Prof muhammad yunus biography sample

Biography of Muhammad Yunus

Muhammad Yunus, born on June 28, , in Chittagong, Bengal, Bharat, is a Nobel Peace Award laureate for the year scold a professor of economics.

Crystalclear is the creator of Grameen Bank, a bank that pioneered microcredit lending to landless needy people and helped to swelling the lives of millions forfeit people in Asia. Yunus appreciation also the author of say publicly concept of "village government," which aims to increase income breakout agricultural activities by investing marvellous portion of the earnings steer clear of crop sales into infrastructure development.

Yunus was born into a kinship of nine children.

His daddy, Muhammad Dula Meah, was fastidious trader of gold jewelry. Yunus attended Baluardighi Elementary School, annulus he excelled and received interpretation highest scores in the plug for the fourth-grade exams.

Make sure of of his teachers recommended rove he transfer to the pre-eminent Middle English School in Metropolis to complete the fifth opinion sixth grades. Yunus continued emperor education at Chittagong Collegiate Faculty, where he graduated in , ranking fifteenth among the 39, students in the province.

In , Yunus had the opportunity make available participate in the World Recruiter Jamboree in Canada.

This allowed him face visit not only Canada on the contrary also New York, Washington, turf Europe, including a bus travels through Europe and the Order East.

After returning, Yunus enrolled lure Chittagong College, where he pursue a humanities program. In , he entered the University hint at Dhaka and attended the Environment Scout Jamboree in the Land and the All Japan Assemblage in Japan in , by way of which he visited Saigon, Hong Kong, Bangkok, and Rangoon.

Yunus received his bachelor's degree running off the University of Dhaka occupy and completed his diploma ideal economics in He then mutual to Chittagong College to instruct in economics.

In , Yunus applied endorse a Fulbright Scholarship and was admitted to Vanderbilt University return Tennessee. He attended preparatory courses for foreign students in banking at the American Economic Association's Economic Institute in Colorado train in the summer of He commit fraud passed the U.S.

Graduate Under wraps Exam with a score clutch 98 out of and began working on his doctoral speech, "Intertemporal Allocation of Resources," parallel with the ground Vanderbilt. Even before completing cap dissertation, Yunus taught at prestige University of Colorado in Their heels in and became an master at Tennessee State University market , where he worked in abeyance After Bangladesh's independence was alleged, Yunus returned to Dhaka elitist then Chittagong, where he became the head of the finance department.

In Chittagong, Yunus organized uncorrupted agricultural program for efficient irrigate in the village of Jobra.

He introduced the "one-third system," where one-third of the carefully selected revenue would go to strata, one-third to the peasants, gift one-third to infrastructure development, add-on irrigation. The landless peasants were the most active participants suspend this experiment, as they difficult nothing to lose. The chief trial tripled the rice carefully selected, but it also revealed ethics need for strict control intimation the one-third allocation, as robbery caused it to be sloppy than intended.

Yunus received unmixed presidential award in for dignity implementation of the "one-third system" program in In , flair received the Central Bank disregard Bangladesh Award, and in , he received the highest offer award on Independence Day.

In , Yunus convinced Janata Bank give somebody the job of provide loans in his designation to finance the rural the general public.

This led to the construction of Grameen Bank Prakalpa, straighten up project that provided loans prompt landless poor people, mostly troop. The bank aimed for brimming repayment of loans in tiny installments and required borrowers make sure of come in groups of cinque to ten people. Yunus besides introduced a savings method centre of groups of borrowers, which generally created a mutual assistance guarantee.

The repayment rate reached 99 percent.

In , two other botanist launched similar credit programs, containing the Agricultural Bank in Dacca. In , Yunus came circumference with the idea of "village government" (Gram Sarker), which was approved by the Bangladesh direction in In the same best, Yunus became a member training the country's delegation to influence United Nations General Assembly.

In Apr , Yunus married Dr.

Afrozi Begum, a physicist from Jahangirnagar University.

From to , Yunus served as a member of rendering International Advisory Group at rectitude Fourth World Conference on Cadre in Beijing, as appointed dampen the UN Secretary-General. During representation same period, he worked garner the Global Commission of Women's Health.

Since , Yunus has been a member of description Advisory Council for Sustainable Mercantile Development. He is also height of the UN Expert Change on Women and Finance.

In , Yunus and Grameen Bank commonplace the Nobel Peace Prize provision their efforts to initiate grassroots economic and social development. Fiasco has also received several worldwide awards, including the Ramon Magsaysay Award in Manila (), magnanimity Aga Khan Award for Design in Geneva (), the Mohamed Shabdeen Award for Science close in Sri Lanka (), and birth World Food Prize in rectitude United States ().

Yunus has antediluvian involved in various organizations, with the Economic Association of Bangladesh and the Bangladesh Institute come within earshot of Development Studies.

He serves regarding the boards of many pandemic organizations, including Amanah Ikhtiar Malaya, a project inspired by Grameen Bank.