Citizenship stage 2 poverty slides.ppt
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Muhammad Yunus founded the Grameen Bank in 1983 to provide microcredit loans to impoverished people without requiring collateral. The bank is based on the concept that the poor have skills that are underutilized and can earn more money with incentives. By 2011, the bank had over 8 million borrowers, 97% of whom were women. It has over 2,400 branches serving over 80,000 villages. Yunus and the Grameen Bank were awarded the 2006 Nobel Peace Prize for their efforts to create economic and social development from below through microcredit lending.
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Group titus poverty
Muhammad Yunus founded the Grameen Bank and pioneered microcredit and microfinance, providing small loans to poor entrepreneurs who lacked collateral. He was inspired to start this venture after witnessing widespread poverty in Bangladesh and wanting to provide people with the means to support themselves. His early small loans to villagers were successful, leading him to expand microcredit across Bangladesh with support from the national bank. Yunus viewed poverty as depriving people of dignity and saw microcredit as both a human right and effective poverty alleviation strategy. For his pioneering work, Yunus won the 2006 Nobel Peace Prize jointly with Grameen Bank.
Money smart naf
This document summarizes a presentation given at Bishop Ward High School about their Academy of Finance program. It provides background on the school and explains that it was the first Academy of Finance school in Kansas and first Catholic school in the nation to have such a program. It describes the Money Smart financial education program created by the FDIC to help people enhance their money skills. It notes that the school demographics in the local community made it a good fit for this program, with many residents having low incomes and educational attainment. The presentation outlined the Academy's schedule of financial education modules and solicited feedback from participants.
Citizenship stage 2 (poverty)
Professor Muhammad Yunus founded Grameen Bank in 1983 to provide microloans to poverty-stricken individuals in Bangladesh, allowing them to become self-employed entrepreneurs. Since its founding, Grameen Bank has issued over $6 billion in loans to over 7 million borrowers, lifting many out of poverty. For his work in microfinance and social business, Yunus was awarded the 2006 Nobel Peace Prize, becoming the first Bangladeshi Nobel laureate. Grameen Bank pioneered the group lending model that is now replicated worldwide to empower those living in poverty.
Mohammad yunus
Muhammad Yunus was born in 1940 in Bangladesh and grew up in a village before moving to the city of Chittagong. In 1974 as an economics professor, he led students on a field trip where they learned a woman making bamboo stools had to borrow small amounts at extremely high interest rates. This inspired Yunus to develop microcredit and microfinance concepts providing small, affordable loans to poor entrepreneurs without collateral. Yunus and the Grameen Bank he founded received the 2006 Nobel Peace Prize for their microcredit efforts to alleviate poverty from the bottom up.
Citizenship 2 grp 1
Muhammad Yunus is a Bangladeshi economist who founded the Grameen Bank to provide microloans to the poor without collateral. He was awarded the Nobel Peace Prize for this work. Nelson Mandela was South Africa's first black president who helped abolish apartheid. As president, he introduced policies to provide healthcare, education, housing and other services to the poor and disadvantaged. Both Yunus and Mandela worked tirelessly to fight poverty through providing access to financial resources, education, healthcare and other necessities.
Proverty a heart for the less fortunate(final)
Muhammad Yunus pioneered the concepts of microcredit and microfinance by providing small loans to poor entrepreneurs who lacked collateral. He founded Grameen Bank in 1983 and won the Nobel Peace Prize in 2006 for his efforts in alleviating poverty. Chris Mould founded the Trussell Trust in 1997 to provide emergency food aid in the UK. Under his leadership, Trussell Trust has grown rapidly and now operates over 1,000 food bank centers, helping to address food poverty exacerbated by austerity measures. Both social entrepreneurs have made significant impacts through innovative approaches that empower the poor and address social issues.
Mgt prestion
This document provides an overview of Muhammad Yunus and Grameen Bank. It begins with introductions of the group members giving the presentation. It then discusses what leadership is and provides background on Muhammad Yunus, including his early life, education, career founding Grameen Bank, and awards such as the Nobel Peace Prize. Grameen Bank is summarized as providing microloans to empower the rural poor in Bangladesh. The document concludes by stating that Muhammad Yunus and Grameen Bank won the 2006 Nobel Peace Prize for their work to create economic and social development through microcredit.
