![Muhammad Yunus](https://www.asiapathways-adbi.org/wp-content/uploads/userphoto/42.thumbnail.jpg)
About Muhammad Yunus
Muhammad Yunus is Chairman of the Yunus Centre and founder of Grameen Bank in Bangladesh. Muhammad Yunus and Grameen Bank shared the Nobel Peace Prize in 2006.Toward a new capitalism
![Toward a new capitalism Toward A New Capitalism](https://www.asiapathways-adbi.org/wp-content/uploads/2012/09/Toward-New-Capitalism-180x180.jpg)
Grameen Bank (Village Bank) in Bangladesh is the world’s most well-known microfinance institution. It lends $1.5 billion a year to 8.4 million people. The establishment of Grameen Bank shows that we do not always have to accept the systems we are given. Sometimes we have to think the impossible if we are really going to change the world. My first venture into such small-scale lending was not carefully thought out or based on any previous research; rather, it was an instinctive response made when I came face-to-face with gross injustice. In 1976, I was teaching economics in the port city of Chittagong in Bangladesh.
![Get the best of ADBI delivered to your inbox.](https://www.asiapathways-adbi.org/wp-content/uploads/2017/07/AP-ADBI-News.jpg)
![Asia's Developing Future](https://www.asiapathways-adbi.org/wp-content/uploads/2017/07/AP-ADBI-Podcast.jpg)
Search
Subscribe / Connect to Asia Pathways
Subjects
- Agriculture and natural resources
- Blog
- Capacity development
- Climate change
- Economics
- Education
- Energy
- Environment
- Finance sector development
- Gender
- Governance and public sector management
- Health
- Industry and trade
- Information and Communications Technology
- Infrastructure
- Miscellaneous
- Population
- Poverty
- Private sector development
- Regional cooperation and integration
- Sanitation
- Social development and protection
- Transport
- Uncategorized
- Urban development
- Video Blog
- Water
Recent Posts
- Linking Farmers to Markets Through Agricultural Cooperatives and E-Commerce in Asia
- How Can Governments Support Electricity Distribution to Achieve Net Zero in Asia?
- Promoting Corporate Climate Action Through Greenhouse Gas Accounting
- Evaluating G7 Commitments on Climate Change, Health, Well-Being, and Agriculture
- Will the G7 Apulia Summit Follow Think Tanks to Rearticulate Multilateralism?
Recent Comments