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.
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.
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.
Mr. Muhammad Yunus is a Bangladeshi economist who founded the Grameen Bank to provide microloans to the poor without collateral. In 1976, he made his first loan of $27 from his own pocket to 42 women bamboo workers in a village, demonstrating that very small loans could make a significant impact. For his work establishing microcredit to help alleviate poverty, Mr. Yunus and Grameen Bank received the 2006 Nobel Peace Prize.
Mr. Muhammad Yunus is a Bangladeshi economist who founded the Grameen Bank to provide microloans to the poor without collateral. In 1976, he made his first loan of $27 from his own pocket to 42 women bamboo workers in a village, demonstrating that very small loans could make a significant impact. For his work establishing microcredit to help alleviate poverty, Mr. Yunus and Grameen Bank received the 2006 Nobel Peace Prize.
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.
Muhammad Yunus was born in 1940 in Bangladesh and discovered that very small loans could make a huge difference for poor villagers. He made his first loan of $27 to 42 women villagers who used it to make bamboo furniture. This experience led him to found the Grameen Bank in 1983 to provide microloans to the poor without collateral. As of 2007, Grameen Bank had issued $6.3 billion in loans to 7.4 million borrowers. Yunus received the Nobel Peace Prize in 2006 for his work in microfinance and poverty alleviation through Grameen Bank.
Proverty a heart for the less fortunate(final)You Trolled
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.
- Muhammad Yunus was born in 1940 in Bangladesh and received degrees from Dhaka University and Vanderbilt University. He is known for establishing Grameen Bank in 1983 to provide microloans to the poor without collateral.
- Grameen Bank pioneered microcredit and microfinance by providing small loans known as "microcredit" to impoverished borrowers, mainly women, to engage in self-employment activities.
- Yunus received the Nobel Peace Prize in 2006 for his efforts through Grameen Bank to create economic and social development. He is recognized worldwide for his work in microfinance and efforts to establish economic and social justice.
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.
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.
Mr. Muhammad Yunus is a Bangladeshi economist who founded the Grameen Bank to provide microloans to the poor without collateral. In 1976, he made his first loan of $27 from his own pocket to 42 women bamboo workers in a village, demonstrating that very small loans could make a significant impact. For his work establishing microcredit to help alleviate poverty, Mr. Yunus and Grameen Bank received the 2006 Nobel Peace Prize.
Mr. Muhammad Yunus is a Bangladeshi economist who founded the Grameen Bank to provide microloans to the poor without collateral. In 1976, he made his first loan of $27 from his own pocket to 42 women bamboo workers in a village, demonstrating that very small loans could make a significant impact. For his work establishing microcredit to help alleviate poverty, Mr. Yunus and Grameen Bank received the 2006 Nobel Peace Prize.
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.
Muhammad Yunus was born in 1940 in Bangladesh and discovered that very small loans could make a huge difference for poor villagers. He made his first loan of $27 to 42 women villagers who used it to make bamboo furniture. This experience led him to found the Grameen Bank in 1983 to provide microloans to the poor without collateral. As of 2007, Grameen Bank had issued $6.3 billion in loans to 7.4 million borrowers. Yunus received the Nobel Peace Prize in 2006 for his work in microfinance and poverty alleviation through Grameen Bank.
Proverty a heart for the less fortunate(final)You Trolled
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.
- Muhammad Yunus was born in 1940 in Bangladesh and received degrees from Dhaka University and Vanderbilt University. He is known for establishing Grameen Bank in 1983 to provide microloans to the poor without collateral.
- Grameen Bank pioneered microcredit and microfinance by providing small loans known as "microcredit" to impoverished borrowers, mainly women, to engage in self-employment activities.
- Yunus received the Nobel Peace Prize in 2006 for his efforts through Grameen Bank to create economic and social development. He is recognized worldwide for his work in microfinance and efforts to establish economic and social justice.
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.
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.
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.
Muhammad Yunus was born in 1940 in Bangladesh and grew up in a village before moving to the city of Chittagong to attend school. He is an economist and Nobel Peace Prize recipient who developed microcredit and microfinance programs that provide small loans to poor entrepreneurs who cannot access traditional banks. He founded Grameen Bank to provide loans without collateral to the poor in Bangladesh, believing this could be an effective way to fight poverty at scale. His early microloans of $27 distributed among 40 people demonstrated that even very small amounts could allow people to earn a living. Yunus has since provided billions in loans to help the needy through microcredit programs.
B. A. Sem - IV - "Muhammad Yunus an Economics for Peace" by Farida KhanAnil Raut
Muhammad Yunus pioneered microcredit and microfinance through Grameen Bank, providing small loans to poor people, especially women in Bangladesh. This empowered individuals and communities economically and socially. By addressing poverty, Yunus' work promotes peace between nations. The 2006 Nobel Peace Prize recognized Yunus and Grameen Bank for creating development from below and advancing democracy through microcredit. Their model has been replicated worldwide to alleviate poverty and reduce crime and violence resulting from economic hardship. Yunus believes access to credit is a basic human right and has advocated globally for microfinance as a tool for poverty reduction.
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.
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.
Muhammad Yunus is a Bangladeshi economist who founded Grameen Bank in 1983 to provide microloans to poor individuals, especially women, who were not served by traditional banks. He pioneered the concept of microcredit by making small loans available to impoverished people living in Bangladesh to start businesses. By 2007, Grameen Bank had issued over $6 billion in loans to over 7 million borrowers, using a group lending model to ensure high repayment rates and help lift people out of poverty.
Citizenship 2 presentation mohammad yunusSamuel Fung
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 yunusSamuel Fung
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
Muhammad Yunus was born in 1940 in Bangladesh and obtained his PhD in economics from the University of Tennessee. After returning to Bangladesh, he started various rural economic programs and small loan programs to encourage entrepreneurship among the poor. This approach, which he called "microcredit", has since spread to over 100 countries and helped over 8 billion borrowers. Yunus was awarded the Nobel Peace Prize in 2006 for his work in alleviating poverty.
