Muhammad Yunus

Professor Mohammad Yunus is the founder and chairman of the Grameen Bank, which provides microcredit to millions of poor people in Bangladesh. In 2006, he was awarded the Nobel Peace Prize. How can you leverage the power of the free market to solve the problems of poverty, hunger, and inequality? For some people, this sounds impossible. But that's what Yunus did. Yunus, the founder of Grameen Bank, pioneered microcredit, providing loans to economically disadvantaged individuals, mainly women, to lift their families out of poverty. Yunus' goal is to completely eradicate poverty in the world. Grameen, he said, is a hope, a plan to change the homeless and impoverished. Perhaps one day our children will ask us how to allow the terrible thing of poverty to happen for so long. This work is a rethinking of the economic relationship between the rights and obligations of the rich and the poor. The World Bank has recently acknowledged that this business policy aims to help millions of individuals through poverty alleviation projects, enabling the poor to lift themselves out of poverty with dignity through work. Loans are the last hope of those facing absolute poverty. That's why Yunus believes that the right to credit is a fundamental human right. Muhammad Yunus invented this difficult and unique method to fight against the despair of humanity. This is also the idea he developed by combining Chinese and Western cultures. This action also calls for us to establish the first and most important economic cycle through strong willpower and courage. He also serves on the boards of directors of many countries and international organizations. In addition to Grameen Bank, he also founded multiple companies in Bangladesh to address various issues of poverty and development.