Social Entrepreneurship Success: Learning from Muhammad Yunus

  • 8 months ago
Muhammad Yunus, a respected banker from Bangladesh, won the Nobel Peace Prize in 2006. He's known for creating microfinance and microcredit, which give small loans to poor people in villages. These loans help them invest and escape poverty.

Yunus worked for the Bangladesh Grameen Bank until March 2011, but the government removed him from his position. He now travels a lot and is involved with organizations like the United Nations Foundation and Yunus Social Business.

Yunus was born on 28 June 1940 in Hathazarai, Chittagong, to a Muslim family. Back then, it was part of British-controlled India. But in 1947, India gained independence, and Hathazarai became a part of East Pakistan, which later became Bangladesh.

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