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Muhammad Yunus

Last mentioned in Los Angeles : CA : USA
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Muhammad Yunus's Biography

Muhammad Yunus (Chittagonian, Bengali: মুহাম্মদ ইউনুস, pronounced Muhammôd Iunus; born 28 June 1940) is a Bangladeshi banker, economist and Nobel Peace Prize recipient. He previously was a professor of economics where he developed the concepts of microcredit and microfinance. These loans are given to entrepreneurs too poor to qualify for traditional bank loans. In 2006 Yunus and Grameen received the Nobel Peace Prize "for their efforts through microcredit to create economic and social development from below". Yunus himself has received several other national and international honors.

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Nobel Peace Prize laureate Muhammad Yunus attends the opening of a food production plant in Barreal de Heredia
Nobel Peace Prize laureate Muhammad Yunus attends the opening of a food production plant in Barreal de Heredia
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Reports Related to Muhammad Yunus

  • ISB Student Team to Present Nano Health Idea in US

    Hyderabad : India | 1 month ago

    A group of students from the Indian School of Business (ISB) here have designed a social enterprise, NanoHealth, which uses innovative technology to create local health networks for urban slum- ...

Muhammad Yunus News Stories

  • Nobel laureate Muhammad Yunus urges social business development in Thailand

      News Source: The Nation | 3 days ago
    He was in Bangkok to rally partners and potential Thai investors to his global cause of social business. He spoke at a networking event organised by the Yunus Centre at the Asian Institute of Technology and the Thai Social Enterprise Office. The
  • What is slavery?

      News Source: Open Democracy | 15 days ago
    April 2014 The UK Modern Slavery Bill is based on an outdated definition of slavery. On 24 April 2013, 1129 workers were killed in the Rana Plaza building collapse in Bangladesh, including 32-year-old mother, Salma Begum. Another 2515 people were
  • Former Avon CEO to run Grameen America

      News Source: Arizona Daily Sun | 19 days ago
    The former head of Avon is now leading Grameen America, a group that provides small loans to poor women entrepreneurs in the U.S. Andrea Jung was CEO of the beauty products company from 1999 through April 2012 and served as chairman through the end

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