Bb venture
Muhammad Yunus aimed to help the poor emerge from poverty through microcredit and microfinance. In 1976, he provided small loans to 42 poor women in Bangladesh which they repaid with interest, pioneering these concepts. He went on to create the Grameen Bank which provides loans to those living in poverty, especially women. Though he faced controversies and allegations from the Bangladeshi government, Yunus overcame challenges through the legal system and public support. His work has helped many people and inspired similar programs globally.
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Group titus poverty
Muhammad Yunus founded the Grameen Bank and pioneered microcredit and microfinance, providing small loans to poor entrepreneurs who lacked collateral. He was inspired to start this venture after witnessing widespread poverty in Bangladesh and wanting to provide people with the means to support themselves. His early small loans to villagers were successful, leading him to expand microcredit across Bangladesh with support from the national bank. Yunus viewed poverty as depriving people of dignity and saw microcredit as both a human right and effective poverty alleviation strategy. For his pioneering work, Yunus won the 2006 Nobel Peace Prize jointly with Grameen Bank.
Money smart naf
This document summarizes a presentation given at Bishop Ward High School about their Academy of Finance program. It provides background on the school and explains that it was the first Academy of Finance school in Kansas and first Catholic school in the nation to have such a program. It describes the Money Smart financial education program created by the FDIC to help people enhance their money skills. It notes that the school demographics in the local community made it a good fit for this program, with many residents having low incomes and educational attainment. The presentation outlined the Academy's schedule of financial education modules and solicited feedback from participants.
Citizenship stage 2 (poverty)
Professor Muhammad Yunus founded Grameen Bank in 1983 to provide microloans to poverty-stricken individuals in Bangladesh, allowing them to become self-employed entrepreneurs. Since its founding, Grameen Bank has issued over $6 billion in loans to over 7 million borrowers, lifting many out of poverty. For his work in microfinance and social business, Yunus was awarded the 2006 Nobel Peace Prize, becoming the first Bangladeshi Nobel laureate. Grameen Bank pioneered the group lending model that is now replicated worldwide to empower those living in poverty.
Mohammad yunus
Muhammad Yunus was born in 1940 in Bangladesh and grew up in a village before moving to the city of Chittagong. In 1974 as an economics professor, he led students on a field trip where they learned a woman making bamboo stools had to borrow small amounts at extremely high interest rates. This inspired Yunus to develop microcredit and microfinance concepts providing small, affordable loans to poor entrepreneurs without collateral. Yunus and the Grameen Bank he founded received the 2006 Nobel Peace Prize for their microcredit efforts to alleviate poverty from the bottom up.
Citizenship 2 grp 1
Muhammad Yunus is a Bangladeshi economist who founded the Grameen Bank to provide microloans to the poor without collateral. He was awarded the Nobel Peace Prize for this work. Nelson Mandela was South Africa's first black president who helped abolish apartheid. As president, he introduced policies to provide healthcare, education, housing and other services to the poor and disadvantaged. Both Yunus and Mandela worked tirelessly to fight poverty through providing access to financial resources, education, healthcare and other necessities.
Proverty a heart for the less fortunate(final)
Muhammad Yunus pioneered the concepts of microcredit and microfinance by providing small loans to poor entrepreneurs who lacked collateral. He founded Grameen Bank in 1983 and won the Nobel Peace Prize in 2006 for his efforts in alleviating poverty. Chris Mould founded the Trussell Trust in 1997 to provide emergency food aid in the UK. Under his leadership, Trussell Trust has grown rapidly and now operates over 1,000 food bank centers, helping to address food poverty exacerbated by austerity measures. Both social entrepreneurs have made significant impacts through innovative approaches that empower the poor and address social issues.
Mgt prestion
This document provides an overview of Muhammad Yunus and Grameen Bank. It begins with introductions of the group members giving the presentation. It then discusses what leadership is and provides background on Muhammad Yunus, including his early life, education, career founding Grameen Bank, and awards such as the Nobel Peace Prize. Grameen Bank is summarized as providing microloans to empower the rural poor in Bangladesh. The document concludes by stating that Muhammad Yunus and Grameen Bank won the 2006 Nobel Peace Prize for their work to create economic and social development through microcredit.
