Muhammad Yunus





Muhammad Yunus

Author profile


born
in Chittagong, Bangladesh
June 28, 1940

gender
male

website


About this author

Dr. Muhammad Yunus is a Bangladeshi banker and economist. He previously was a professor of economics and is famous for his successful application of microcredit--the extension of small loans given to entrepreneurs too poor to qualify for traditional bank loans. Dr. Yunus is also the founder of Grameen Bank. In 2006, Yunus and the bank were jointly awarded the Nobel Peace Prize "for their efforts to create economic and social development from below." He has also received several other national and international honors. Dr. Yunus is one of the founding members of Global Elders, a group of public figures noted as elder statesmen, peace activists, and human rights advocates whose goal is to solve global problems by using "almost 1,000 years of...more


Average rating: 4.01 · 5,588 ratings · 855 reviews · 17 distinct works · Similar authors
Banker to the Poor: Micro-L...
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Creating a World Without Po...
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“When we want to help the poor, we usually offer them charity. Most often we use charity to avoid recognizing the problem and finding the solution for it. Charity becomes a way to shrug off our responsibility. But charity is no solution to poverty. Charity only perpetuates poverty by taking the initiative away from the poor. Charity allows us to go ahead with our own lives without worrying about the lives of the poor. Charity appeases our consciences.”
Muhammad Yunus, Banker to the Poor: Micro-Lending and the Battle Against World Poverty

“Once poverty is gone, we'll need to build museums to display its horrors to future generations. They'll wonder why poverty continued so long in human society - how a few people could live in luxury while billions dwelt in misery, deprivation and despair.”
Muhammad Yunus, Creating a World Without Poverty: Social Business and the Future of Capitalism

“Poverty is the absence of all human rights. The frustrations, hostility and anger generated by abject poverty cannot sustain peace in any society. For building stable peace we must find ways to provide opportunities for people to live decent lives.”
Muhammad Yunus

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