By-

Vijay Pratap Singh

Introduction
Born in 28th June, 1940

Chittagong, Bangladesh
Father was Mr. Haji

Muhammad Dula Mia Shawdagar, a jeweller, Mother was Sofia Khatun

1944 family moved to the city of Chittagaong

Career Journey
Traveled in many countries, India & Pak In 1952, Canada in

1955

16th position in matriculation Examination among 39000

students

Graduation from Dhaka University in B.A. Economics, 1960 M.A. in 1961 After graduation, He joined Bereau of Economics as a

research assistant

Continues
Letter he was appointed as a lecturer in Economics in

Chittgong in 1961
He obtained his PhD in Economics from Vanderbilt

University, U.S.A. through graduate programe in Economic Development in 1971

During 1969-72, he was an assistant professor of Economics

in Middle Tennessee university, U.S.A.

Head of Economic Department,Chittagong University after

returning from U.S.A.

His Role Model

Muhammed was influenced by his mothers love for

helping the poor, and her willingness to share whatever the family had with the less fortunate. This had a lasting effect on him

Muhammads Objective
His objective was to provide credit facilities to as many

low income and unemployed people as possible

in order to improve the quality of their lives and to give them the opportunity to live with dignity.

Starting Entrepreneurship
His first loan consisting $27 from his own pocket

in1974, was 42 woman of the villege, Jobra

Recovery was BDT 0.50(US$0.02) Loan from Janata Bank to lend it to the poor in Jobra in Dec 1976 Established as a Bank in 1st oct, 1983 and name was Grameen Bank (Village Bank)

Grameen Banks Approach

Promotes Credits a human Right. It provides loans and financial services without any legally enforceable contact. It has preference for giving loans to women. Provides services at the door-step of the poor.

Continues
Loans can be received in a continuous sequence.
All loans are to be paid back in regular

installments.
Replicated in more than 100 countries around the

world.

Grameen Bank
Industry- Finance
Product- financial Services

Revenue- 176.67million $ (in 2010)

Operating Income- 120.95million $ (in 2010)

Net Income- 10.76million $ (in 2010)

Employees- 22149(July,11)

Award & Prize

1987-Independence Day Award By Bangladesh
1994-World Food Prize

1998-Indira Gandhi Prize

2004-Prize for Social and Economic Innovation by the

Economist Newspaper

2006-Nobal Piece Prize And many more

Personal Life
1967, met Vera Forostenko, student of Russion

Literature in Vanderbilt University

Married in 1970 and a daughter born in 1979, Monica

Yunus and Vera retunned New Jersey

Yunus later married with Afrozi Yunus, researcher in

Physics at Manchester University, U.K.

Deena Afroz born in 1986

Books
Three Members of Jobra; Departments of Economics,

Chittagong University, 1974

Planning in Bangladesh: Format, Technique and Priority and

other Essays, 1976

Jorimon and Others: face of Poverty, 1991
Grameen Bank, as see it, Grameen Bank; 1994

Banker to the Poor 2003

The Price of a dream: The story of the Grameen Bank and the

Idea That is written by David Bornstein on Muhammad Yunus

Quotes
My greatest challenges has been to change the mindset of people. Mindsets plays strange tricks on us. We see things the way our minds have instructed our eyes to see

For more information please visit website: www.grameen-info.org www.muhammadyunus.org