Muhammad Yunus saw a need to provide loans to poor people in Bangladesh and started small experiments lending money that was repaid. This grew into the Grameen Bank in 1983, which pioneered microloans between $27-500 that allowed the poor to start businesses and pull themselves out of poverty. By 2008, Grameen Bank had loaned over $6 billion to 7.5 million borrowers, mostly women. Based on its success, over 250 other organizations in 100 countries now operate microlending programs based on Grameen Bank's model. Yunus and Grameen Bank won the Nobel Peace Prize in 2006 for their work in creating economic and social development through microfinance.

1. GROUP 2
 John Patrick Caparoso
 Cedric Caquilala
 Juan Miguel Estillore
 Anna Carmella Luczon

2. WHO IS
Muhammad Yunus?

3. Muhammad Yunus
Yunus saw a great need for a
bank that would lend money
to the poor.
So he had an experiment in
which he lent money to a
group of borrowers and
tracked results.

4. Muhammad Yunus
His experiments was
successful, the debts to him
were repaid.
He continued this lending
model until he succeeded in
founding the Grameen Bank in
Bangladesh in 1983.

5. Grameen Bank
“If you give a
man a fish, you
feed him for a
day. If you
teach him to
fish, you feed
him for a
lifetime.”

6. Grameen Bank
Grameen Bank in Bangladesh
pioneered the idea of giving out
micro-loans between $27 and
$500 to poor people.
These micro-loans were given to
the poor so they can start or
expand small businesses to pull
themselves out of poverty.

7. Grameen Bank
As of May 2008, Grameen Bank (GB)
has provided loans totalling $6-billion
to 7.5-million borrowers, 97% of
whom are women.
Most of the borrowers are women
because GB believes that they looks
to the future with a planned strategy
to improve the family situation.

8. Grameen Bank
Today, more than 250 institutions
in nearly 100 countries operate
micro-credit programs based on
the Grameen methodology,
placing Grameen Bank at the
forefront of a burgeoning world
movement toward eradicating
poverty through micro-lending.

9. Nobel Peace Prize 2006

10. Nobel Peace Prize 2006
The Nobel Peace Prize 2006
was awarded jointly to
Muhammad Yunus and
Grameen Bank "for their efforts
to create economic and social
development from below."

11. Banker to the Poor
Muhammad Yunus also
published a book that is
his autobiography entitled
“Banker to the Poor:
Micro-Lending and the
Battle Against World
Poverty.”

12. Banker to the Poor
“If you go out into the real
world, you cannot miss seeing
that the poor are poor not
because they are untrained or
illiterate but because they
cannot retain the returns of their
labor. They have no control
over capital, and it is the ability
to control capital that gives
people the power to rise out of
poverty.”