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.
Muhammad Yunus is a Bangladeshi economist who pioneered microcredit and microfinance. In 1976, he provided small loans totaling $27 to 42 women in a Bangladeshi village to help them purchase materials for their bamboo furniture businesses. This helped the women lift themselves out of poverty. Yunus went on to found Grameen Bank, which provides small, low-interest loans primarily to impoverished women. Today, over 97% of Grameen Bank's 7.5 million borrowers are women. The bank aims to provide $176 million in loans over five years to help the millions of Americans who lack access to traditional banking.
presentation on a successful entrepreneur Al Shahriar
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.
Transformation Symposium Dr. Yunus April 27 28ilsiculo
Dr. Muhammad Yunus was selected as the 2012 recipient of the Transformational Leadership Award from the Foundation for Transformational Leadership. He was recognized for his achievements as a humanitarian and social entrepreneur, including founding the Grameen Bank and pioneering microfinance. An award ceremony and symposium on transformational leadership was held on April 27-28, 2012 in Chicago to honor Dr. Yunus and feature other thought leaders. Dr. Yunus started the Grameen Bank in Bangladesh to provide small loans to the poor, especially women, and has helped over 8 million rise out of poverty.
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.
Muhammad Yunus was born in 1940 in Bangladesh and grew up in a village before moving to the city of Chittagong to attend school. He is an economist and Nobel Peace Prize recipient who developed microcredit and microfinance programs that provide small loans to poor entrepreneurs without requiring collateral. Yunus founded Grameen Bank to implement his revolutionary micro-credit system with the goal of fighting poverty through cost-effective and scalable lending.
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.
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.
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.
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.
Muhammad Yunus was born in 1940 in Bangladesh and grew up in a village before moving to the city of Chittagong to attend school. He is an economist and Nobel Peace Prize recipient who developed microcredit and microfinance programs that provide small loans to poor entrepreneurs who cannot access traditional banks. He founded Grameen Bank to provide loans without collateral to the poor in Bangladesh, believing this could be an effective way to fight poverty at scale. His early microloans of $27 distributed among 40 people demonstrated that even very small amounts could allow people to earn a living. Yunus has since provided billions in loans to help the needy through microcredit programs.
B. A. Sem - IV - "Muhammad Yunus an Economics for Peace" by Farida KhanAnil Raut
Muhammad Yunus pioneered microcredit and microfinance through Grameen Bank, providing small loans to poor people, especially women in Bangladesh. This empowered individuals and communities economically and socially. By addressing poverty, Yunus' work promotes peace between nations. The 2006 Nobel Peace Prize recognized Yunus and Grameen Bank for creating development from below and advancing democracy through microcredit. Their model has been replicated worldwide to alleviate poverty and reduce crime and violence resulting from economic hardship. Yunus believes access to credit is a basic human right and has advocated globally for microfinance as a tool for poverty reduction.
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.
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.
Muhammad Yunus is a Bangladeshi economist who founded Grameen Bank in 1983 to provide microloans to poor individuals, especially women, who were not served by traditional banks. He pioneered the concept of microcredit by making small loans available to impoverished people living in Bangladesh to start businesses. By 2007, Grameen Bank had issued over $6 billion in loans to over 7 million borrowers, using a group lending model to ensure high repayment rates and help lift people out of poverty.
Citizenship 2 presentation mohammad yunusSamuel Fung
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 yunusSamuel Fung
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
Muhammad Yunus was born in 1940 in Bangladesh and obtained his PhD in economics from the University of Tennessee. After returning to Bangladesh, he started various rural economic programs and small loan programs to encourage entrepreneurship among the poor. This approach, which he called "microcredit", has since spread to over 100 countries and helped over 8 billion borrowers. Yunus was awarded the Nobel Peace Prize in 2006 for his work in alleviating poverty.
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.
Muhammad Yunus is a Bangladeshi economist who pioneered microcredit and microfinance. In 1976, he provided small loans totaling $27 to 42 women in a Bangladeshi village to help them purchase materials for their bamboo furniture businesses. This helped the women lift themselves out of poverty. Yunus went on to found Grameen Bank, which provides small, low-interest loans primarily to impoverished women. Today, over 97% of Grameen Bank's 7.5 million borrowers are women. The bank aims to provide $176 million in loans over five years to help the millions of Americans who lack access to traditional banking.
presentation on a successful entrepreneur Al Shahriar
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.
Transformation Symposium Dr. Yunus April 27 28ilsiculo
Dr. Muhammad Yunus was selected as the 2012 recipient of the Transformational Leadership Award from the Foundation for Transformational Leadership. He was recognized for his achievements as a humanitarian and social entrepreneur, including founding the Grameen Bank and pioneering microfinance. An award ceremony and symposium on transformational leadership was held on April 27-28, 2012 in Chicago to honor Dr. Yunus and feature other thought leaders. Dr. Yunus started the Grameen Bank in Bangladesh to provide small loans to the poor, especially women, and has helped over 8 million rise out of poverty.
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.
Muhammad Yunus was born in 1940 in Bangladesh and grew up in a village before moving to the city of Chittagong to attend school. He is an economist and Nobel Peace Prize recipient who developed microcredit and microfinance programs that provide small loans to poor entrepreneurs without requiring collateral. Yunus founded Grameen Bank to implement his revolutionary micro-credit system with the goal of fighting poverty through cost-effective and scalable lending.
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.
Rudyard Kipling delivers a speech to university students in which he warns against pursuing wealth for wealth's sake alone. He advocates acquiring enough wealth to fulfill life's needs with one hand while keeping the other hand free for one's true work. Kipling also discusses the depression experienced by youth and encourages focusing on issues beyond oneself to overcome dark periods.