Bb venture
Muhammad Yunus aimed to help the poor emerge from poverty through microcredit and microfinance. In 1976, he provided small loans to 42 poor women in Bangladesh which they repaid with interest, pioneering these concepts. He went on to create the Grameen Bank which provides loans to those living in poverty, especially women. Though he faced controversies and allegations from the Bangladeshi government, Yunus overcame challenges through the legal system and public support. His work has helped many people and inspired similar programs globally.
Bb citizenship badge stage 2
Muhammad Yunus is a Bangladeshi social entrepreneur who was awarded the Nobel Peace Prize for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance. He saw that the poor people in Bangladesh could not access loans while the rich could. In response, he created Grameen Bank in 1976 to provide small loans known as "microloans" to the poor, allowing over 80 million poor people to borrow small amounts of money to start businesses. The success of the Grameen model has inspired similar programs in over 100 countries.
Your ACTIONS May Change Poverty
Muhammad Yunus founded the Grameen Bank in 1983 to provide microloans to the poor in rural Bangladesh after observing how local loan sharks took advantage of villagers. The bank pioneered the concept of providing small loans without collateral to the very poor, especially women, with the goal of helping the poor become self-employed entrepreneurs. It has since grown to serve over 8 million borrowers in over 85,000 villages across Bangladesh, with a loan repayment rate of over 98%.
Muhammad Yunus
Muhammad Yunus pioneered microcredit and founded the Grameen Bank in Bangladesh in 1983 to provide small loans to the poor so they could start businesses. This allowed many to lift themselves out of poverty. He has also helped malnourished children through affordable yogurt and saved many from blindness through low-cost eye hospitals. When loans were given to women, they invested more back into their households and had lower default rates than men. Yunus has inspired thousands of others through social entrepreneurship to help the poor around the world.
Dr. Muhammad Yunus.
Dr. Muhammad Yunus is a Bangladeshi economist who pioneered microcredit and founded the Grameen Bank in 1983. He grew up in a village in Bangladesh and received degrees from universities in Bangladesh and the United States. While working as a professor, he began lending small amounts of money to poor villagers which had an outsized impact on their lives and businesses. This led to the founding of Grameen Bank which provides small loans known as microcredit to rural poor in Bangladesh, especially women, to help them engage in entrepreneurship and lift themselves out of poverty. For his work in microfinance, Yunus received the Nobel Peace Prize in 2006.
16 dr. muhammed yunus
Dr. Muhammad Yunus established the Grameen Bank in Bangladesh in 1983 to provide microloans to the poor with the goal of helping them lift themselves out of poverty. Since then, the Grameen Bank model has expanded to over 100 countries worldwide. Yunus received the 2006 Nobel Peace Prize for his pioneering work in microfinance and efforts to create economic and social development for the poor. He has received over 100 international awards for his work and continues his advocacy for establishing social businesses.
Leadership - Dr. Muhammod Yunus
Professor Muhammad Yunus established the Grameen Bank in Bangladesh in 1983 to provide small, collateral-free loans to poor entrepreneurs and lift people out of poverty. He pioneered the concept of microcredit. The bank makes small loans, usually less than $100, to the poor, especially women, and has over 2 million borrowers with a 98% repayment rate. Yunus was awarded the Nobel Peace Prize in 2006 for demonstrating that the poor can lift themselves out of poverty given access to credit. He has inspired microcredit programs in over 100 countries through the Grameen Bank model of empowering individuals with capital.
presentation on a successful entrepreneur
Dr. Muhammad Yunus is the first Bangladeshi to win the Nobel Peace Prize. He pioneered microcredit and founded the Grameen Bank to provide small loans to poor individuals, especially women. Yunus earned his PhD from Vanderbilt University and taught economics before discovering that small loans could make a significant difference for poverty-stricken families. In 1983, he established Grameen Bank to formalize his microcredit work, which has since provided loans to millions of poor families. Yunus won the 2006 Nobel Peace Prize for his microcredit innovations in creating economic and social development.
