Muhammad Yunus: Difference between revisions

Revision as of 04:17, 9 December 2024

Muhammad YunusTemplate:Efn (born 28 June 1940) is a Bangladeshi economist, entrepreneur, politician, and civil society leader, who has been serving as Chief Adviser (interim head of government) of the interim government of Bangladesh since 8 August 2024.^[1] Yunus was awarded the Nobel Peace Prize in 2006 for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance.^[2] Yunus has received several other national and international honors, including the United States Presidential Medal of Freedom in 2009 and the Congressional Gold Medal in 2010.^[3]

References

[1] "Muhammad Yunus takes oath as head of Bangladesh's interim government" (in en). 2024-08-08. https://www.aljazeera.com/news/2024/8/8/muhammad-yunus-takes-oath-as-head-of-bangladeshs-interim-government.

[2] "The Nobel Peace Prize 2006" (in en-US). https://www.nobelprize.org/prizes/peace/2006/yunus/biographical/.

[3] "House and Senate Leaders Announce Gold Medal Ceremony for Professor Muhammad Yunus". March 5, 2013. http://www.speaker.gov/press-release/house-senate-leaders-announce-gold-medal-ceremony-professor-muhammad-yunus.

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-'''Muhammad Yunus''' (born June 28, 1940) is a renowned '''Bangladeshi''' social [[entrepreneur]], economist, and recipient of the Nobel Peace Prize. He is globally recognized for his pioneering work in the field of microfinance and his relentless efforts to alleviate poverty through innovative financial solutions.
+'''Muhammad Yunus'''{{efn|{{langx|bn|মুহাম্মদ ইউনূস}}, {{transl|bn|ISO|Muhāmmôd Iunūs}}, {{IPA|bn|ˈmuɦɐmːod ˈjunus|pron}}}} (born 28 June 1940) is a [[Bangladeshis|Bangladeshi]] economist, entrepreneur, politician, and civil society leader, who has been serving as [[Chief Adviser (Bangladesh)|Chief Adviser]] (interim [[head of government]]) of the [[Interim Government of Bangladesh|interim government of]] [[Bangladesh]] since 8 August 2024.<ref>{{Cite web |title=Muhammad Yunus takes oath as head of Bangladesh's interim government |url=https://www.aljazeera.com/news/2024/8/8/muhammad-yunus-takes-oath-as-head-of-bangladeshs-interim-government|date=2024-08-08 |website=[[Al Jazeera]] |archive-url=https://web.archive.org/web/20240923210026/https://www.aljazeera.com/news/2024/8/8/muhammad-yunus-takes-oath-as-head-of-bangladeshs-interim-government |archive-date=23 September 2024 |language=en}}</ref> Yunus was awarded the [[Nobel Peace Prize]] in 2006 for founding the [[Grameen Bank]] and pioneering the concepts of [[microcredit]] and [[microfinance]].<ref>{{Cite web|title=The Nobel Peace Prize 2006|url=https://www.nobelprize.org/prizes/peace/2006/yunus/biographical/|access-date=9 June 2020|website=NobelPrize.org|language=en-US|archive-date=26 July 2022|archive-url=https://web.archive.org/web/20220726173150/https://www.nobelprize.org/prizes/peace/2006/yunus/biographical/|url-status=live}}</ref> Yunus has received several other national and international honors, including the United States [[Presidential Medal of Freedom]] in 2009 and the [[Congressional Gold Medal]] in 2010.<ref>{{Cite web |date=March 5, 2013 |title=House and Senate Leaders Announce Gold Medal Ceremony for Professor Muhammad Yunus |url=http://www.speaker.gov/press-release/house-senate-leaders-announce-gold-medal-ceremony-professor-muhammad-yunus |url-status=dead |archive-url=https://web.archive.org/web/20180829110121/https://www.speaker.gov/press-release/house-senate-leaders-announce-gold-medal-ceremony-professor-muhammad-yunus |archive-date=29 August 2018 |website=Press Release, US Congress}}</ref>
+== References ==
-== Early Life and Education ==
+{{Reflist}}
-'''Muhammad Yunus''' was born in Chittagong, Bangladesh. He pursued his academic career with dedication, earning a Bachelor's degree in Economics from Dhaka University in 1960. He later completed his Ph.D. in Economics from Vanderbilt University in the United States.
-== Career ==
-=== Grameen Bank and Microcredit ===
-Muhammad Yunus's most notable achievement is the establishment of the Grameen Bank in 1983. The Grameen Bank, which means "Village Bank" in Bengali, was founded with the vision of providing microloans to impoverished individuals, particularly women, to help them start small businesses and escape the cycle of poverty. This concept of microcredit, which Yunus pioneered, has since been adopted worldwide as a powerful tool for economic empowerment.
-Under his leadership, the Grameen Bank grew exponentially, reaching millions of borrowers in Bangladesh and inspiring similar initiatives across the globe. Yunus's model of lending money to the poor without requiring collateral challenged traditional banking norms and demonstrated that the poor are creditworthy.
-=== Social Business ===
-Muhammad Yunus is also known for championing the concept of social business. He believes that businesses can be designed not just for profit but also for the betterment of society. Yunus has initiated several social businesses that address pressing issues, such as healthcare, nutrition, and renewable energy, while ensuring sustainability and financial viability.
-=== Advocacy and Global Impact ===
-Yunus's work has had a profound global impact on poverty alleviation and economic development. His efforts have inspired numerous microcredit institutions and social entrepreneurs worldwide. In 2006, he and the Grameen Bank were jointly awarded the Nobel Peace Prize for their "efforts to create economic and social development from below."
-Yunus has served as a consultant to various international organizations and has been an advocate for social and economic justice. He has received numerous awards and honors, including the U.S. Presidential Medal of Freedom and the Congressional Gold Medal.