
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

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.


Search
Subscribe / Connect to Asia Pathways
Subjects
- Accelerating Progress in Gender Equality
- Addressing Remaining Poverty and Reducing Inequality
- Agriculture and natural resources
- Capacity development
- Climate change
- Economics
- Education
- Energy
- Environment
- Finance and Innovation
- Finance sector development
- Gender
- Globalization and Economic Stability
- Governance and public sector management
- Health
- Human Capital Development for Inclusive Growth and Shared Prosperity
- Industry and trade
- Information and Communications Technology
- Infrastructure
- Making Cities More Livable
- Miscellaneous
- Population
- Poverty
- Private sector development
- Regional cooperation and integration
- Sanitation
- Social development and protection
- Strengthening Governance and Institutional Capacity
- Subjects
- Transport
- Uncategorized
- Urban development
- Video Blog
- Water
Recent Posts
- The Promise and Perils of Mother Tongue-Based Education
- From Crisis to Resilience: The Evolution of the Banking Sector in Asia and the Pacific
- Tariffs on the Table: What Could Be Asia’s Next Move?
- Investing in Childcare a Win for Women and the Economy
- Flush and Flourish: Upgraded Toilets Can Transform Lives in Rural Asia
Recent Comments