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Topic: Muhammad Yunus


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In the News (Sun 19 May 13)

  
  The New Heroes . Meet the New Heroes . Muhammad Yunus | PBS
Yunus developed his revolutionary micro-credit system with the belief that it would be a cost effective and scalable weapon to fight poverty.
Yunus told his story and that of the bank in the book "Banker to the Poor," co-authored by him and Alan Jolis.
In the book, Yunus recalls that in 1974 he was teaching economics at a Chittagong University in southern Bangladesh, when the country experienced a terrible famine in which thousands starved to death.
www.pbs.org /opb/thenewheroes/meet/yunus.html   (476 words)

  
 RNW: Muhammad Yunus - the man behind microcredit
Muhammad Yunus - a small and modest man - speaks convincingly about the microcredit system, for he sees access to loan facilities as a fundamental right.
Mohammed Yunus was one of the four winners of the Four Freedoms Awards 2006, presented this year in the Dutch town of Middelburg.
Muhammad Yunus clearly hopes that the ultimate effect will be a decrease in poverty in his own nation.
www.radionetherlands.nl /currentaffairs/dev060516?view=Standard   (914 words)

  
 Headlines - Visionary Economist Muhammad Yunus Shares Microlending Success Stories - Stanford GSB
Yunus described to a rapt audience at the conference on Global Business and Global Poverty how he devised the concept of microlending and came to found the extraordinarily successful microfinancing enterprise Grameen Bank.
In closing, Yunus briefly mentioned other "social business entrepreneurship" ideas, such as the creation of a "social stock market" in which the primary goal of the shareholder is not to obtain greater dividends but rather to support organizations that are helping reduce poverty, clean up the environment, improve health, and accomplish other worthy goals.
Yunus acknowledged that such ideas inevitably seem unviable at the beginning, but he encouraged the audience to think positively and boldly.
www.gsb.stanford.edu /news/headlines/2004globalconf_yunus.shtml   (1261 words)

  
 Muhammad Yunus at UC Berkeley
Muhammad Yunus, whose movement to provide tiny loans to the poor has transformed millions of desperate lives, will speak on the Berkeley campus on Friday.
Yunus is the founder and managing director of the Grameen Bank in Bangladesh and has gained international renown for developing the concept of "micro-loans" to help the poor become self-sufficient.
Yunus was a professor of economics at Chittagong University in Bangladesh when he helped give birth to this revolution in the banking industry.
www.berkeley.edu /news/media/releases/2002/04/18_yunus.html   (322 words)

  
 News from Vanderbilt University
Yunus reasoned that if financial resources can be made available to the poor on terms and conditions that are appropriate and reasonable, “these millions of small people with their millions of small pursuits can add up to create the biggest development wonder.”
Yunus will be at Vanderbilt University on Friday, Jan. 28, to tell his story, recently captured in his autobiography, The Banker to the Poor: Micro-lending and the Battle Against World Poverty.
Yunus has earned global acclaim for his innovative work to benefit the rural poor and has been recognized with honors and appointments from many governments, the World Bank and the United Nations.
sitemason.vanderbilt.edu /newspub/bjfTyg?id=16976   (559 words)

  
 1994 World Food Prize Laureate Dr. Muhammad Yunus
Muhammad Yunus was chosen to receive the 1994 World Food Prize for his original approach to promoting the economic and social empowerment of the poorest citizens of Bangladesh, specifically women and children.
Yunus, a native of Bangladesh born in 1940, holds a Ph.D. in economics from Vanderbilt University and taught economics for several years at Chittagong University in Bangladesh.
Yunus has been sought to serve on and consult for several international groups on development practices, including the World Bank’s Advisory Council for Sustainable Economic Development and UNESCO’s International Advisory Panel, and on a range of policy commissions in Bangladesh dealing with education, health, population policy, and land reform.
www.worldfoodprize.org /Laureates/Past/1994.htm   (940 words)

  
 Headlines - Remarks by Muhammad Yunus - Stanford GSB
In 1974, Professor Muhammad Yunus, a Bangladeshi economist from Chittagong University, led his students on a field trip to a poor village.
Muhammad Yunus was born in 1940 in Chittagong, the business centre of what was then Eastern Bengal.
Yunus: Our first instincts come back to the political framework, many of the issues that were neglected before come back into the discussion—not that it got accepted within the broad basic framework yet, but it is at least knocking at the door to get in.
www.gsb.stanford.edu /news/headlines/2004globalconf_yunus_speech.shtml   (4147 words)

  
 UN Foundation: Board of Directors
Professor Muhammad Yunus, founder of the Grameen Movement, is responsible for many innovative programs benefiting the rural poor.
Dr. Yunus is also noted for the creation of "micro-credit," which provides "micro" loans to the poor and serves as a catalyst for improving their socio-economic conditions.
Yunus lives in Dhaka, Bangladesh, with his wife Afrozi and their daughter, Deena.
www.unfoundation.org /about/board/yunus.asp   (277 words)

