Sep 20 2008
Professor Muhammad Yunus
Founder of the Grameen Bank and Winner of the 2006 Nobel Peace Prize
In 1976, Muhammad Yunus founded the Grameen Bank to make loans to poor Bangladeshis. Since then the Grameen Bank has issued more than US$ 5.1 billion to 5.3 million borrowers. The success of the Grameen model has inspired similar efforts throughout the developing world and even in industrialized nations including the USA. His methods have also been applied to Burma and in Kosovo with great success and he is now embarking upon an effort to eliminate global poverty.
Professor Muhammad Yunus has been ranked among the top 50 most influential business thinkers. In 2009 Thinkers 50, the global ranking of management gurus, placed him among the list of most influential thinkers
“By giving poor people the power to help themselves, Dr. Yunus has offered them something far more valuable than a plate of food – security in its most fundamental form.” Former US President Jimmy Carter
Besides Grameen Bank he has created a number of companies in Bangladesh to address diverse issues of poverty and development. Among the companies are Grameen Phone (a mobile telephone company), Grameen Cybernet (Internet Service Provider), Grameen Communications (Rural Internet Service Provider), Grameen Software company, Grameen Information Technology Park, Grameen Fund (Social Venture Capital Company), Grameen Capital Management company and many more.[/expand]
Muhammad Yunus is a highly charismatic figure with a wealth of innovative ideas and the power to help thousands of people to decide their own destiny. He carefully explains to audiences his ideas and lays the foundations for the successful implementation of his model which is eradicating poverty around the globe.[/expand]
Watch a video presentation of Muhammad Yunus
Topics
The Grameen Model
Economic Self-advancement
The Eradication of Poverty
Economic Development
Social & Economic Policy Making
Publications
2008
Creating a World Without Poverty: Social Business and the Future of Capitalism
1998
Banker to the Poor: Micro-Lending and the Battle against World Poverty
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