Monday, 12 July 2010

Muhammad Yunus-A Great Child of Bangladesh

Muhammad Yunus one of the greatest child of Bangladesh. Muhammad Yunus born in 1940 in Chittagong, the business centre of Eastern Bangladesh. He was the third of 14 children. Educated in Chittagong, he was awarded a full bright scholarship and he received hi P.H.D from Vanderbilt University, in U.S.A. In 1972 he become the head of the Economics department at Chittagong University. He is the founder and Managing Director of the Grameen Bank. In 1997, Professor Yunus organized the world’s first Micro Credit Summit in Washington D.C. Professor Yunus is an economist. He planned to alleviate poverty from the world. He introduced micro-credit system among a limited number of poor people and his plan worked. Then he set up a bank, Grameen Bank. Through this bank he worked for the poor and gave financial support to make them self-employed. His programmes succeeded and thousands of poor, powerless people could escape from poverty. They trusted Yunus as a helping hand and he was trusted to be a famous name. His micro-credit brought wealth to the underprivileged of many nations. He was awarded the President, Magcess, UNESCO and Novel award. His best works are Experiences and Reflections “92, Hunger, Poverty and the World Bank ’93 and credit it a Human Right ’94.

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