Poverty
The document discusses the history and impact of the Grameen Bank and its founder, Muhammad Yunus. It describes how Yunus pioneered microcredit and microfinance by providing small, collateral-free loans to poor entrepreneurs in Bangladesh through the Grameen Bank. The bank reversed conventional banking practices and has grown significantly, with over 8 million borrowers as of 2011, 97% of whom are women. Studies show over half of borrowers have risen out of poverty due to the loans. The bank has a high repayment rate of over 98% and is owned primarily by its borrowers.
Bb value ventures (poverty)
Muhammad Yunus pioneered microcredit and founded Grameen Bank to provide small loans to poor people, especially women in Bangladesh. This allowed millions to work their way out of poverty with dignity. For his work in microfinance and eradicating poverty, Yunus was awarded the 2006 Nobel Peace Prize. Beyond Grameen Bank, he has also created other organizations in Bangladesh addressing poverty issues. However, the Bangladeshi government recently took actions trying to undermine Grameen Bank and remove Yunus from its leadership.
Bb citizenship year 3
Muhammad Yunus was inspired to establish microcredit lending after observing that poor residents in villages struggled to access loans from traditional banks due to concerns over repayment. He founded Grameen Bank to provide small, affordable loans to the poor, particularly women, to help them establish businesses and lift themselves out of poverty. Grameen Bank has grown tremendously, with over 8 million borrowers in Bangladesh and other countries. Yunus received the Nobel Peace Prize in 2006 for his work establishing microcredit as an effective tool for alleviating poverty.
Bb citizenship
Muhammad Yunus was inspired to establish microcredit lending after observing how small loans could help impoverished villagers in Bangladesh become self-sufficient. He founded Grameen Bank in 1983 to provide small, low-interest loans to the poor without requiring collateral. Over 97% of Grameen Bank's 8 million borrowers are women. Yunus also worked to empower women and challenge social discrimination by encouraging them to start businesses using microloans. Grameen Bank has been hugely successful with a 97% repayment rate, lifting many out of poverty and earning Yunus the 2006 Nobel Peace Prize for his work reducing poverty through microfinance.
Poverty, the end to humanity
Muhammad Yunus pioneered microcredit and microfinance to help alleviate poverty. He founded Grameen Bank in Bangladesh, which provides small loans to the poor without collateral so they can start their own businesses. This eliminated exploitation by money lenders and empowered many to work their way out of poverty. Yunus' contributions through microcredit and other projects created self-employment opportunities and helped reverse the cycle of low incomes and lack of savings in Bangladesh and beyond.
Bb citizenship
Muhammad Yunus founded the Grameen Bank to provide microloans to the poor in Bangladesh who were not being served by traditional banks. During a university visit, he saw that villagers were too poor to access loans but could succeed with small amounts of capital. This inspired him to create Grameen Bank in 1983 to offer "microcredit" loans to the poor, especially women. Today, Grameen Bank has over 8 million borrowers, 97% of whom are women, and a 97% repayment rate. Yunus received the 2006 Nobel Peace Prize for his work to alleviate poverty through microfinance.
Poverty
Grameen Bank was founded in 1983 by Muhammad Yunus to provide microloans to poor people without requiring collateral. It aims to help fight poverty by providing affordable banking services to those outside the traditional banking system due to their economic status. Since its founding, Grameen Bank has grown to serve over 8 million borrowers, 97% of whom are women across over 2,500 branches in Bangladesh. It has loaned over $18 billion and helped improve socioeconomic conditions for many it has served.
Muhammad Yunus
Muhammad Yunus founded the Grameen Bank and pioneered microlending (small loans) to help impoverished people in Bangladesh become self-employed entrepreneurs. In the 1970s, he provided small, no-interest loans to poor women basket weavers when traditional banks refused them loans. This led to the opening of Grameen Bank in 1983, which lends to over 7.5 million poor people. Yunus also developed the concept of "social business" which uses entrepreneurship to help end poverty while being financially self-sustaining. For his pioneering work in microlending, Yunus and Grameen Bank won the 2006 Nobel Peace Prize.
