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Muhammad Yunus
Muhammad Yunus pioneered microcredit and founded Grameen Bank to provide loans to poor people without collateral. While teaching economics, he saw people dying from poverty and wanted to address this. He started a microcredit program in the 1970s and founded Grameen Bank in 1983 to provide small, low-interest loans to help the poor lift themselves out of poverty through work. Yunus emphasized empowering women and community support through programs like village phones. His work achieved significant success in reducing poverty and he received numerous honors including the 2006 Nobel Peace Prize.
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Muhammad Yunus
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- 2. Grameen Bank ForThe Poor http://www.youtube.com/watch?v=IoqkEKTtIGg&feature=related
- 3. "While I wasteaching beautiful economic theories, people were dying," Background • Born in 28th June 1940 , Bangladesh • Solid financial background • 16th position among 39,000 students • Dhaka University • 1965 – USA • 1971 Return to Bangladesh Part of the Government • Poverty reduction programs • Grameen Bank 1983
- 4. “Every single personin the world has the right to live a decent life” Ethic Leader • The inventor of microcredits • The Village Phone Project • Joint venture • Women empowerment • Proactive leader
- 5. “..a culture thatholds people back should and can be changed..” Culture • Trust • Discipline • Unity • Responsibility
- 6. “Collectivism creates strongerand more legitimate bonds” Society & community context • Domino effect • Parental education and Child morality • Business opportunity • 16 Decisions • The importance of the collective
- 7. “Changes are productsof intensive efforts.” Achievements • Graduated 16th of 39,000 students • Head of the Economics Department of the Chittagong University • Microcredit venture • 1985 the Bangladesh Bank Award • Grameen Agriculture Foundation • 1993 CARE Humanitarian Award • 2006 the Nobel Peace Prize
- 8. “Humans are notborn to suffer the misery of hunger and poverty. They suffer now as they did in the past because we turn our heads away from this issue.” – Muhammad Yunus Thank You
Editor's Notes
- #2 Muhammad
- #4 the third of 14 children, but only nine of the children survived their infancy. / Dhaka University ( ECONOMICS)/ usa : the graduate program in Economic Development (GPED) /Briefly talk about grameen bank purpose
- #5 The inventor : a reduction of poverty of almost 40% in Bangladesh and has since been successfully applied to many other underdeveloped countries in need.the Village Phone Project: Connecting people ,and create successful businesses being able to have access to online resources, which has increased the monetary potential of the villager’s ideas.Join venture : with companies like Danone, Adidas, Intel and General Electric for them to start social actions for the Bangladeshi peopleWomen empowerment ; liberated many women from the sociological and economical repressive situation they were living. Proactive leader :spreading the word , leader giving speeches to students in many universities worldwide telling them
- #7 Domino effect :The influence of micro financing has improved the education and thus in a domino effect has contributed to the reduction of income poverty.
- #8 microcredit venture : reached number of participant . Open grameen bank