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Muhammad Yunus

Economist and Grameen Bank founder

Bangladeshi economist who founded Grameen Bank and pioneered microcredit, giving small loans to people too poor for ordinary bank loans.

1 summary 13 min of listening

Bangladeshi Born 1940 in Shikarpur Union, Bangladesh

Muhammad Yunus

About Muhammad Yunus

Muhammad Yunus is a Bangladeshi economist, born in 1940 in Hathazari, Chittagong. He earned a PhD in economics at Vanderbilt University in the United States and taught economics at Chittagong University. After the famine of 1974 he began working on poverty in Bangladesh, and he started experimenting with microfinance in the late 1970s. He founded Grameen Bank, established in 1983, and shared the 2006 Nobel Peace Prize with the bank. He later led Bangladesh's interim government as chief adviser, from 2024 to 2026. His book in our catalog is Building Social Business.

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