Citizenship project 2015
Muhammad Yunus is a Bangladeshi economist who was awarded the Nobel Peace Prize for founding the Grameen Bank and pioneering microcredit and microfinance. He provided small loans known as "microloans" to poor people without requiring collateral when banks advised against it. In 1983, he formed the Grameen Bank based on principles of trust and solidarity. Today, Grameen Bank has over 8 million borrowers in Bangladesh, 97% of whom are women, and has a 97% loan repayment rate, demonstrating microcredit as an effective anti-poverty tool. Grameen methods have been applied in microcredit projects in 58 countries.
Muhammad Yunus
Muhammad Yunus is a Bangladeshi economist and banker who was awarded the Nobel Peace Prize for founding the Grameen Bank and pioneering microcredit and microfinance concepts. Some of his key accomplishments include establishing Grameen Bank in 1983, which provides small loans to millions of poor people in Bangladesh, especially women. He developed the concept of microcredit to provide credit to the poor and help them establish self-employment projects. Yunus' work has significantly reduced poverty levels in Bangladesh and inspired similar microcredit programs in other countries. He has received numerous honors for his contributions, including the Nobel Peace Prize in 2006.
Citizenship 2 presentation mohammad yunus
Mohammad Yunus founded Grameen Bank in 1983 to provide microloans to poverty-stricken individuals in Bangladesh. Through field work in villages, he discovered that many workers were trapped in cycles of poverty and debt due to inability to access credit. He began lending small amounts to individuals and saw success, which led to the development of microcredit and microloans as an anti-poverty strategy. Grameen Bank has since grown tremendously, with over 8 million borrowers served across Bangladesh. It boasts repayment rates over 97%, allowing millions to work their way out of poverty through access to financial resources and credit. Yunus' visionary work earned him the Nobel Peace Prize and inspired micro
Citizenship 2 presentation mohammad yunus
Mohammad Yunus founded Grameen Bank in 1983 to provide microloans to poverty-stricken individuals in Bangladesh. Through field work in villages, he discovered that many workers were trapped in cycles of poverty and debt due to inability to access credit. He began lending small amounts to individuals and saw success, which led to the development of microfinance and microcredit. Grameen Bank has since grown tremendously, with over 8 million borrowers served across Bangladesh through 2,500 branches. The bank boasts repayment rates over 97%, freeing many from poverty through access to financial resources and entrepreneurship. Yunus' visionary work earned him the Nobel Peace Prize and inspired similar anti-poverty strategies
Micro-finance : Pros and Cons
The document provides an overview of microcredit and financial institutions, focusing on BRAC's microfinance program in Bangladesh and Uganda. It proposes expanding BRAC's Empowerment and Livelihoods for Adolescent Girls (ELA) program in Uganda to provide microloans, financial literacy training, and vocational skills training to 30,000 adolescent girls. Research on the existing ELA program in Uganda found increases in savings, contraceptive use, and income-generating activities along with decreases in pregnancy rates and unwilling sexual intercourse. However, critiques note that microfinance programs often rely on repeated donations to cover costs and that few achieve full financial sustainability without subsidies.
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Muhammad Yunus is a Bangladeshi social entrepreneur who was awarded the Nobel Peace Prize for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance. He saw that the poor people in Bangladesh could not access loans while the rich could. In response, he created Grameen Bank in 1976 to provide small loans known as "microloans" to the poor, allowing over 80 million poor people to borrow small amounts of money to start businesses. The success of the Grameen model has inspired similar programs in over 100 countries.
Your ACTIONS May Change Poverty
Muhammad Yunus founded the Grameen Bank in 1983 to provide microloans to the poor in rural Bangladesh after observing how local loan sharks took advantage of villagers. The bank pioneered the concept of providing small loans without collateral to the very poor, especially women, with the goal of helping the poor become self-employed entrepreneurs. It has since grown to serve over 8 million borrowers in over 85,000 villages across Bangladesh, with a loan repayment rate of over 98%.
Muhammad Yunus
Muhammad Yunus pioneered microcredit and founded the Grameen Bank in Bangladesh in 1983 to provide small loans to the poor so they could start businesses. This allowed many to lift themselves out of poverty. He has also helped malnourished children through affordable yogurt and saved many from blindness through low-cost eye hospitals. When loans were given to women, they invested more back into their households and had lower default rates than men. Yunus has inspired thousands of others through social entrepreneurship to help the poor around the world.
