Muhammad Yunus was born in 1940 in Bangladesh and became an economist. In 1974, after a famine, he began giving small loans to poor people without collateral to start businesses. He founded Grameen Bank in 1983 to provide microloans to the poor, especially women. Through microloans, Yunus created an innovative approach for providing credit to entrepreneurs too poor to qualify for traditional bank loans and helped many escape poverty. He was awarded the Nobel Peace Prize in 2006 for his work in microcredit and economic development.

1. Muhammad YunusMuhammad Yunus

2. Introduction of
Muhammad Yunus
• Muhammad Yunus was born in 28 June 1940 in the
village of Bathua, Chittagong.
• In 1974, Muhammad Yunus, a Bangladesh
economist from Chittagong University.
• Founder of Grameen Bank
• Yunus continued giving out 'micro-loans‘.
• Create the spark of initiative and enterprise
necessary to pull out of poverty.

3. Introduction of
Muhammad Yunus
• Found that something must be terribly wrong with
the economics he was teaching, Yunus took the
matter to solve it.
• He took out £ 17 of his pocket money to 42
basket-weavers.
• In 1997, Professor Yunus cause the world’s first
Micro Credit Summit in Washington.

4. History and Impact of
their Venture
• In 1972, Mohamad Yunus studied in Bangladesh
and the USA, Yunus was appointed professor of
economics.
• When Bangladesh suffered famine in 1974, he
felt that he had to do something more for the
poor people other than simple teaching.
• He decided to give loans to people who wanted to
start their own enterprises.

5. History and Impact of
their Venture
• Grameen Bank's established in 1983 has been to
grant poor people small loans on easy terms.
• Muhammad Yunus regards micro-credit both as a
human right and as an effective means of
preventing from poverty.
• Muhammad Yunus lend the poor people money to
manage their own life.

6. Team members: Joel Cephas, Axel,
Zacharie, Hong Jie
Sources:
http://www.nobelprize.org/nobel_prizes/peace/laureates/2006/yunu
http://www.grameen-
info.org/index.php?
option=com_content&task=view&id=329
&Itemid=363

7. Team members: Joel Cephas, Axel,
Zacharie, Hong Jie
Sources:
http://www.nobelprize.org/nobel_prizes/peace/laureates/2006/yunu
http://www.grameen-
info.org/index.php?
option=com_content&task=view&id=329
&Itemid=363