabric, telephone and energy companies. The organization and its founder, Muhammad Yunus, were jointly awarded the Nobel Peace Prize in 2006. [4]
Known as the "banker to the poor", Yunus and the Grameen Bank he founded won the 2006 Nobel Peace Prize for helping lift millions from poverty by providing tiny loans of sums less than $100 to the ...