Dr. Muhammad Yunus.
Dr. Muhammad Yunus is a Bangladeshi economist who pioneered microcredit and founded the Grameen Bank in 1983. He grew up in a village in Bangladesh and received degrees from universities in Bangladesh and the United States. While working as a professor, he began lending small amounts of money to poor villagers which had an outsized impact on their lives and businesses. This led to the founding of Grameen Bank which provides small loans known as microcredit to rural poor in Bangladesh, especially women, to help them engage in entrepreneurship and lift themselves out of poverty. For his work in microfinance, Yunus received the Nobel Peace Prize in 2006.
16 dr. muhammed yunus
Dr. Muhammad Yunus established the Grameen Bank in Bangladesh in 1983 to provide microloans to the poor with the goal of helping them lift themselves out of poverty. Since then, the Grameen Bank model has expanded to over 100 countries worldwide. Yunus received the 2006 Nobel Peace Prize for his pioneering work in microfinance and efforts to create economic and social development for the poor. He has received over 100 international awards for his work and continues his advocacy for establishing social businesses.
Leadership - Dr. Muhammod Yunus
Professor Muhammad Yunus established the Grameen Bank in Bangladesh in 1983 to provide small, collateral-free loans to poor entrepreneurs and lift people out of poverty. He pioneered the concept of microcredit. The bank makes small loans, usually less than $100, to the poor, especially women, and has over 2 million borrowers with a 98% repayment rate. Yunus was awarded the Nobel Peace Prize in 2006 for demonstrating that the poor can lift themselves out of poverty given access to credit. He has inspired microcredit programs in over 100 countries through the Grameen Bank model of empowering individuals with capital.
presentation on a successful entrepreneur
Dr. Muhammad Yunus is the first Bangladeshi to win the Nobel Peace Prize. He pioneered microcredit and founded the Grameen Bank to provide small loans to poor individuals, especially women. Yunus earned his PhD from Vanderbilt University and taught economics before discovering that small loans could make a significant difference for poverty-stricken families. In 1983, he established Grameen Bank to formalize his microcredit work, which has since provided loans to millions of poor families. Yunus won the 2006 Nobel Peace Prize for his microcredit innovations in creating economic and social development.
Poverty
The document discusses the history and impact of the Grameen Bank and its founder, Muhammad Yunus. It describes how Yunus pioneered microcredit and microfinance by providing small, collateral-free loans to poor entrepreneurs in Bangladesh through the Grameen Bank. The bank reversed conventional banking practices and has grown significantly, with over 8 million borrowers as of 2011, 97% of whom are women. Studies show over half of borrowers have risen out of poverty due to the loans. The bank has a high repayment rate of over 98% and is owned primarily by its borrowers.
Bb value ventures (poverty)
Muhammad Yunus pioneered microcredit and founded Grameen Bank to provide small loans to poor people, especially women in Bangladesh. This allowed millions to work their way out of poverty with dignity. For his work in microfinance and eradicating poverty, Yunus was awarded the 2006 Nobel Peace Prize. Beyond Grameen Bank, he has also created other organizations in Bangladesh addressing poverty issues. However, the Bangladeshi government recently took actions trying to undermine Grameen Bank and remove Yunus from its leadership.
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Muhammad Yunus was inspired to establish microcredit lending after observing that poor residents in villages struggled to access loans from traditional banks due to concerns over repayment. He founded Grameen Bank to provide small, affordable loans to the poor, particularly women, to help them establish businesses and lift themselves out of poverty. Grameen Bank has grown tremendously, with over 8 million borrowers in Bangladesh and other countries. Yunus received the Nobel Peace Prize in 2006 for his work establishing microcredit as an effective tool for alleviating poverty.
Bb citizenship
Muhammad Yunus was inspired to establish microcredit lending after observing how small loans could help impoverished villagers in Bangladesh become self-sufficient. He founded Grameen Bank in 1983 to provide small, low-interest loans to the poor without requiring collateral. Over 97% of Grameen Bank's 8 million borrowers are women. Yunus also worked to empower women and challenge social discrimination by encouraging them to start businesses using microloans. Grameen Bank has been hugely successful with a 97% repayment rate, lifting many out of poverty and earning Yunus the 2006 Nobel Peace Prize for his work reducing poverty through microfinance.
