Professor Dr. Muhammad yunus

 Professor Dr. Muhammad Yunus is a globally renowned Bangladeshi economist, banker, social entrepreneur, and Nobel Peace Prize laureate. He is best known for founding the Grameen Bank and pioneering the concept of microcredit and microfinance, which provide small loans to the poor without requiring collateral.


Born on 28 June 1940 in Chittagong, British India (now Bangladesh), Dr. Yunus completed his early education in Chittagong. He later studied at Dhaka University and then earned a Fulbright Scholarship to study in the United States. He received a Ph.D. in Economics from Vanderbilt University.


After returning to Bangladesh, he began teaching at Chittagong University, where he was deeply moved by the widespread poverty in rural areas. In 1976, he initiated a project to provide small loans to poor villagers—especially women—to help them start small businesses. This initiative evolved into the establishment of the Grameen Bank in 1983.


Dr. Yunus’s groundbreaking work earned him the Nobel Peace Prize in 2006, which he shared with Grameen Bank. He has received numerous other international awards and honorary degrees for his efforts in combating poverty through economic empowerment.


Besides banking, he has also launched several social businesses aimed at solving issues in health, education, and environment.

Comments

Popular posts from this blog

Current Relationship Between Donald Trump and Elon Musk (June 2025)

Iran in the world court