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Muhammad Yunus
Works at Yunus Centre
Attended Vanderbilt University
Lives in Dhaka
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Creating a world without poverty.
Employment
  • Yunus Centre
    Chairman, present
  • Grameen Bank
    Managing Director, 1983 - 2011
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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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Join us on this exciting journey of empowering people through Social Business!
Yunus Centre is pleased to announce the next Social Business Design Lab to be held on 15 February (Monday), 2016 at Grameen Bank Auditorium. Nobel Laureate Professor Muhammad Yunus will chair this event.
Social Business Design Lab is a monthly signature event of Yunus Centre where entrepreneurs come up with their ideas and present in front of audience from diverse backgrounds to start social businesses themselves. Ideas are presented and then followed by discussion, evaluation and brainstorming session.
To participate at our upcoming Social Business Design Lab, please register at: http://goo.gl/AYmsjr
 
সোশ্যাল বিজনেস ডিজাইন ল্যাব প্রফেসর মুহাম্মদ ইউনূসের সভাপতিত্বে আগামী ১৫ ফেব্রুয়ারী ২০১৬ ইং (সোমবার) তারিখে অনুষ্ঠিত হবে। উক্ত অনুষ্ঠানে অংশগ্রহন করতে রেজিস্ট্রেশন করুন এই লিংক এ: http://goo.gl/AYmsjr
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هلا

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Professor Muhammad Yunus virtually joined daylong workshop on Social Business and Micro-credit in India on 2 January 2016. SBRR Mahajana First Grade College in association with Social Business Academia Network, India Chapter. Experts from India and Uganda also shared their experiences in micro-credit and discussed the opportunities of social business in different developing countries.
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Nice pics 
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U r bast n garet royel bangol taiger 
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Join us on this exciting journey of empowering people through Social Business!

Yunus Centre is pleased to announce the next Social Business Design Lab to be held on 20 October (Tuesday), 2015 at Grameen Bank Auditorium. Nobel Laureate Professor Muhammad Yunus will chair this event.

Social Business Design Lab is a monthly signature event of Yunus Centre where entrepreneurs come up with their ideas and present in front of audience from diverse backgrounds to start social businesses themselves. Ideas are presented and then followed by discussion, evaluation and brainstorming session.

To participate at our upcoming Social Business Design Lab, please register at: http://goo.gl/AYmsjr
 
সোশ্যাল বিজনেস ডিজাইন ল্যাব প্রফেসর মুহাম্মদ ইউনূসের সভাপতিত্বে আগামী ২০ অক্টোবর ২০১৫ ইং (মঙ্গলবার) তারিখে অনুষ্ঠিত হবে। উক্ত অনুষ্ঠানে অংশগ্রহন করতে রেজিস্ট্রেশন করুন এই লিংক এ: http://goo.gl/AYmsjr
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We are a financial Investors, we are looking to invest our money in a partnership business in your country and we are ready to partner with you in your company, we are ready to input more funds into your company's products/production capacity provided we are not going to lose our capital investment . Reply for terms
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My Choice
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Join our next Social Business Design Lab, a signature event of Yunus Centre for creating social business. Our next Social Business Design Lab will take place on October 20 from 9.30 am to 1.30 pm at Grameen Bank Auditorium, Mirpur-2, Dhaka.

As always Nobel Laureate Professor Muhammad Yunus will chair this event.

The Lab is an exciting opportunity to learn and share your ideas on social business! To participate at our upcoming Social Business Design Lab, please register at: http://goo.gl/AYmsjr

For any query, email at: design.lab@yunuscentre.org
 
পরবর্তী সোশ্যাল বিজনেস ডিজাইন ল্যাব প্রফেসর মুহাম্মদ ইউনূসের সভাপতিত্বে আগামী ২০ অক্টোবর ২০১৫ ইং (মঙ্গলবার) তারিখে অনুষ্ঠিত হবে। উক্ত অনুষ্ঠানে অংশগ্রহন করতে রেজিস্ট্রেশন করুন এই লিংক এ: http://goo.gl/AYmsjr
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+نوسة عبدالملك وعليكم السلام
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Muhammad Yunus

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I am deeply shocked and sad to learn about the untimely death of Dr Mahabub Hossain who passed away earlier today. Dr Mahabub Hossain was a brilliant scholar. His contributions in the field of economics and agricultural research were ground breaking and far reaching. He was the first scholar to study Grameen Bank and produce a highly demanded research paper on the impact of Grameen Bank. His insights in that paper were tremendously valuable to Grameen Bank as it expanded and grew. Above all, his deep commitment to social justice, his empathy for marginalized people, and his humility made him stand out as an extraordinary human being. His death is an irreplaceable loss for the country, and the global community of agricultural researchers.