Poverty, the end to humanity
Muhammad Yunus pioneered microcredit and microfinance to help alleviate poverty. He founded Grameen Bank in Bangladesh, which provides small loans to the poor without collateral so they can start their own businesses. This eliminated exploitation by money lenders and empowered many to work their way out of poverty. Yunus' contributions through microcredit and other projects created self-employment opportunities and helped reverse the cycle of low incomes and lack of savings in Bangladesh and beyond.
Bb citizenship
Muhammad Yunus founded the Grameen Bank to provide microloans to the poor in Bangladesh who were not being served by traditional banks. During a university visit, he saw that villagers were too poor to access loans but could succeed with small amounts of capital. This inspired him to create Grameen Bank in 1983 to offer "microcredit" loans to the poor, especially women. Today, Grameen Bank has over 8 million borrowers, 97% of whom are women, and a 97% repayment rate. Yunus received the 2006 Nobel Peace Prize for his work to alleviate poverty through microfinance.
Poverty
Grameen Bank was founded in 1983 by Muhammad Yunus to provide microloans to poor people without requiring collateral. It aims to help fight poverty by providing affordable banking services to those outside the traditional banking system due to their economic status. Since its founding, Grameen Bank has grown to serve over 8 million borrowers, 97% of whom are women across over 2,500 branches in Bangladesh. It has loaned over $18 billion and helped improve socioeconomic conditions for many it has served.
Muhammad Yunus
Muhammad Yunus founded the Grameen Bank and pioneered microlending (small loans) to help impoverished people in Bangladesh become self-employed entrepreneurs. In the 1970s, he provided small, no-interest loans to poor women basket weavers when traditional banks refused them loans. This led to the opening of Grameen Bank in 1983, which lends to over 7.5 million poor people. Yunus also developed the concept of "social business" which uses entrepreneurship to help end poverty while being financially self-sustaining. For his pioneering work in microlending, Yunus and Grameen Bank won the 2006 Nobel Peace Prize.
Citizenship project 2015
Muhammad Yunus is a Bangladeshi economist who was awarded the Nobel Peace Prize for founding the Grameen Bank and pioneering microcredit and microfinance. He provided small loans known as "microloans" to poor people without requiring collateral when banks advised against it. In 1983, he formed the Grameen Bank based on principles of trust and solidarity. Today, Grameen Bank has over 8 million borrowers in Bangladesh, 97% of whom are women, and has a 97% loan repayment rate, demonstrating microcredit as an effective anti-poverty tool. Grameen methods have been applied in microcredit projects in 58 countries.
Muhammad Yunus
Muhammad Yunus is a Bangladeshi economist and banker who was awarded the Nobel Peace Prize for founding the Grameen Bank and pioneering microcredit and microfinance concepts. Some of his key accomplishments include establishing Grameen Bank in 1983, which provides small loans to millions of poor people in Bangladesh, especially women. He developed the concept of microcredit to provide credit to the poor and help them establish self-employment projects. Yunus' work has significantly reduced poverty levels in Bangladesh and inspired similar microcredit programs in other countries. He has received numerous honors for his contributions, including the Nobel Peace Prize in 2006.
Citizenship 2 presentation mohammad yunus
Mohammad Yunus founded Grameen Bank in 1983 to provide microloans to poverty-stricken individuals in Bangladesh. Through field work in villages, he discovered that many workers were trapped in cycles of poverty and debt due to inability to access credit. He began lending small amounts to individuals and saw success, which led to the development of microcredit and microloans as an anti-poverty strategy. Grameen Bank has since grown tremendously, with over 8 million borrowers served across Bangladesh. It boasts repayment rates over 97%, allowing millions to work their way out of poverty through access to financial resources and credit. Yunus' visionary work earned him the Nobel Peace Prize and inspired micro
Citizenship 2 presentation mohammad yunus
Mohammad Yunus founded Grameen Bank in 1983 to provide microloans to poverty-stricken individuals in Bangladesh. Through field work in villages, he discovered that many workers were trapped in cycles of poverty and debt due to inability to access credit. He began lending small amounts to individuals and saw success, which led to the development of microfinance and microcredit. Grameen Bank has since grown tremendously, with over 8 million borrowers served across Bangladesh through 2,500 branches. The bank boasts repayment rates over 97%, freeing many from poverty through access to financial resources and entrepreneurship. Yunus' visionary work earned him the Nobel Peace Prize and inspired similar anti-poverty strategies
Micro-finance : Pros and Cons
The document provides an overview of microcredit and financial institutions, focusing on BRAC's microfinance program in Bangladesh and Uganda. It proposes expanding BRAC's Empowerment and Livelihoods for Adolescent Girls (ELA) program in Uganda to provide microloans, financial literacy training, and vocational skills training to 30,000 adolescent girls. Research on the existing ELA program in Uganda found increases in savings, contraceptive use, and income-generating activities along with decreases in pregnancy rates and unwilling sexual intercourse. However, critiques note that microfinance programs often rely on repeated donations to cover costs and that few achieve full financial sustainability without subsidies.