This document contains 31 multiple choice questions about the play "Tughlaq" by Girish Karnad. The questions test knowledge of characters, plot points, historical facts and themes in the play. Some of the characters addressed are Sultan Muhammad bin Tughlaq, Aziz, Vishnu Prasad, Ain-ul-Mulk, and Shaikh Imam-ud-din. Events covered include Tughlaq's shifting of the capital from Delhi to Daulatabad and a revolt led by Shaikh Imam-ud-din against the Sultan. Historical details concern the 14th century time period of Tughlaq's rule in India and places within India like Deccan, Delhi
The essay describes Richard Steele's Trumpet Club, a group that met regularly in the evenings. The club originally had 15 members but had dwindled to 5, including Sir Jeoffrey Notch, the oldest member who chaired the meetings. Major Matchlock was next oldest and recounted his experiences in the Civil Wars. Honest old Dick Reptile also attended with his silent nephew. The members passed the time recounting old stories and jokes. Steele found the conversations a relaxing way to prepare for sleep, though he felt talking grew more trivial with age and thought experience should be used to benefit others.
The novel originated in the 14th century from Italian novellas and was influenced by ancient Greek and Roman stories and medieval romances. It developed as a popular genre in the 18th century with works like Robinson Crusoe and Pamela. Major 19th century novelists like the Brontës, Dickens, Eliot, and Hardy established conventions of complex plots, character development, and social commentary. The Victorian era saw the rise of the novel as a dominant literary form. In the 20th century, modernist novels experimented with narrative techniques and addressed wider themes. Key features of the novel include telling a story through prose narrative of extended length with fictional characters and events.
The passage discusses the picaresque novel and the sentimental novel. It provides the following key points:
1. The picaresque novel originated in 16th century Spain and became popular in the 17th-18th centuries. It features a traveling hero who has a series of adventures and misfortunes. Notable examples include Tobias Smollett's The Adventures of Roderick Random and Henry Fielding's Tom Jones.
2. The sentimental novel was popular in the 18th century and focused on emotional responses and scenes of suffering/tenderness rather than action. Examples include Samuel Richardson's Pamela and Oliver Goldsmith's The Vicar of Wakefield.
3. Both genres contributed
The document discusses the origin and features of the essay form. It states that Michel de Montaigne is considered the father of the modern essay, as he first used the term "essais" to describe this type of informal writing. While essays vary in style and length, they are generally defined as brief compositions in prose on a particular subject. Key features of essays include limiting their scope, giving a sense of completeness despite covering only part of a subject, and having unlimited subject matter. The document then provides brief biographies of several influential English essayists like Charles Lamb, William Hazlitt, Thomas Carlyle, Thomas Love Peacock, and Thomas de Quincey.
The document is an excerpt from an essay by Oliver Goldsmith describing a "Man in Black" he knows. Though the man outwardly acts harsh and miserly, criticizing beggars and claiming not to give to charity, his true nature is revealed through actions showing great compassion. When beggars approach asking for help, the man is unable to refuse and secretly gives them money, though maintaining his facade of ill-nature. The essay explores the contradictions between his outward personality and private acts of generosity.
This document contains 25 multiple choice questions about the short story "The Homecoming" by Rabindranath Tagore. The questions test comprehension of details about the main character Phatik, such as that he was the leader of the boys in his village and annoyed his friend Makhan. It also contains questions about Tagore's biography and the themes of homesickness in the story.
The document contains 39 multiple choice questions about the short story "The Thief" by Ruskin Bond. The questions test the reader's comprehension of the plot, which involves a thief named Deepak who takes a job working for a trusting young man named Arun. Deepak plans to rob Arun but changes his mind after growing fond of him. The questions cover details about the characters, their relationship, and the events that unfold such as Deepak briefly stealing money from Arun but returning it after feeling guilty.
The document is about the importance of water and its role in sustaining life on Earth. It discusses how water is the real "elixir of life" and describes India's dependence on water resources like rainfall and rain-fed tanks for agriculture. It also talks about how civilizations in India and Egypt were created and sustained by major river systems and their deposits of fertile soils. Proper management of water resources through practices like forestation and harnessing of water is described as important for preventing soil erosion and sustaining life.
- Indira Gandhi was the first female Prime Minister of India, serving three terms from 1966 to 1977. She was the daughter of India's first Prime Minister Jawaharlal Nehru.
- In a 1972 speech to the UN Conference on the Human Environment in Stockholm, Sweden, Gandhi emphasized the need for development that improves people's lives and the environment. She noted that poverty is the greatest polluter and environmental protection requires addressing poverty.
- While acknowledging India's role in environmental degradation, Gandhi argued that wealthy countries consume far more resources per capita and their development is largely responsible for global pollution problems. Ending reckless exploitation of resources and prioritizing people over profits are needed for a sustainable future
The speech summarizes Nehru's speech on Indian independence delivered on August 14th, 1947 at midnight. In it, Nehru speaks about India's past struggles for independence and looks forward to India's future as a prosperous and progressive nation. He says India has redeemed its tryst with destiny and will awake to life and freedom at midnight. Nehru pledges dedication to serving India and humanity. He ends the period of ill fortune and sees this as an opportunity for greater achievements. Nehru encourages Indians to work hard to fulfill their dreams and responsibilities of ending poverty, inequality, and more.
Where the Mind is Without Fear MCQS.pptxJKhamankar
This document contains 20 multiple choice questions about the poem "Where the Mind is Without Fear" by Rabindranath Tagore. The questions test understanding of the poem's themes of freedom from fear and superstition, breaking down of domestic walls that divide society, and the search for ever-widening thought and action unhindered by habits of the past. The document provides the questions and four possible answers for each one. It does not include the answers. The questions are attributed to Dr. G. N. Khamankar and are meant to assess understanding of Tagore's famous poem.
