Muhammad Yunus

Photo: Press Information Department / Wikimedia Commons (Public domain)

Muhammad Yunus

28-Jun-1940


Bangladesh


Economist

Muhammad Yunus (Bengali: মুহাম্মদ ইউনূস; born 28 June 1940) is a Bangladeshi economist and statesman. Yunus pioneered the modern concept of microcredit and microfinance, for which he was awarded the Nobel Peace Prize in 2006. He is the founder of Grameen Bank and the first Bangladeshi to win the Nobel Peace Prize. Following the July Uprising, he was appointed as the 5th chief adviser of Bangladesh, the head of the interim government, serving from 2024 to 2026. Born in Hathazari, Chittagong, Yunus passed his matriculation and intermediate examinations from Chittagong Collegiate School and Chittagong College, respectively. He completed his BA from University of Dhaka and joined as a lecturer in Chittagong College. He obtained his PhD in economics from Vanderbilt University in the United States. After the famine of 1974, Yunus started to work on poverty alleviation in Bangladesh. He began e… Source: https://en.wikipedia.org/wiki/Muhammad_Yunus

QUOTES BY Muhammad Yunus


One day our grandchildren will go to museums to see what poverty was like.

I believe that "government", as we know it today, should pull out of most things except for law enforcement and justice, national defense and foreign policy, and let the private sector, a "Grameenized private sector", a social-consciousness-driven private sector, take over their other functions.

Poor people always pay back their loans. It's us, the creators of institutions and rules, who keep creating trouble for them.

The poor themselves can create a poverty-free world — all we have to do is to free them from the chains that we have put around them.

Poverty has been created by the economic and social system that we have designed for the world. It is the institutions that we have built, and feel so proud of, which created poverty.

I will not spend the money for myself. I will rather spend it in special business on a no-profit-no-loss policy. We will also establish an eye hospital where even beggars will be given treatment at the cost of Taka 10-20.

We will make yogurt with all kinds of nutritious elements. We want to provide nutrition to the poor and children.

All human beings have an innate skill — survival skill. The fact that poor are still alive is a proof of their ability to survive. We do not need to teach them how to survive. They know this already.

Always remember, job is a wrong idea. Don't ever look for a job, always tell yourself that I'm a job creator. I'm not a job seeker, I'm a job creator. So be a job creator.

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