  
 A World Connected - Muhammad Yunus: Banker to the Poor
An authentic hero, Muhammad Yunus, the founder and director of the Grameen Bank in Bangladesh has been described as the person who has done "more than anyone in history to empower the poor." The Grameen Bank, founded in 1983, makes very small loans to poor people in Bangladesh who use them to establish tiny businesses.
Yunus is also extremely excited about the potential of information technology to help the poor in developing countries, and he’s not just being theoretical about it.
Yunus is also working with Hewlett Packard to bring internet kiosks to villages.
www.aworldconnected.org /article.php/378.html   (377 words)

  
 Muhammad Yunus Lecture at SIPA
Muhammad Yunus is founder of the Grameen movement, and is responsible for many innovative programs benefiting the world's rural poor.
He is considered a pioneer in the field of microcredit, which provides "micro" loans to the poor to serve as a catalyst for improving their socioeconomic status.
Yunus was born in 1940 in Chittagong, the third of fourteen children.
www.earthinstitute.columbia.edu /cgsd/events/yunus.html   (155 words)

  
 2004 Award Winner-Muhammad Yunus-CASE Annual Leadership in Social Entrepreneurship Award-Center for Advancement of ...   (Site not responding. Last check: 2007-10-31)
Yunus, who was there to receive the 2004 CASE Leadership in Social Entrepreneurship Award, went on to say that access to credit should be a human right.
Recognizing that the existing banking system was designed to “keep poor people out” and, in his world, “reject women,” Yunus had taken his first concrete step towards becoming the “Banker to the Poor.”; He soon established the Grameen Bank, a revolutionary financial institution that extends small loans for income generation to the poor.
Yunus ended his presentation with a challenge: "How easy it is for us to underestimate people and their resolve.
www.fuqua.duke.edu /centers/case/about/leadershipaward/04winner.html   (469 words)

  
 MIT World » : Ending Global Poverty
If you don’t have the first dollar, you can’t catch the next dollar.” It was Yunus’ notion, in the face of harsh skepticism, to give the poorest of the poor their first dollar so they could become self-supporting.
Muhammad Yunus made his first loan of $27 to a group of 42 Bangladeshi village women, to help free them from debt to moneylenders and allow them to build their furniture business.
Yunus has received the Ramon Magsaysay Award (1984) from Manila; the Aga Khan Award for Architecture (1989) from Geneva; the Mohamed Shabdeen Award for Science (1993) from Sri Lanka; and the World Food Prize by World Food Prize Foundation (1994) from the US.
mitworld.mit.edu /video/289   (492 words)

  
 Muhammad Yunus, Banker to the World's Poorest Citizens, Makes His Case - Knowledge@Wharton
Yunus: I wanted to give money to people like this woman so that they would be free from the moneylenders to sell their product at the price which the markets gave them -- which was much higher than what the trader was giving them.
Yunus: I thought if you do things in a businesslike way, then the project can become as big as you want it to because you are earning enough money to cover all your costs. You are not dependent on anybody.
Yunus: I was very surprised. I didn't think I was at that level. These are the people who are admired all over the world, who have accomplished so much.
knowledge.wharton.upenn.edu /article/1147.cfm   (3235 words)

  
 An Open Letter to Professor Muhammad Yunus Taj Hashmi
To be honest Professor Yunus, your recent flamboyantly narcissist speech, widely circulated in the media, is shocking and disappointing.
It is really frustrating to read your speech Professor Yunus as you want to eliminate corruption, or at least bring down the level of corruption in Bangladesh from number one in the world to one of the bottom three in the SAARC region by merely becoming the chairman of the Anti-Corruption Commission.
You are right Professor Yunus that your ethics and reliance on the common people would be your most effective weapons against corruption, but you have not considered the fact how powerless and pessimistic the common people have turned into since 1971.
www.mukto-mona.com /Articles/taj_hashmi/yunus.htm   (2190 words)

  
 Muhammad Yunus
Born in 1940's East Pakistan prior to the independence of Bangladesh, Yunus' family was prosperous and he was able to attend preperatory school and college in his home country, earning a MA in economics.
Upon returning to Bangladesh and observing the poverty of rural citizens and their dealings with extortionist moneylenders, Yunus came upon the idea of microlending.
Yunus' methods have been applied to Burma and in Kosovo, with success.
www.nndb.com /people/183/000049036   (249 words)

  
 The End of Poverty: An Interview with Muhammad Yunus
Yunus: I had been teaching in the United States and I returned to Bangladesh after independence to participate in rebuilding the nation.
Yunus: We have observed that while Grameen credit helps people increase their income, several leakages in the system keep people from moving ahead.
Yunus: Behind all of our projects is the idea that business doesn’t have to be greed-based, it can be run with social objectives.
www.globalenvision.org /library/4/527/6   (3307 words)