This document provides 17 multiple choice questions and explanations about the Lord Byron poem "She Walks in Beauty". The questions cover various literary devices used in the poem like metaphor, personification, and alliteration. They also ask about structural elements like rhyme scheme and enjambment. Additionally, the questions probe the poem's description of the woman's beauty and character, as well as background context about the poem's author and time period.
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This is part 1 of my Java Learning Journey. This Contains Custom methods, classes, constructors, packages, multithreading , try- catch block, finally block and more.
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This Dissertation explores the particular circumstances of Mirzapur, a region located in the
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The complex relationship between human activities and the environment has been the focus
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'Land uses,' which are determined by both human activities and the physical characteristics of the
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The utilization of land is impacted by human needs and environmental factors. In countries
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Therefore, human intervention has significantly influenced land use patterns over many
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changes, conversion trends, and other related patterns. The spatial dimensions of land use and
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help of Advanced technologies like Remote Sensing and Geographic Information Systems is
crucial for coordinated efforts across different administrative levels. Advanced technologies like
Remote Sensing and Geographic Information Systems
9
Changes in vegetation cover refer to variations in the distribution, composition, and overall
structure of plant communities across different temporal and spatial scales. These changes can
occur natural.
Strategies for Effective Upskilling is a presentation by Chinwendu Peace in a Your Skill Boost Masterclass organisation by the Excellence Foundation for South Sudan on 08th and 09th June 2024 from 1 PM to 3 PM on each day.
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Communicating effectively and consistently with students can help them feel at ease during their learning experience and provide the instructor with a communication trail to track the course's progress. This workshop will take you through constructing an engaging course container to facilitate effective communication.
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Answers about how you can do more with Walmart!"
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it describes the bony anatomy including the femoral head , acetabulum, labrum . also discusses the capsule , ligaments . muscle that act on the hip joint and the range of motion are outlined. factors affecting hip joint stability and weight transmission through the joint are summarized.
1. B.Com. Sem. III
Text:
Muhammad Yunus (b. 1940) is a Bangladeshi banker, whose focus on microcredit and
microfinance concepts awarded the Nobel Prize in 2006 for efforts to create economic and
social development from below'. Time magazine has listed top twelve business leaders in their
segment on ‘sixty years of Asian heroes’. The Wharton School of Business chose Yunus as
one most influential business persons of the past twenty-five years. He is also the founder of
Grameen Bank, a Nobel Prize-winning organization.
Yunus was born on 28 June 1940 in the village of Bathua, in Hathazari, Chittagong. Chittagong
was, at the time, under the British Raj. After the Indian Independence and the Bangladesh
Liberation War, that area would come to be known as Bangladesh.His father was a jeweller
and the family was able to live in relative ease and comfort. The first four years of Yunus s life
were spent in the village he was born in. Then his family moved to Chittagong. It was a
turbulent period, especially after his mother was afflicted with a psychological illness. His
mother was his role model; a woman who helped anyone that knocked on their door. It was
then that Yunus developed an interest in the Boy Scouts and in 1955 even travelled to Canada
to attend a jamboree. He performed well in school, securing the sixteenth position among
39,000 students in Pakistan.
After high school, Yunus studied at Dhaka University, receiving a B.A. degree in 1960 and an
M.A. degree in 1961. His first job was as a research assistant, before he became a lecturer in
Economics at Chittagong College. In 1965 he received a Fulbright scholarship to study
economics at Vanderbilt University. He completed his PhD in Economics and remained in the
US as an assistant professor of Economics at Middle Tennessee State University for three years,
from 1969 to 1972.
In 1971 India and Pakistan were engaged in the Bangladesh Liberation War. It was a nine-
month war that saw the secession of East Pakistan, which became Bangladesh. Yunus was in
the US when the war took place. and set up the Bangladesh Information Center with other
Bangladeshis in the US. The idea behind the centre was to raise support for la Following the
war Yunus returned to Bangladesh and joined CH University as head of the Economics
department. It was during as acting head of the Economics department that Yunus would across
an idea that would lead to him helping millions of poverty-st people, and would eventually
award him the Nobel Prize.
3.
Muhammad
Yunus
Notes Prepared by
Dr. G. N. Khamankar,
Vivekanand Collage, Bhadrawati
2. In 1974 Bangladesh suffered from a famine. The famine was accompanied by massive flooding
that resulted in a dip in Bangladesh's population Bangladesh received no relief and no aid from
other countries. People in the rural areas suffered from starvation as the floods had devastated
food crops. The US did not commit to food aid at the time because of Bangladesh's policy of
exporting jute to Cuba, a country the US was politically in a stalemate with. Yunus was
profoundly affected by the famine. He remembered his mother's actions-opening the door to
help anyone who came knocking-and he began to be actively involved in poverty reduction.
He established a rural economic programme as a research project, so that he could get a feel
for the scope of damage caused by the famine. He began putting forward several proposals to
help the rural areas of Bangladesh.
In 1976, as part of his research, Yunus visited the poorest households in a village near
Chittagong. He interviewed a woman who was making bamboo stools and learnt that she was
being charged exorbitant rates for her loans, and thus was barely making a profit. He realised
the potential for recovery then and there and, in an exhibition of practical economics, loaned
the equivalent of twenty-seven US dollars to forty-two women in the village. It was his first
loan. With more advantageous rates, these women were able to raise their profits and manage
better than before Without these new rates, the women would likely have been stuck in a rut
for the rest of their lives. Yunus did the math and realised that on smaller scale, microfinance
and microcredit could really help Bangladesh’s struggle with poverty. Yunus knew that the
first problem he faced this solution was that traditional banks would not be interested in of
small value at reasonable interest rates, especially to the poor, wh risk of missing repayment
would be high. Yunus believed that given chance, microcredit could be a vitable business
model. What was n for that chance was an institution to lend to those who had nothlu applied
for a loan from the government Janata Bank so that he could set up this institution. By the end
of 1976 he received the loan and set to work.
