Muhammad Yunus
A- Birthday
- June 28, 1940
- Age
- 85
- Height
- 0'0" (0 cm)
- Net Worth
- $10M
About
Muhammad Yunus is a highly respected Bangladeshi economist and statesman, recognized globally for his pioneering work in microcredit and microfinance. He is the founder of Grameen Bank, an institution that provides small loans to entrepreneurs too poor to qualify for traditional bank loans. Yunus was awarded the Nobel Peace Prize in 2006 for his efforts to create economic and social development from below. He also served as the outgoing fifth chief adviser of Bangladesh since 2024.
Career Timeline
Microcredit Concept Developed
Yunus develops the concept of microcredit while teaching economics. He starts his work to provide financial access to the poor.
Grameen Bank Founded
Yunus founds Grameen Bank to provide small loans to the poor. His initiative marks the start of a global movement.
Microfinance Recognition
Grameen Bank gains international recognition for its microfinance model. This grows Yunus' reputation.
Nobel Peace Prize
Yunus is awarded the Nobel Peace Prize for his work in microcredit. This solidifies his legacy as a visionary social entrepreneur.
Continued Advocacy
Yunus continues to advocate for microfinance and poverty reduction. He remains a leading voice in economic development.
Ongoing Contributions
Yunus continues his contributions to social and economic development. He also serves as the outgoing fifth chief adviser of Bangladesh.
