Poverty for BB
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Muhammad Yunus, born in 1940, is the founder of Grameen Bank and co-founder of Yunus Social Business. He established Grameen Bank to offer loans and other services to the poor in Bangladesh, in order to help people living below $1 per day lift themselves out of poverty. Through Grameen Bank and other social businesses, Yunus has helped advance economic and social development globally, contributing to a movement of microlending that aims to end poverty around the world.
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Muhammad Yunus is considered a pioneer in social entrepreneurship. He founded the Grameen Bank in 1983 to provide microcredit loans to the poor in Bangladesh, helping millions become financially self-sufficient. For this work establishing microfinance, Yunus received the Nobel Peace Prize in 2006. He later co-founded Yunus Social Business to create and support social businesses addressing global social problems. Through Grameen Bank and other ventures, Yunus has improved lives and helped lift millions of families out of poverty around the world.
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- 1. Poverty Members : Bryan Yue Sean Tan Yi Young Hansel Ong Hel(poverty)ers
- 2. What is Poverty? • The state of living below US$1 per day.
- 3. Muhammad Yunus • Born on 28 June 1940 • Founder and Manager of the Grameen Bank • Co-Founder of Yunus Social Business (YSB)
- 4. What did he do? • He Co-Founded the YSB which creates and empowers social businesses to address and solve social problems around the world. • He offered an array of products and services to the poor
- 5. Why did he do that? • He wants to help the poor people out of poverty. • He imagines in creating a poverty-free world.
- 6. What were his contributions? • He contributed, along with Grameen Bank, efforts to create an econonic and social development. • He and Grameen Bank has advanced to the flourishing world movement toward putting an end to poverty through microlending. There are many copies of Grameen Bank operating in more than 100 countries which focuses on lending money.
- 7. The