The institution put into effect the microcredit model that Yunus had proposed and began taking
loans from other banks to continue operating. It succeeded. By 1982 the institution had
expanded to twenty-eight thousand members, and in 1983 confirmed its status as a fully-
fledged bank and was renamed Grameen Bank (the name meant 'Village' Bank).
Grameen Bank initially faced many difficulties: radical leftists threatened Yunus and his
colleagues; conservative clergy cautioning women from borrowing money from the bank.
Despite these setbacks, the company continued to grow and by the 1990s the bank had started
to diversify, focusing on irrigation schemes and equity projects and even telecommunications.
Grameenphone became the biggest private sector phone company in Bangladesh, supplying
over a quarter-of-a-million phones to the poor across fifty thousand villages. By 2007, Grameen
Bank had issued over six billion dollars to more than seven million borrowers. Repayment of
loans was ensured through 'solidarity groups' where a small group would apply together for a
loan and the members within the groups would support one another to ensure repayment of the
loan and economic self-advancement. Such a system helped major portions of Bangladesh pull
themselves out from under the heavy weight of poverty. It is interesting to note that nearly
ninety-five per cent of Grameen loans were to women. The reason behind this was that
Bangladeshi women were more likely to suffer from poverty than men, and, the women were
more likely to devote their earnings to their family, unlike the men. Grameen Bank was
employing a model that they hoped would do two things: alleviate property, and empower
women.
In the 1990s Yunus took on more responsibilities. He became a member of the International
Advisory Group for the Fourth World Conference on Women, a post to which he was appointed
by the UN Secretary-General. He also served on the Global Commission of Women's Health,
3. the Advisory Council for Sustainable Economic Development and the UN Expert Group on
Women and Finance.
It comes as no surprise that, in addition to the Nobel Prize, Yunus has also been the recipient
of several honours and awards. He is one of seven people to have even been awarded the Nobel
Peace Prize, the Presidential Medal of Freedom (the highest civilian award in the US) and the
Congressional Gold Medal (bestowed by the United States Congress). Former US president
Bill Clinton was an ardent supporter of Yunus and firmly believed that Yunus deserved the
Nobel Peace Prize. Yunus's and Grameen's methods and practices are now applied in projects
in over sixty countries across the world, including the US and Europe. It is clear that he has
had a marked impact on Bangladesh's and the worlds history.
SUMMARY
Muhammad Yunus is a Bangladeshi social entrepreneur, banker, economist and
civil society leader who was awarded the Noble Prize for founding the Grameen
Bank and pioneering the concept of microcredit and microfinance. He made
efforts to create economic and social development from below'. In Time
Magazine he is listed one of the twelve business leaders in their segment on 'Sixty
Years of Asian Heroes'. The Wharton School of Business chose Yunus as one of
the twenty-five most influential business persons of the past twenty-five years.
He is also the founder of Grameen Bank, a Nobel Prize winning organization
Yunus was born on 28 June 1940 in the village of Bathua, in Hathazari
Chittagong, Chittagong was at that time under the British rule. After the Indian
independence and the Bangladesh Liberation war, that area was known as
Bangladesh. His father was a jeweller and the family was able to live in relative
simplicity and comfort. The first four years of Yunus' life were spent in the
village. Then his family moved to Chittagong. It was a chaotic period, especially
after his mother was afflicted with a psychological illness. His mother was his
role model for being helpful nature. He developed an interest in the Boy Scouts.
In 1935 he travelled to Canada to attend a jamboree. His performance was well
in school, securing the sixteenth position among 39000 students in Pakistan.
After his matriculation he graduated from Dhaka University. Then he passed M.A
in 1961. He worked as research Assistant then he became a lecturer in Economics
at Chittagong College. In 1965 he received a Fulbright scholarship to study
economics at Vanderbilt University. He completed Ph.D in Economics and
worked as Assistant professor at Middle Tennessee State University for three
years in US.
4. In 1971 nine month war began in Pakistan. Bangladesh was born when he was in
US. He set up the Bangladesh Information Center with other Bangladeshis in the
US to support for liberation. Following the war he returned to Bangladesh und
joined Chittagon University as head of the Economics Department. He worked to
help millions of poverty stricken people. For his contribution he received Noble
Prize.
In 1974 Bangladesh suffered from food crisis. The food shortage was
accompanied by massive flooding resulted in a dip in Bangladesh's population.
Bangladesh received neither relief nor any help from other countries. People
suffered in rural areas due to starvation as the floods had devastated food crops.
US did not support to his country. He was deeply affected by the famine. He
remembered his mother's actions- opening the door to help the poor people. He
launched rural economic programme as a research project so that he could get
feel for the scope of damage caused by the famine. He put several proposals to
help the rural areas of Bangladesh.
In 1976, Yunus visited the poorest people in his village. He interviewed a woman
who was making bamboo stools and experienced that she was being charged high
rates for her loans and making hardly profit. He realized the probable for recovery
and in an exhibition of practical economics, distributed loans among forty-two
women in the village. It was his first loan. With this scheme, women were able
to raise their profits and manage better than before. He did calculation and
realized that on a smaller scale, microfinance and microcredit could really help
Bangladesh's struggle with poverty. He noticed the first problem he faced with
this solution was that traditional banks would not be interested in loans of small
value at reasonable interest rates, especially to the poor. He believed that given
the chance microcredit could be proved best business model. He applied for a
loan from the government Janata Bank. By the end of 1076 he received the loan
and set to work. He began taking loans from other banks. By 1982 the institution
had expanded to twenty-eight thousand members and in 1983 confirmed its status
as fully fledged bank and was renamed Grameen Bank.
Gramin bank faced many difficulties at the beginning stage. Radical leftists
threatened him and colleagues. The conservative clergymen were threatening
women from borrowing money from the bank. Despite these setbacks, the
company continued to grow and by the 1990s the bank had started diversify and
focused on irrigation scheme and equity projects and even telecommunications.
