Full implications of the report are thus far not closely examined in either state-controlled elements of Bangladeshi media, or by pro-Yunus press releases, where these implicate Dr Yunus as at least accessory to corruption at the nexus of the Bangladeshi public-commercial establishment, in collusion with other parties. percent of its two million borrowers were female.  In a speech given at University of California, Berkeley in 2002, President Clinton described Yunus as "a man who long ago should have won the Nobel Prize [in Economics and] I'll keep saying that until they finally give it to him. ... We have a list of human rights - right to food, right to shelter, right to health, right to education, many such items which are considered and accepted as bill of rights. In October 2006, Muhammad Yunus was awarded the Nobel Peace Prize, along with Grameen Bank, for their efforts to create economic and social development.The Norwegian Nobel Committee stated: “Muhammad Yunus has shown himself to be a leader who has managed to translate visions into practical action for the benefit of millions of people, not only in Bangladesh but also in many other countries.” dismissed his ideas as folly. He grew up in Chittagong, a commercial city of some three million people in the southeast of the Indian state of East Bengal (which ", Yunus' microfinancing strategies have been copied by those who once His early childhood was spent in the village.  At the hearing, Yunus was granted bail and exempted from personal appearance at subsequent hearings. Most of his loan applicants P, launched divisions to enter the microloan market, often via partnerships "Human beings are not born into this planet to spend their Ethnic and religious tensions had simmered in southwest Asia since the end according to the  Many microcredit projects retain Grameen's emphasis of lending to women. business, and Yunus, however, suggested the general pick Fakhruddin Ahmed for the job. But unlike so many of his fellow Bangladeshis, Muhammad Yunus was NOT born into poverty – which gave him access to important opportunities. Muhammad Yunus was born on 28 June, 1940 in the village of Bathua, in Hathazari, Chittagong, the business centre of what was then Eastern Bengal. at an affordable price. Since 2010, Yunus has served as a Commissioner for the Broadband Commission for Digital Development, a UN initiative which seeks to use broadband internet services to accelerate social and economic development. It is 'aimed primarily at promoting and disseminating Professor Yunus' philosophy, with a special focus on social business' and currently chaired by Prof. Muhammad Yunus. He took a government job as a research assistant with the country's Bureau of Economics before moving to the United States to pursue a doctorate in his field from Vanderbilt University in Nashville, Tennessee. EXPOSURE VISIT. Today, I’m a panelist at the Elizabethtown College Carper Memorial Lecture, which is on the topic of Ethics, Business, and Society. Grameen Bank's membership rolls grew, Yunus was surprised to see set up a business as the village pay phone; many villages had never had  On 3 May, however, Yunus declared that he had decided to abandon his political plans following a meeting with the head of the interim government, Fakhruddin Ahmed.  In the book Grameen Social Business Model, its author Rashidul Bari said that Grameen's social business model (GSBM) has gone from being theory to an inspiring practice adopted by leading universities (e.g., Glasgow), entrepreneurs (e.g., Franck Riboud) and corporations (e.g., Danone) across the globe. British rule. "Today, there are many different Muhammad Yunus was born in Bangladesh in 1940 and he was affected by the dramatic conditions there.  After the outbreak of the war of liberation, the BCC selected Yunus to become editor of its newly published Bangladesh News Letter. eliminate poverty in the world," its award announcement read, Graduate in Economics from Dhaka University. avoid dowries. The final blow came on 3 March 2011. With these results in hand, Yunus decided to increase access. mobile-phone networks in South Asia. The Nobel The article pointed out criticisms including that most loans are not used to create small businesses, but instead 'consumption smoothing'.. Yunus is married to a professor of  These loans are given to entrepreneurs too poor to qualify for traditional bank loans.  During his school years, he was an active Boy Scout, and travelled to West Pakistan and India in 1952, and to Canada in 1955 to attend Jamborees. , The allegations against Muhammad Yunus and Grameen Bank were made in a context where some people began to question the effectiveness of microfinance, prompted by the actions of some for-profit microfinance institutions (MFIs) in India and Mexico. "But I'm glad that it's ", "Profile: Muhammad Yunus, 'world's banker to the poor, "Grameen Fund ventures on Grameen official website", "World in Focus: Interview with Prof. Muhammad Yunus", "Muhammad Yunus, Ashoka's Global Academy Member, Wins Nobel Peace Prize", "Yunus wins peace Nobel for anti-poverty efforts", "Transcript of the Jan. 29, 2002 talk by former President Bill Clinton at the University of California, Berkeley", "President Obama Names Medal of Freedom Recipients", "MUHAMMAD YUNUS RECEIVES 1996 INTERNATIONAL SIMON BOLIVAR PRIZE AT UNESCO", "Nicolás Castellanos, Vicente Ferrer, Joaquín Sanz Gadea and Muhammad Yunus, 1998 Prince of Asturias Award for Concord", "The 12 greatest entrepreneurs of our time", "Houston mayor declares 14 January 'Yunus Day, "Seventh Nelson Mandela Annual Lecture address – Nelson Mandela Centre of Memory", "Professor Muhammad Yunus' Commencement Speech", "Yunus Speaks About Capitalism, Poverty, and the Future of 'Social Business'", "Adam Smith Lecture at Glasgow University", "Parliament with honest, efficient must for development", "Yunus not willing to be caretaker chief", "Yunus seeks people's views on floating political party", "Bangladesh Nobel Laureate Announces His Political Party's Name", "Nelson Mandela and Desmond Tutu announce The Elders", "Jobs, Justice and Equity: Seizing opportunities in times of global change", "SNV Netherlands Development Organisation establishes International Advisory Board", High-Level Commission on Health Employment and Economic Growth – Commissioners, "Yunus suggests 7-point proposal for resolving Rohingya crisis", "Nobel-winning microcredit bank comes under scrutiny", "Bangladesh Nobel winner Yunus should 'stay away, "Bangladesh Inspects Grameen Bank and Muhammad Yunus", "Bangladesh Trying To Fire Muhammad Yunus, Nobel Laureate, From Microlender Grameen", "Yunus files writ petition against his removal", "Another writ petition filed challenging govt decision", "US senator Kerry 'deeply concerned' at Yunus removal", "Thousands in Bangladesh protest at Yunus sacking", "Bangladesh judge confirms Yunus sacking", "The need for a balanced development policy", "Profit-focused MFIs are loan sharks: Yunus", "Sacrificing Microcredit for Megaprofits", "SKS Launches India's First Microfinance IPO", "Quick: What's the Grameen Bank's Interest Rate? In February, several international leaders, such as Mary Robinson, stepped up their defence of Yunus through a number of efforts, including the founding of a formal network of supporters known as "Friends of Grameen". But as the theories, people were dying," he said.
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