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Presentation about dr_muhammad_yunus
1. Ahsanullah University of Science and Technology
BBA Program.
3rd Year 2nd Semester.
Course No: BBA-325
Course Name: Entrepreneurship Development & Small Business Management
3. INTRODUCTION
Worldwide known for work in microcredit and
microfinance
A great economist
An excellent civil society leader
A successful entrepreneur
A great Banker
An Inspiring Teacher
4. EARLY LIFE
Born on 28th June,1940 in Chittagong
Parents - Hazi Dula Mia Shoudagar , Sufia Khatun
Spouse – Afrozi Yunus
Daughter- deena afrozi yunus
5. EDUCATION
Studied at Lamabazar Primary School in 1944
Passed matriculation exam from Chittagong Collegiate School
Later studied at Chittagong College
Enrolled in the department of Economics at Dhaka University in
1957
Completed BA in 1960 and MA in 1961
Obtained PhD in economics from Vanderbilt University
6. EARLY CAREER
Appointed as lecturer of economics in Chittagong college in 1961
Joined Bureau of Economics as a research assistant
was an assistant professor of economics at Middle Tennessee State University in
Murfreesboro from 1969-1972
Returned to Bangladesh and joined Chittagong University as head of the
economics department
Involved in poverty reduction and established rural economical program after
observing the famine of 1974
Developed a Nabajug (new era) Tenhaga Khamar (3 share farm) in 1975
Secured a loan for the government Janata Bank
Pilot project began for poor Bangladeshis and named as Grameen Bank on 1st
October,1983
Grammen issued USD $6.38 billion to 7.4 million borrowers by July 2007
Started to diversify by attending underutilized fishing ponds and irrigation pumps in
late 80’s
In 1989 fisheries projects like Grameen motsho and Grameen Krishi begain
7. GRAMEEN BANK AT
A GLANCE
Founded in 1983
Has 2568 branches (2018)
Works in 81379 villages
Net income US $9.7 million
Total asset 1245.4 billion (2010)
Operating income US $110 million (2010)
Revenue US $160 million (2010)
Total staff 20138 (2018)
9. GOALS
Extends banking facilities to poor men and women
Eliminates the exploitation of the poor by money lenders
Creates opportunities for self-employment for the people in rural
Bangladesh
Bring the disadvantaged, mostly the women from the poorest
household within the fold of an organizational format which they can
understand and manage by themselves.
Reverse the age old vicious circle of “low income, injection of credit,
investment, more income more savings”.
10. LEGACY AND HONORS
Got Ramon Magsaysay Award in 1984
Received Independence Day Award in in 1987
Accepted Aga Khan Award for architecture in 1989
Received World Food Prize in 1994
Received Gandhi Peace Prize in 2000
Received Volvo Environment Prize in 2003
Awarded NOBEL PEACE PRIZE for finance work in 2006
12. PRESIDENTI
AL MEDAL
OF FREEDOM
Awarded the highest
civilian honor the
“Presidential Medal of
Freedom” by American
president Barack
Obama for contribution
in the world peace
13. Ranked as one of the top business leaders by Time Magazine in
2006
Awarded Golden Biatec Award in 2009
Given the Presidential Medal of Freedom by Barak Obama in
2009
Received The Social Entrepreneur of the Year Award in 2010
Received Congressional Gold Medal in 2010
14. BUSINESS GROWTH
The Bank has been distributing dividends among its shareholders
since 2006.
Before that it could not pay dividends because of the central bank
instructed to keep the profit in its disaster fund.
Paid 62 lakh shareholders 30% annual dividends in 2008.
The government received total of tk 25 crore against 20 crore of
investment from grameenbank in 20016
Grameen Bank Officials said the new pay-scale encouraged the
employees to put in more effort in lending and recovering loans.
The Head office undertook month-based activities from first month of
the year in 2017.
16. FUTURE PLAN
Wants to Improve the structure of giving loans to the people of rural
areas
Wants to Educate children and ensure their earning capability
Wants to give larger loans to the borrowers specially women
To make Bangladesh a zero poverty and zero unemployment country
Wants to share his idea of social business around the world
Has a plan on taking courses on social business at university almost
all over the world
18. CONCLUSION
Because of Grameen Bank the people of rural areas are living a better
life, specially women
From the whole discussion we saw that how Yunus managed to come
to this position. He has faced many difficulties but he did not give up.
He has set an example for us to see that we all can do something to
bring a change in society.