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Muhammad Yunus
Works at Yunus Centre
Attended Vanderbilt University
Lives in Dhaka
2,666,187 followers|35,219,348 views
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Work
Occupation
Creating a world without poverty.
Employment
  • Yunus Centre
    Chairman, present
  • Grameen Bank
    Managing Director, 1983 - 2011
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Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Currently
Dhaka
Previously
Chittagong - Nashville
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Introduction

I am Professor Muhammad Yunus. I was born on June 28, 1940. I am the founder Grameen Bank, a bank which pioneered microcredit – a method of banking where small loans are given to the poor, mostly to women, without collateral, for income generating activities, with high repayment rate, to help them get out of poverty. I am also the Chairman of Yunus Centre, which serves as a global hub for social business and it is also my international public affairs office.

I was born in the village of Bathua, in the district of Chittagong. I am the third oldest of nine children. My father was Haji Muhammad Dula Mia Shawdagar. He was a jeweler. My mother was Sufia Khatun. In 1944, my family moved to the city of Chittagong and there I studied at Lamabazar Primary School. Later, I completed my matriculation examination from Chittagong Collegiate School.

I enrolled into the Department of Economics at University of Dhaka in 1957, and I got my BA in Economics in 1960 and my MA in 1961.

Upon completing my studies at Dhaka University, I joined the Bureau of Economics at Dhaka University. I was appointed as a lecturer in Economics at Chittagong College in 1961. In 1965, I was offered a Fulbright Scholarship to study Economics at Vanderbilt University in the United States and I obtained my Ph.D in Economics in 1969. I taught Economics at Middle Tennessee State University in Murfreesboro, TN from 1969 to 1972.

In 1971, Bangladesh won its independence after a brutal Liberation War. I was in the United States at that time. There, I founded a Citizen's Committee in Nashville, TN, and published a newsletter named, Bangladesh Newsletter. I also ran the Bangladesh Information Center in Washington D.C., with other Bangladeshis living in the United States, to raise support for liberation of Bangladesh and to lobby the U.S. Congress to stop military aid to Pakistan.

In 1972, I returned to Bangladesh. After a brief time at the Planning Commission, I joined the Department of Economics at Chittagong University as its Chairman. Bangladesh at that time was an extremely poor country. The turning point in my life came in 1974, while Bangladesh was under a severe famine. I found that I was unable to continue to teach elegant economic theories to my students while my people starved outside the windows of my classrooms.

I left the classroom and went to the neighboring village called Jobra. What I found in that village shocked and horrified me. I learned that the villagers had become economic slaves to ruthless money lenders. I made a list of the people in the village who had taken loans and the amount of loans. At the end of the day, my list contained 42 names and $27 of loans. I decided to lend the $27 to the people from my own pocket so that they could free themselves from the grasp of the money lenders. This created a lot of commotion in the village. The villagers were very happy to be free of the money lenders. I felt good that I had done something to change the lives of these people. I thought, "If with so little, I can make these people so happy, why should I not keep doing it?" And that is what I did. I approached the traditional banks and urged them to lend to the villagers, but they told me that the poor are not credit-worthy; they do not have any collateral. I said, no, the poor are just as credit-worthy and offered myself as a guarantor for the villagers. Only then did the bank agree to lend to the villagers.

I started the Grameen Bank Project in 1976 and after much struggle and effort in October 2nd, of 1983, the project was transformed into a full-fledged bank, called Grameen Bank (Village Bank) and this bank lends only to poor, rural citizens of Bangladesh.

As of May 2011, Grameen Bank (GB) has 8.4 million borrowers, 97 percent of whom are women. With 2,556 branches, GB provides services in 84,237 villages, covering all of the villages in Bangladesh. It has lent over USD 10 billion to the poor people with nearly 100 percent repayment rate, since its inception.

In October 2006, I was awarded the 2006 Nobel Peace Prize, along with Grameen Bank for the efforts to create economic and social development. 

I am married to Dr. Afrozi Yunus, and have two daughters, Monica and Deena.

Education
  • Vanderbilt University
    Economics, PhD., 1965 - 1969
  • Dhaka University
    Economics, MA, 1960 - 1961
  • Dhaka University
    Economics, BA, 1957 - 1960
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Muhammad Yunus

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Bangladesh's famous 'Telephone Lady' Found Place at Scottish National Museum.
Bangladesh’s Telephone Lady Programme Found Place at National Museum of Scotland
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I am shocked by the barbarity of the terrorist attack on innocent people in Dhaka on July 1 evening. I express my heartfelt condolences to those, far and near, who have lost their loved ones. and wish their souls to rest in peace.

I cannot think of such attacks taking place in Bangladesh. I always believed Bangladesh to be a tolerant liberal country. We must do soul searching on how this breeding of violence began in our country. We want to create a society peacefully shared by everyone,with everyone having their space, having the right for all to express their views freely, without fear or social or official constraints. We want to be part of an emergent new world of equality and dignity.