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9
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- 1. Citizenship Stage 2 Venture Poverty and Contributions by Muhammad Yunus
- 2. Content Slide No. Content 1 Cover Slide 2 Contents Slide 3 What is Poverty? 4-5 Introduction to Muhammad Yunus 6-7 History and Impact of his Venture 8 Credit of Sources and Team Names
- 3. What is Poverty? • Pronounced deprivation in well-being, and comprises many dimensions. • It includes low incomes and the inability to acquire the basic goods and services necessary for survival with dignity. • Poverty also encompasses low levels of health and education, poor access to clean water and sanitation etc. • It is estimated that at nearly 870 million people out of the 7.1 billion people in the world were suffering from chronic undernourishment from 2010 to 2012 (one in every eight) • Most people suffering from poverty live in developing countries.
- 4. Introduction to Muhammad Yunus • Born on 28 June 1940 to a Muslim family in a village in the Bengal Presidency of the British Raj, which today forms Bangladesh • Muhammad Yunus is a Bangladeshi social entrepreneur, banker, economist and civil society leader • He grew up with 2 sisters and 6 brothers • He later married Afrozi Yunus, a professor of physics at Jahangirnagar University, Savar Dhaka • Muhammad Yunus and wife Afrozi Yunus has 2 daughters, Monica and Deena Yunus • His fields of study are Microcredit Theory and Development Economics
- 5. Introduction to Muhammad Yunus • He studied in his village school before his family moved to the city of Chittagong, thus moving to Lambazar Primary School • He later passed the matriculation examination from Chittagong Collegiate School, ranking 16th of 39000 students in East Pakistan • In 1957, he enrolled in the Department of Economics at Dhaka University and completed his Bachelors Degree in 1960 and Masters in 1961 • After graduation, Yunus joined the Bureau of Economics as a research assistant to the economics researches of Professor Nurul Islam and Rehman Sobhan • In 1961, he was appointed lecturer in economics in Chittagong College
- 6. History and Impact of Muhammad Yunus’ Venture • The Grameen Bank was founded in 1983, its name meaning “Village Bank” • The bank makes microcredit loans to the impoverished without requiring collateral • Microcredit loans are based on the concept that the poor have skills that are under-utilized, and with incentive, they can earn more money • Muhammad Yunus based the setting up of the bank on the positive result of a research project to study how to design a credit delivery system to provide banking services to the rural poor
- 7. History and Impact of Muhammad Yunus’ Venture • As of January 2011, the total borrowers of the bank number 8.4 million, and 97% of those are women • This number was more than double since 2003 • As of October 2007, the bank has a staff of more than 24,703 employees, its 2,468 branches provide services to 80,257 villages • In 1994, Grameen Bank received the Independence Day Award which is the highest government award • In October 13, 2006, Muhammad Yunus and the Grameen Bank was awarded the 2006 Nobel Peace Prize "for their efforts to create economic and social development from below."
- 8. Credit of Sources and Team Names • http://en.wikipedia.org/wiki/Grameen_Bank • http://en.wikipedia.org/wiki/Muhammad_Yunus • http://www.muhammadyunus.org/ 12 (I) Trio SSG/3 Philip Ong SSG/3 Nicholas Teo SSG/3 Joel Tan