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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]
2006 — Freedom from Want Award, one of the Four Freedoms Awards by Roosevelt Study Centre [16] 2006 — ITU World Information Society Award by International Telecommunication Union [17] 2006 — Seoul Peace Prize [18] 2006 — Nobel Peace Prize, shared with Grameen Bank; 2007 — The Nichols-Chancellor's Medal awarded by Vanderbilt University ...
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 and the Grameen Bank were awarded the Nobel Peace Prize in 2006, after lending a total of about $6 billion in housing, student and micro-enterprise loans, and specifically in support of ...
An economist and banker by profession, Yunus was awarded the Nobel Peace Prize in 2006 for pioneering the use of microcredit to help impoverished people, particularly women. The Nobel Peace Prize committee credited Yunus and his Grameen Bank “for their efforts to create economic and social development from below.”
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 ...
An economist and banker by profession, Yunus was awarded the Nobel Peace Prize in 2006 for pioneering the use of microcredit to help impoverished people, particularly women.
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]