I pray to Allah to rest his soul in eternal peace. I wish to convey my deep sympathies and condolences to his family members, and pray that they find the strength at this most difficult time.

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আজ সকালে ড. মাহবুব হোসেনের অকাল মৃত্যুর সংবাদে আমি অত্যন্ত দুঃখিত ও মর্মাহত হয়েছি। তিনি একজন অসাধারণ পন্ডিত ব্যক্তি ছিলেন। অর্থনীতি ও কৃষি গবেষণায় তাঁর অবদান ছিল মৌলিক ও সুদূরপ্রসারী। গ্রামীণ ব্যাংক নিয়ে যাঁরা গবেষণা করেছিলেন এবং এই প্রতিষ্ঠানটির শুরুর দিনগুলোয় এর অবদান নিয়ে গবেষণা নিবন্ধ প্রকাশ করেছিলেন তাঁদের মধ্যে তিনি ছিলেন অন্যতম। তাঁর প্রখর অর্ন্তদৃষ্টিসম্পন্ন মূল্যবান গবেষণাপত্রটি গ্রামীণ ব্যাংকের ভবিষ্যত প্রসারণে অত্যন্ত গুরুত্বপূর্ণ ভূমিকা রেখেছিল। সর্বোপরি, সামাজিক ন্যয়-বিচার প্রতিষ্ঠায় তাঁর গভীর প্রত্যয়, সমাজের প্রান্তিক অবস্থানের মানুষদের প্রতি তাঁর মমত্ববোধ এবং তাঁর অকৃত্রিম বিনয় ব্যক্তি হিসেবে তাঁকে অসাধারণ উচ্চতায় প্রতিষ্ঠিত করেছিল। তাঁর মৃত্যু শুধু দেশের জন্য নয়, বিশ্বের জন্য এবং কৃষি গবেষণাবিদদের জন্যও নিঃসন্দেহে একটি অপূরণীয় ক্ষতি।

আমি তাঁর বিদেহী আত্মার চির শান্তির জন্য আল্লাহ্-র নিকট প্রার্থনা করছি। তাঁর শোক-সন্তপ্ত পরিবারের প্রতি আমি গভীর সমবেদনা জানাচ্ছি এবং প্রার্থনা করছি তাঁরা যেন এই কঠিন যন্ত্রণাক্লিষ্ট মূহুর্তগুলোয় শক্তি অর্জন করতে পারেন।
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We condole the death of Dr. Mahbub Hossain
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Sigve Brekke CEO Telenor and Chairman GrameenPhone called on Nobel Laureate Professor Muhammad Yunus at Yunus Centre this evening . GrameenPhone is a partnership between Telenor Norway and Grameen Telecom of Bangladesh.
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Great pe
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H. E. Dr. Gennet Zewide, Ambassador of Ethiopia to India, Bangladesh and three other countries in the region made a courtesy call on Nobel Laureate Professor Muhammad Yunus today at Yunus Centre to discuss possibility of social business in Ethiopia.
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حلو
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U jiada nice
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Illustrated Children's Book on Muhammad Yunus' Life and Work, “Twenty-two Cents: Muhammad Yunus and the Village Bank”
By Paula Yoo
Illustrated by Jamel Akib
Published April 1st 2014 by Lee & Low Books

Twenty-two Cents is the inspiring story of economic innovation and a celebration of how one person—like one small loan—can make a positive difference in the lives of many.
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look good that photo
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A new publication called Salt, published from United Kingdom (UK) motivated by the hope that businesses will play a key role in shaping a better world, has released its first Top 100 Compassionate Leaders List. Muhammad Yunus, founder of Grameen Bank, Nobel Peace Prize recipient and pioneer of microcredit rated #3 in Salt Magazine’s list of the top 100 Compassionate Business Innovators. In its citation, Salt Magazine said “Yunus regards credit as a vital human right, and has given millions of people access to the banking system”.
Muhammad Yunus ranked #3 in Salt Magazine’s list of the top 100 Compassionate Business Leaders
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Many poor marit student are now stabilished for your help loane. Congratulation's sir.....From Narail, Bangladesh.
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