  
 The next steps for microcredit, Interview with Muhammad Yunus, by Monte Leach, Share International Archives
An interview with Grameen Bank founder and microcredit pioneer, Muhammad Yunus, discussing microcredit's challenges and successes in extending credit to the world's poor.
Last February, Muhammad Yunus and others organized a Microcredit Summit in Washington DC, which was attended by nearly 3,000 participants from throughout the world.
Muhammad Yunus: First of all, we are clarifying terminologies -- what is microcredit, what does the goal mean in each case -- and building institutional plans.
www.shareintl.org /archives/economics/ec_mlnextstep.htm   (1046 words)

  
 Centre for Policy Dialogue Bangladesh: Muhammad Yunus
Professor Muhammad Yunus is the Managing Director and founder of Grameen Bank which currently operates 1143 branches providing credit to over 2.4 million poor people residing in 39501 villages in Bangladesh.
Professor Yunus studied economics in the USA from 1965 to 1969 while on fellowships from Fullbright and from Vanderbilt University, where he received his Ph.D. in Economics.
Professor Yunus was appointed as member of many national and international committees, commissions, Board of Advisors and Directors, including Sustainable Economic Development, World Bank, UN Expert Group on Women and Finance, UN Foundation, etc. He was Cabinet Minister in the Caretaker Government of Bangladesh.
www.cpd-bangladesh.org /about/Yunus.html   (250 words)

  
 Yunus Books - Signed, used, new, out-of-print
This collection of poems introduces a general readership to Yunus Emre (1240-1321), called the "greatest folk poet in Islam." An unlettered Turkish shepherd who sang mystical songs that are still popular today, he was the first in a great tradition of Turkish Sufi troubadours who celebrated the Divine Presence as the intimate Beloved and Friend....
The popularity of Yunus Emre, who is often referred to as the Turkish national poet, has endured for six centuries.
Yunus is the most important representative of early Turkish mysticism; he can be considered the founder of Alevi-Bektasi literature, and his influence on later "tekke" poetry was enormous.
www.alibris.com /search/books/author/Yunus   (781 words)

  
 Muhammad Yunus, Banker to the Poor, Speaks at Babson March 7   (Site not responding. Last check: 2007-10-31)
Muhammad Yunus, Banker to the Poor, Speaks at Babson March 7
Yunus originated the concept of banking without collateral for the poorest of the poor which became Grameen Bank.
Yunus studied at Vanderbilt University earning a Ph.D. in Economics, and returned to Bangladesh in 1972.
www3.babson.edu /Newsroom/Releases/Yunus2-05.cfm   (318 words)

  
 Muhammad Yunus: Microcredit Missionary
As a young economics professor at Chittagong University in Bangladesh in 1976, Muhammad Yunus lent $27 out of his own pocket to a group of poor craftsmen in the nearby town of Jobra.
To boost the impact of that small sum, Yunus volunteered to serve as guarantor on a larger loan from a traditional bank, kindling the idea for a village-based enterprise called the Grameen Project.
This was a radical step in a traditional Muslim society, and it took Yunus six years to reach his initial goal of a 50-50 gender distribution among borrowers.
www.businessweek.com /magazine/content/05_52/b3965024.htm   (934 words)

  
 Grameen Bank, Bangladesh   (Site not responding. Last check: 2007-10-31)
As founder of the Grameen Movement, Professor Muhammad Yunus is a revolutionary.
Yunus has also served on many committees and commissions dealing with education, population, health, disaster prevention, banking, and development programs.
Professor Yunus also sits on the board of the Calvert World Values Fund, the Foundation for International Community Assistance, the National Council for Freedom From Hunger, RESULTS and the International Council of Ashoka Foundation, all of which are located in the US.
www.gdrc.org /icm/grameen-yunusbio.html   (472 words)

  
 Babson College - The Autobiography of Dr. Muhammad Yunus
Professor Muhammad Yunus is the founder and Managing Director of Grameen Bank which currently operates 1,326 branches providing credit to 4 million poor people residing in 47,836 villages in Bangladesh.
Professor Yunus studied economics in the Vanderbilt University, USA and received his Ph.D. in Economics in 1970.
Professor Yunus serves in the boards of many national and international organisations.
www3.babson.edu /Events/dr_muhammad_yunus_bio.cfm   (234 words)

  
 Amazon.com: Banker to the Poor: Micro-Lending and the Battle Against World Poverty: Books: Muhammad Yunus   (Site not responding. Last check: 2007-10-31)
But a famine in 1974 ravaged the country, leading Dr. Yunus to alter his thinking and his life profoundly: "What good were all my complex theories when people were dying of starvation on the sidewalks and porches across from my lecture hall?....
Ever optimistic, Yunus travels the globe spreading the belief that poverty can be eliminated: "...the poor, once economically empowered, are the most determined fighters in the battle to solve the population problem; end illiteracy; and live healthier, better lives.
Yunus based the program on his strong belief that the very poor do not need complicated training programs to improve their economic lot.
www.amazon.com /Banker-Poor-Micro-Lending-Against-Poverty/dp/1586481983   (2054 words)

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