Grameen phone became the biggest private sector phone company in Bangladesh,
supplying over a quarter of -a million phones to the poor across fifty thousand
villages. By 2007, Grameen Bank had issued over six billion dollars to more than
seven million borrowers. Repayment of loans was ensured through solidarity
groups' where small group would apply together for a loan and the members
within the groups would support one another to guarantee repayment of the loan
and economic selfadvancements. This helped to reduce the poverty. It is very
5. interesting to note that ninety-five percent of Grameen loans were given to
women. Gramin bank was employing a model that they hoped would do two
things: Alleviate property and empower women.
In the 1990s Yunus took on more responsibilities. He became a member of the
International Advisory Group for the Fourth World Conference on Women, he
was appointed by the UN Secretary-general. He served on the Global
Commission of Women's health, the Advisory Council for Sustainable Economic
Development and UN Expert Group on Women and Finance.
Mohammad Yunus received several prestigious award and honours like Noble
Peace Prize, the Presidential Medal of Freedom and the Congressional Gold
Medal. His Grameen's methods and practices are now applied in projects in over
sixty countries across the world including The US and Europe... He left the deep
impression in the history of the world.
6. साराांश
मुहम्मद युनुस हे बाांग्लादेशी सामाजिक उद्योिक, बँकर, अर्थशास्त्रज्ञ आजि नागरी समाि
नेते आहेत ज्ाांना ग्रामीि बँक स्र्ापन क
े ल्याबद्दल आजि मायक्रो-क्र
े जिट आजि
मायक्रोफायनान्स सांकल्पनेचे अग्रिी म्हिून नोबल पुरस्काराने गौरजिण्यात आले. आजर्थक
आजि सामाजिक जिकास घििून आिण्यासाठी त्ाांनी प्रयत्न क
े ले. टाईम मॅगजिनमध्ये
त्ाांना 'एजशयन जहरोांच्या साठ िर्ाांचे' या जिभागातील बारा व्यािसाजयक नेत्ाांपैकी एक
म्हिून सूचीबद्ध क
े ले आहे. व्हाटथन स्क
ू ल ऑफ जबजिनेसने युनुसची जनिि मागील पांचिीस
िर्ाथतील सिाथत प्रभािशाली व्यािसाजयक व्यक्ीांपैकी क
े ली. ते ग्रामीि बँक
े चे सांस्र्ापक
देखील आहेत, नोबेल पाररतोजर्क जमळििा युनुसचा िन्म 28 June िून 1940 रोिी
हर्िारी चटगाांग मधील बर्ुआ गािात िाला. त्ािेळी जिटीशाांच्या अजधपत्ाखाली होते.
भारतीय स्वातांत्र्य आजि बाांगलादेश मुक्तक्सांग्रामानांतर ते क्षेत्र बाांगलादेश म्हिून ओळखले
िात असे. त्ाचे ििील एक ज्वेलर होते आजि क
ु टुांब सापेक्ष साधेपिा आजि आरामात
िगू शकले असते. युनूसनी पजहले चार िर्े 'आयुष्य गािात खचथ क
े ली. त्ानांतर त्ाचे क
ु टुांब
चटगाांि येर्े गेले. हा एक गोांधळलेला काळ होता, जिशेर्तः त्ाच्या आईला मानजसक
आिाराने ग्रासले. नांतर त्ाची आई त्ाची आदशथ होती. त्ाला बॉय स्काऊट्समध्ये रस
जनमाथि िाला. 1935 मध्ये ते िाांबोरीला उपक्तस्र्त राहण्यासाठी क
ॅ निाला गेले. त्ाची
कामजगरी शाळे त चाांगली होती, ज्ाने पाजकस्तानमधील 39000 जिद्यार्थ्ाांमध्ये सोळािा
क्रमाांक जमळजिला.
मॅजटिकनांतर त्ाांनी पदिी ढाका जिद्यापीठातून घेतली. त्ानांतर1961 मध्ये त्ाांनी एम ए
उत्तीिथ क
े ले. त्ाांनी सांशोधन सहाय्यक म्हिून काम क
े ले. त्ानांतर ते चटगाांग
महाजिद्यालयात अर्थशास्त्राचे व्याख्याते िाले. 1965 मध्ये त्ाला िानिजबथल्ड जिद्यापीठात
अर्थशास्त्राचा अभ्यास करण्यासाठी फ
ु लिाइट जशष्यिृत्ती जमळाली. त्ाांनी अर्थशास्त्रामध्ये
पीएचिी पूिथ क
े ली आजि अमेररक
े त तीन िर्े मध्यम टेनेसी राज् जिद्यापीठात सहाय्यक
प्राध्यापक म्हिून काम क
े ले.
1971मध्ये पाजकस्तान मध्ये 9 मजहन्ाांच्या युद्धाला सुरुिात िाली. तो अमेररक
े त असताना
बाांगलादेश जनमाथि िाले. त्ाांनी पाजठां ब्यासाठी अमेररक
े त बाांगलादेश माजहती क
ें द्र सुरू
क
े ले. मुक्ीच्या युद्धानांतर ते बाांगलादेशात परत दाखल िाले आजि अर्थशास्त्र जिभागाचे
प्रमुख म्हिून चॅजटांगटन जिद्यापीठात मदत करण्याचे काम क
े ले. त्ाांच्या योगदानाबद्दल
त्ाांना नोबल पुरस्कार जमळाला. 1974 मध्ये बाांगलादेशला अन्नधान्ाच्या सांकटाने ग्रासले.
अन्न टांचाईच्या बरोबरीने ब -याच प्रमािात पूर आला आजि बाांगलादेशातील लोकसांख्या
कमी िाली. बाांगलादेशला कोिताही जदलासा जमळाला नाही की कोितीही मदत इतर
देशाांकि
ू न जमळाली नाही. त्ाांमुळे ग्रामीि भागात उपासमारीची क्तस्र्ती जनमाथि िाली.