We also want to promote the same values internationally. I appeal to all nations to work to bring lasting peace in Middle East. Violence, military or terrorist, can no longer be can contained in one country or region. We are seeing this everyday,and must wake up to the fact that violence in one place breeds violence even in remotest places of the world. I plead to the powerful nations please overcome differences among yourselves to bring peace in the Middle East so we have better chances of peace in our cities and communities around the world. I urge the civil society leaders to bring pressure on relevant parties and super-powers to stop violence and to go to the negotiating tables to bring immediate peace in the Middle East.
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Paper Submission Deadline for SBAC2016 extended from 30th June 2016 to 15th July 2016. Registration for the SBAC 2016 Paris is also open now. For more: http://goo.gl/Cf4Iah
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Your last chance to register as early bird! Only a few hours left to avail our early bird registration discount offer. The early bird offer closes at 3:30 PM Bangladesh time (9:30 AM GMT, 5:30 AM EST).
Yunus Centre invites you to its annual signature event the 7th Social Business Day 2016, hosted by Nobel Laureate Professor Muhammad Yunus. With the participation of global social leaders, entrepreneurs and academics, this event is an amazing platform to network and learn from influential social business leaders.
Register now to take advantage of the early bird offer!
Join us for Social Business Day 2016!
Date: 28th-29th July
Venue: Social Business Convention Centre, Savar, Dhaka
Register Here: http://goo.gl/oIPzn5
‪#‎SBD2016‬
Social Business Pedia is an online platform from where everyone can get social business related all information, social business company/institution, social business news etc. Social Business Pedia is also a media to connect Fund organization and fund seeker. It is also providing a Social Business Certificate if company follow seven rules.
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Hurry up! Only 2 days left to avail our early bird registration discount offer.

Yunus Center invites you to its annual signature event the 7th Social Business Day 2016, hosted by Nobel Laureate Professor Muhammad Yunus. With the participation of global social leaders, entrepreneurs and academics, this event is an amazing platform to network and learn from influential social business leaders.

Register for Social Business Day 2016!
Date: 28th-29th July
Venue: Social Business Convention Centre, Savar, Dhaka
Register Here http://goo.gl/jguaz6
‪#‎SBD2016‬
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Ghé thăm nhà mình nhé+Muhammad Yunus
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7th Social Business Day 2016 will held on 28-29 July 2016 at Zirabo, Dhaka, Bangladesh. For more Information please visit:
http://goo.gl/3nG9rU and for Registration: http://goo.gl/nkXgVo
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Muhammad Yunus

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Nobel Laureate Professor Muhammad Yunus interacts with the top candidates for the 'One Young World' delegation from Bangladesh during the final assessment camp at Yunus Centre. He discussed with the young leaders about what the youth of today can contribute to society.

Every year 10 bright young Bangladeshi students and professionals are selected by Yunus Centre to accompany Professor Muhammad Yunus to the One Young World which a global forum for young leaders aged 18-30. The forum empowers participants to make lasting connections and develop solutions to some of the world's most pressing issues. As before, Professor Muhammad Yunus will be a key note speaker of this year’s forum which will be held in Ottawa, Canada on 27-28 September 2016.
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Fax😬😈😡👡👔
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3 Days left for Paper Submissions !

Social Business Academia Conference (SBAC) 2016 will be organized jointly by Yunus Centre and Grameen Creative Lab (GCL) on November 9-10, 2016. The event will be hosted by HEC Paris, France.
For registration and other details please go to this link: http://goo.gl/iIWCSl
For paper submission, please visit: http://goo.gl/CgFaCm
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Hurry up! Only 1 days left to avail our early bird registration discount offer.

Yunus Center invites you to its annual signature event the 7th Social Business Day 2016, hosted by Nobel Laureate Professor Muhammad Yunus. With the participation of global social leaders, entrepreneurs and academics, this event is an amazing platform to network and learn from influential social business leaders.

Register for Social Business Day 2016!

Date: 28th-29th July
Venue: Social Business Convention Centre, Savar, Dhaka
Register Here http://goo.gl/jguaz6
‪#‎SBD2016‬
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Steps of success. ...
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SAN DIEGO, USA 12th June 2016: Nobel Peace Laureate Professor Muhammad Yunus has urged American graduates at University of California at San Diego to use their innate creative power to do more than just getting a job. He said this while talking to them as the the keynote speaker at the all-university commencement (convocation) ceremony at UC San Diego on Saturday, 11 June 2016. He told more than 10,000 graduates, present at the commencement, that running after job can be referred as “the tyranny of employment” which kills creativity and is based on an artificial economic system.
SAN DIEGO, USA 12th June 2016: Nobel Peace Laureate Professor Muhammad Yunus has urged American graduates at University of California at San Diego to use their innate creative power to do more than just getting a job. He said this while talking to them as the the keynote speaker at the all-university commencement (convocation) ceremony at UC San Diego on Saturday, 11 June 2016. He told more than 10,000 graduates, present at the commencement, that...
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Good Jop 
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The Social Business Academia Conference (SBAC) will be hosted by HEC Paris, France, on November 9-10, 2016. Papers offering research contributions to the social business are solicited for the submission to the SBAC 2016 by June 30, 2016. For more information, please visit: http://socialbusinesspedia.com/sbac/2016
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hello yunus
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