2. Introduction
Mr Muhammad Yunus was one of 14 children
His father was a goldsmith, who encouraged him to
seek higher education
He was inspired to helping the poor by:
His mother, who was always helping them herself,
A poor woman he met later on in life and her plight
3. Introduction (2)
Later in life he became a professor teaching economy
at Bangladesh’s Chittagong University.
He founded the Grameen Bank, meaning “village
bank”.
The bank became very successful due to its policies and low
interest rates.
Became a renown philanthropist.
Won the Nobel Peace Prize in 2006.
4. Impact
• Mr Muhummad, a Bangladeshi economist, met a woman
during a field trip.
• This woman was:
• Poor
• Hardly earning and income
• In great need of fair loans
• She required opportunities to raise herself above subsistence level
5. Impact (2)
• An inspired Mr Muhummad went on to set up the Grameen
Bank:
• Founded on principles of trust and solidarity
• Today, it serves 8.29 million borrowers in 81367 villages
• It has expanded to 2564 branches in Bangladesh alone
• Other countries are now also using this system of loaning.
• Led to Mr Muhummad wining the Nobel Peace Prize in
2006
6. Daniel Koh
Mark Choo
Credits
Chan Tian
Shin DongGun
Ethan Mok