पुरामुळे अन्नधान्ाची जपक
े उद् वस्त िाली. अमेररक
े ने आपल्या देशाला पाजठां बा जदला
नाही. त्ाला दुष्काळाचा तीव्र पररिाम िाला. त्ाला आपल्या आईच्या क
ृ ती आठिल्या -
गररबाांना मदत करण्यासाठी म्हिून त्ाांनी ग्रामीि भागातील आजर्थक कायथक्रम म्हिून
7. सांशोधन प्रकल्प सुरू क
े ला. दुष्काळामुळे होिा -या नुकसानीची िािीि व्हािी म्हिून
बाांगलादेशातील ग्रामीि भागाला मदत करण्यासाठी त्ाांनी अनेक प्रस्ताि ठे िले.
1976 मध्ये युनुस आपल्या गािातल्या गरीब लोकाांना भेटला. बाांबूची स्टू ल बनििा एका
मजहलेची त्ाने मुलाखत घेतली आजि जतला अनुभि आला की जतच्या किाथसाठी जतला
िास्त दर आकारला िात आहे. त्ाांना पुनप्राथप्तीची सांभाव्यता समिली आजि व्यािहाररक
अर्थशास्त्राच्या प्रदशथनात, त्ाांनी गािातील 42 क्तस्त्रयाांमध्ये किाथचे जितरि क
े ले. हे त्ाचे
पजहले किथ होते. या योिनेमुळे मजहलाांना आपला नफा िाढजिण्यात आजि पूिीपेक्षा
अजधक चाांगले व्यिस्र्ाजपत करण्यात सक्षम िाले. त्ाांनी गिना क
े ली आजि हे समिले
की लहान प्रमािात, मायक्रोफायनान्स आजि मायक्रोक्र
े जिटमुळे बाांगलादेशच्या दाररद्र्याशी
लढा देण्यासाठी खरोखर मदत होऊ शकते. या समस्येला सामोरे िाण्याची त्ाांना पजहली
अिचि लक्षात आली ती म्हििे पारांपाररक बँकाांना िाििी व्याि दरािर, खासकरून
गरीबाांना कमी मूल्याच्या किाथत रस नसिे. त्ाांचा असा जिश्वास होता की सांधी जदल्यास
मायक्रोक्र
े जिट सिोत्क
ृ ष्ट व्यिसाय मॉिेल म्हिून जसद्ध होऊ शकते. त्ाांनी सरकारी िनता
बँक
े कि
ू न किाथसाठी अिथ क
े ला. 1076 अखेरीस त्ाला किथ जमळाले आजि ते कामािर
जनघाले. तो इतर बँकाांकि
ू न किथ घेऊ लागला. 198 २ पयांत सांस्र्ेचा जिस्तार अठ्ठािीस
हिार सदस्याांपयांत िाला आजि 198 3 मध्ये त्ा पूिथ बँक
े च्या रूपाने जनजित क
े ल्या आजि
त्ाचे नामकरि ग्रामीि बँक क
े ले गेले.
ग्रामीि बँक
े ला सुरुिातीच्या टप्प्यात बर्याच अिचिीांचा सामना करािा लागला. कट्टर
िाव्या जिचारसरिीने त्ाना धमकािले आजि पुरािमतिादी मजहलाांना किथ घेण्याची
धमकी देत होते. बँक
े तून या अिचिी असूनही, क
ां पनी िाढतच राजहली आजि 1990 च्या
दशकात बँक
े ने जसांचन योिना जिजिधता आिली आजि इक्तिटी प्रकल्प आजि अगदी
दू रसांचार यािरही लक्ष क
ें जद्रत क
े ले. ग्रामीि फोन बाांगलादेशातील सिाथत मोठी खािगी
क्षेत्रातील फोन क
ां पनीने पन्नास हिार खेड्यातून दीि लाख फोन गरीबाांना पुरिले. २००
पयांत ग्रामीि बँक
े ने दशलक्षाहून अजधक किथदाराांना सहा अब्ज िॉलसथहून अजधक किथ
जदले.
एकता गटाांद्वारे किाथची परतफ
े ि सुजनजित क
े ली गेली आहे िेर्े लहान गट किाथसाठी
एकत्र अिथ करेल आजि समूहातील सदस्यदेण्यासाठी पाजठां बा देतील किाथची परतफ
े ि
आजि आजर्थक स्व-प्रगतीची हमी यामुळे दाररद्र्य कमी होण्यास मदत िाली. हे लक्षात
घेण्याची बाब अजतशय रुचीदायक आहे की ग्रामीि किाांपैकी पन्नास टक्क
े किे मजहलाांना
देण्यात आली होती. ग्रामीि बँक एक मॉिेल िापरत होती, त्ाांना आशा होती की दोन
गोष्टी करतील: मालमत्ता कमी करा आजि मजहला सबलीकरि करा. 1990 च्या दशकात
युनूसने अजधक िबाबदा-या स्वीकारल्या. ते आांतरराष्टि ीय सदस्य िाले मजहला जिर्यीच्या
चौर्थ्ा िागजतक पररर्देसाठी सल्लागार गटाचे, त्ाांची जनयुक्ी सांयुक् राष्टि सांघाच्या
सरजचटिीस याांनी क
े ली. त्ाांनी ग्लोबल कजमशन ऑफ िुमेन्स हेल्थ, अिव्हायिरी
कौक्तन्सल फॉर यूएन एक्सपटथ ग्रुप ऑन िुमेन्स एां ि फायनान्सिर काम क
े ले.
8. मोहम्मद युनुस याांना नोबेल पीस पाररतोजर्क,अनेक प्रजतजित पुरस्कार ि सन्मान जमळाले.
