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Paradigm Shift...

A Business Approach to Human Problems

Nobel Laureate Professor Muhammad Yunus is the father of both social business and microcredit, the founder of Grameen Bank more than 50 other companies in Bangladesh. For his constant innovation and enterprise, the Fortune Magazine named Professor Yunus “one of the greatest entrepreneurs of our time” in March 2012.

Professor Yunus has always used business approaches to solve human problems and in 2012, Fortune Magazine named him as one of the 12 greatest entrepreneurs of this era.

Today, Professor Yunus propagates his philosophy of social business and works with all stakeholders to build a new kind of capitalism.

Click the link below to view Prof Yunus’ CV :

Grameen Bank

In 1978 Professor Muhammad Yunus created the Grameen Bank and pioneered the concept of micro-finance, to offer financial services to the poorest women in Bangladesh. Grameen Bank created a generation of entrepreneurs who lifted themselves out of poverty. Professor Yunus received the Nobel Peace Prize for his work in 2006.

Grameen Bank has over 9 million clients in Bangladesh, 97% of which are women and 99.7% of loans are repaid without the bank taking any collateral. Professor Yunus’ work has been replicated in nearly every country in the world. Micro-finance today serves more than 200 million underprivileged people, and it is estimated that direct replications of Grameen Bank have lifted more than 50 million people out of poverty.

Clients in Bangladesh
People lifted from poverty
Clients 97%
Repaid without collateral 99.7%