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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.
“Banker to the Poor” 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.
Jan 1, 2024 · A court in Bangladesh has sentenced the Nobel laureate Muhammad Yunus to six months in jail for violating the country's labour laws. Prof Yunus' supporters say the case is politically motivated.
4 days ago · Muhammad Yunus, Bangladeshi economist who founded the Grameen Bank, which provides microcredit; both Yunus and Grameen won the 2006 Nobel Peace Prize.
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...
Jun 24, 2024 · But founder Muhammad Yunus still remembers the first $5 he ever lent. It was 1974 and Yunus had recently returned from a teaching position at Middle Tennessee State University to his native...
Dec 2, 2010 · 2 March 2011. Professor Yunus has earned international recognition for fighting poverty. Muhammad Yunus is often referred to as "the world's banker to the poor". His life's work has...