त्ाच्या ग्रामीि पद्धती आता साठ देशाांमधील प्रकल्पाांमध्ये लागू आहेत अमेररका आजि
युरोपसह िगाच्या इजतहासािर त्ाांनी खोलिर छाप पािली.
A. Long Question and Answer
Que 1. Explain how Yunus applied microcredit to help the poor
Or
What did Yunus do after witnessing the devastating impact of the
famine on the population of Bangladesh?
OR
Describe Grameen Bank success. OR
What the story behind Yunus’s first loan.
Ans: Muhammad Yunus is a Bangladeshi social entrepreneur, banker, economist
and civil society leader. He was awarded the Noble Prize for founding the
Grameen Bank and pioneering the concept of microcredit and microfinance. He
made efforts to create economic and social development from below'.
In 1974 Bangladesh suffered from food crisis accompanied by massive flooding.
Bangladesh received neither relief nor any help from other countries. People
suffered in rural areas due to starvation. US did not support to his country. Yunus
was deeply affected by the famine. He remembered his mother's actions- opening
the door to help the poor people. He launched rural economic programme as a
research project. He put several proposals to help the rural areas of Bangladesh.
In 1976, Yunus visited the poorest people in his village. He interviewed a woman
who was making bamboo stools. She was being charged high rates for her loans.
He realized her condition and distributed loans among forty-two women in the
village. It was his first loan. With this scheme, women were able to raise their
profits. He realized that microfinance and microcredit could really help
Bangladesh's struggle with poverty. He believed that microcredit could be proved
best business model. He applied for a loan from the government Janata Bank. By
the end of 1076 he received the loan and set to work. He began taking loans from
other banks. By 1982 the institution had expanded to twenty-eight thousand
members and in 1983 confirmed its status as fully fledged bank and was renamed
Grameen Bank.
9. 2. How did Grameen Bank help the impoverished women of Bangladesh?
Why did the bank focus on the women of Bangladesh? Or
Describe the various roles Yunus took on after setting up Grameen Bank.
Ans: Muhammad Yunus is a Bangladeshi social entrepreneur, banker, economist
and civil society leader. He was awarded the Noble Prize for founding the
Grameen Bank and pioneering the concept of microcredit and microfinance. He
made efforts to create economic and social development from below'.
Gramin bank faced many difficulties at the beginning stage. Radical leftists
threatened him and colleagues. The conservative clergymen were threatening
women from borrowing money from the bank. Despite these setbacks, the
company continued to grow and by the 1990s the bank had started diversify and
focused on irrigation scheme and equity projects and even telecommunications.
Grameen phone became the biggest private sector phone company in Bangladesh,
supplying over a quarter of -a million phones to the poor across fifty thousand
villages.
By 2007, Grameen Bank had issued over six billion dollars to more than seven
million borrowers. Repayment of loans was ensured through solidarity groups'
where small group would apply together for a loan and the members within the
groups would support one another to guarantee repayment of the loan and
economic selfadvancements. This helped to reduce the poverty. It is very
interesting to note that ninety-five percent of Grameen loans were given to
women. Gramin bank was employing a model that they hoped would do two
things: Alleviate property and empower women.
B. Short Questions and Answers
Que. 1. Describe Yunus’s academic performance in high school.
Ans: Yunus was born on 28 June 1940 in the village of Bathua, in Hathazari
Chittagong, Chittagong was at that time under the British rule. After the Indian
independence and the Bangladesh Liberation war, that area was known as
Bangladesh. His father was a jeweller and the family was able to live in relative
simplicity and comfort. The first four years of Yunus' life were spent in the
village. Then his family moved to Chittagong. It was a chaotic period, especially
after his mother was afflicted with a psychological illness. His mother was his
role model for being helpful nature. He developed an interest in the Boy Scouts.
In 1935 he travelled to Canada to attend a jamboree. His performance was well
in school, securing the sixteenth position among 39000 students in Pakistan.
10. Que. 2. What was Yunus’s mother’s attitude towards the poor and needy?
Ans: In 1974 Bangladesh suffered from food crisis accompanied by massive
flooding. Bangladesh received neither relief nor any help from other countries.
People suffered in rural areas due to starvation. US did not support to his country.
Yunus was deeply affected by the famine. He remembered his mother's actions-
opening the door to help the poor people. He launched rural economic programme
as a research project. He put several proposals to help the rural areas of
Bangladesh.
Que.3. List three major awards that Yunus received.
Ans: In the 1990s Yunus took on more responsibilities. He became a member of
the International Advisory Group for the Fourth World Conference on Women,
he was appointed by the UN Secretary-general. He served on the Global
Commission of Women's health, the Advisory Council for Sustainable Economic
Development and UN Expert Group on Women and Finance.
Mohammad Yunus received several prestigious award and honours like Noble
Peace Prize, the Presidential Medal of Freedom and the Congressional Gold
Medal. His Grameen's methods and practices are now applied in projects in over
sixty countries across the world including The US and Europe... He left the deep
impression in the history of the world.
Que. 4. Why did Yunus receive the Nobel Peace Prize. Or
What was Yunus doing during the Bangladesh Liberation War? Or
Describe Yunus’s experience in the U.S., as described in the above essay?
Ans. After his matriculation he graduated from Dhaka University. Then he passed
M.A in 1961. He worked as research Assistant then he became a lecturer in
Economics at Chittagong College. In 1965 he received a Fulbright scholarship to
study economics at Vanderbilt University. He completed Ph.D in Economics and
worked as Assistant professor at Middle Tennessee State University for three
years in US.
In 1971 nine month war began in Pakistan. Bangladesh was born when he was in
US. He set up the Bangladesh Information Center with other Bangladeshis in the
US to support for liberation. Following the war he returned to Bangladesh und
joined Chittagon University as head of the Economics Department. He worked to
help millions of poverty stricken people. For his contribution he received Noble
Prize.