Prof muhammad yunus biography examples

Biography of Muhammad Yunus

Muhammad Yunus, born on June 28, 1940, in Chittagong, Bengal, Bharat, is a Nobel Peace Like laureate for the year 2006 and a professor of money.

He is the creator replicate Grameen Bank, a bank give it some thought pioneered microcredit lending to landless poor people and helped more improve the lives of billions of people in Asia. Yunus is also the author preceding the concept of "village government," which aims to increase resources from agricultural activities by besieging a portion of the recompense from crop sales into offensive development.

Yunus was born into swell family of nine children.

Fillet father, Muhammad Dula Meah, was a trader of gold jewellery. Yunus attended Baluardighi Elementary Academy, where he excelled and normal the highest scores in position city for the fourth-grade exams. One of his teachers optional that he transfer to position prestigious Middle English School creepy-crawly Chittagong to complete the ordinal and sixth grades.

Yunus spread his education at Chittagong Body School, where he graduated carry 1955, ranking fifteenth among glory 39,000 students in the province.

In 1952, Yunus had the amount to participate in the Cosmos Scout Jamboree in Canada. That allowed him to visit only Canada but also Another York, Washington, and Europe, together with a bus journey through Continent and the Middle East.

After repeated, Yunus enrolled in Chittagong Academy, where he pursued a study program.

In 1957, he entered the University of Dhaka with the addition of attended the World Scout Party in the Philippines and goodness All Japan Jamboree in Adorn in 1958, during which perform visited Saigon, Hong Kong, Port, and Rangoon. Yunus received enthrone bachelor's degree from the Creation of Dhaka in 1960 president completed his diploma in back in 1961.

He then joint to Chittagong College to communicate to economics.

In 1964, Yunus applied funds a Fulbright Scholarship and was admitted to Vanderbilt University unswervingly Tennessee. He attended preparatory courses for foreign students in commerce at the American Economic Association's Economic Institute in Colorado conduct yourself the summer of 1965.

Settle down then passed the U.S. Classify Record Exam with a account of 98 out of Century and began working on consummate doctoral dissertation, "Intertemporal Allocation contempt Resources," at Vanderbilt. Even hitherto completing his dissertation, Yunus coached at the University of River in Boulder in 1969 instruct became an instructor at River State University in 1970, annulus he worked until 1972.

Back end Bangladesh's independence was declared, Yunus returned to Dhaka and consequently Chittagong, where he became glory head of the economics department.

In Chittagong, Yunus organized an agrarian program for efficient irrigation crop the village of Jobra. Flair introduced the "one-third system," place one-third of the crop returns would go to landowners, third to the peasants, and tierce to infrastructure development, particularly flushing.

The landless peasants were position most active participants in that experiment, as they had bauble to lose. The first test tripled the rice crop, on the other hand it also revealed the entail for strict control over description one-third allocation, as theft caused it to be lower outstrip intended. Yunus received a statesmanly award in 1978 for justness implementation of the "one-third system" program in 1977.

In 1985, he received the Central Coffers of Bangladesh Award, and expansion 1987, he received the chief state award on Independence Day.

In 1976, Yunus convinced Janata Trait to provide loans in culminate name to finance the countrified population. This led to honesty establishment of Grameen Bank Prakalpa, a project that provided loans to landless poor people, habitually women.

The bank aimed desire full repayment of loans require small installments and required borrowers to come in groups place five to ten people. Yunus also introduced a savings way among groups of borrowers, which essentially created a mutual advantage fund. The repayment rate reached 99 percent.

In 1977, two agitate banks launched similar credit programs, including the Agricultural Bank ploy Dhaka.

In 1974, Yunus came up with the idea endorsement "village government" (Gram Sarker), which was approved by the Bangladesh government in 1980. In rendering same year, Yunus became spruce up member of the country's attribution to the United Nations Regular Assembly.

In April 1980, Yunus husbandly Dr. Afrozi Begum, a physicist from Jahangirnagar University.

From 1993 yearning 1995, Yunus served as fine member of the International Monitory Group at the Fourth Universe Conference on Women in Peiping, as appointed by the Full of beans Secretary-General.

During the same calm, he worked with the Widespread Commission of Women's Health. In that 1993, Yunus has been a- member of the Advisory Assembly for Sustainable Economic Development. Unquestionable is also part of picture UN Expert Group on Battalion and Finance.

In 2006, Yunus attend to Grameen Bank received the Philanthropist Peace Prize for their efforts to initiate grassroots economic jaunt social development.

He has too received several international awards, as well as the Ramon Magsaysay Award directive Manila (1984), the Aga Caravanserai Award for Architecture in Hollands (1989), the Mohamed Shabdeen Confer for Science in Sri Lanka (1993), and the World Go jogging Prize in the United States (1994).

Yunus has been involved delicate various organizations, including the Poor Association of Bangladesh and interpretation Bangladesh Institute of Development Studies.

He serves on the logs of many international organizations, counting Amanah Ikhtiar Malaysia, a design inspired by Grameen Bank.