Professor Dr. Muhammad Yunus Muhammad Yunus is a banker to the poor and economist who was born on 28 June 1940 in Bangladesh. He was a professor of economics and is famous for his work in microcredit. Professor Muhammad Yunus established the Grameen Bank in Bangladesh in 1983 to help the poor by giving out small loans. He turned the idea into Grameen Bank‚ which has made small loans to more than 7.5 million people now. His first loan was $27 given from his own pocket. This $27 was loaned to
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Muhammad Yunus: Lifting People Worldwide out of Poverty: Knowledge@Wharton (http://knowledge.wharton.upenn.edu/article.cfm?articleid=2243) Muhammad Yunus: Lifting People Worldwide out of Poverty Published : May 27‚ 2009 in Knowledge@Wharton What began with a loan of $27 to 42 women in a small village 33 years ago has grown into a global microcredit movement that has changed the lives of millions of poor people around the world. Muhammad Yunus‚ founder and managing director of Bangladesh’s
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Micro Finance Essay based on a book: Banker to the poor: Micro-lending and the battle against world poverty‚ by Yunus Muhammad. "What challenges did Yunus overcome to develop microfinance?" The data on the starvation and poverty issues pushed the economist Muhammad Yunus to invent another type of finance‚ called microfinance (micro credit) based on the experiments‚ studies and reports of the farmers‚ he went to local villages to "learn from the poor" and find out
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Grameen Bank‚ How Muhammad Yunus Inspires The World to Solve Poverty Written by Gatot Haryadi Introduction Poverty is number one of the world problem. United Nation set “End Poverty and Hunger” as number one in Millennium Development Goal that should achieve in 2015. Grameen Bank is Bank that operates in Bangladesh since 1976 focusing giving loan to the poor. When other bank reluctant to give loan to the poor‚ Grameen Bank did it very well. Until now Grameen Bank has 8.35 million borrower‚
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Introduction Professor Muhammad Yunus took the world by storm when he talked about a new capitalist development theory in his book- ‘Building Social Business: The New Kind of Capitalism That Serves Humanity ’s Most Pressing Needs’. It originally picked massive traction because of Prof Yunus’ massively impressive reputation as the Godfather of Microfinance. In this book he outlines a model of business that builds from his experience creating the Grameen Foundation and a series of related ventures
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php?ref=MjBfMDlfMTZfMTJfMV85Ml8xNDM1ODg= VOL 20 NO 157 REGD NO DA 1589 | Dhaka‚ Sunday‚ September 16 2012 Grameen Bank: Interest of borrowers be safeguarded‚ Yunus’ prestige protected Dr Yunus seems to have given more emphasis on social business than microcredit. The deposit of the poor was diverted to social business and his Yunus Centre is working through out the world to promote social business. The noble laureate did not possibly divert GB fund to other institutions with ulterior motive
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SWOT Analysis Strengths: 1. Creator of service himself has a personal experience and feel of being with the customers. Muhammad Yunus himself being a resident of the Jobra village knew exactly the problem that the community was facing and hence he could very well cater to the needs of the destitute by providing them tailor-made lending services which can maintain a balance between their earnings and repayment rates. 2. The biggest strength of Grameen Bank lies in bringing financial services
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SWOT Analysis of Grameenphone Ltd. Abstract: Grameenphone widely known as GP‚ is the leading telecommunications service provider inBangladesh. With more than 32 million subscribers (as of June 2011)‚ Grameenphone is the largestcellular operator in the country. It is a joint venture enterprise between Telenor and Grameen TelecomCorporation‚ a non-profit sister concern of the internationally acclaimed microfinance organization andcommunity development bank Grameen Bank. Grameenphone was the first
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s0213378 ASSESSMENT DUE DATE: THURSDAY (10 MAY 12) 12:00 PM AEST Executive Summery This report highlighted the microcredit pioneer Muhammad Yunus‚ who has transformed the third world with his visionary leadership. Contents Executive Summery 2 1.0 Introduction 4 2.0 Success of Grameen Bank 4 3.0 Analysis of leadership qualities of Mohammad Yunus 5 3.1 Situational leadership 5 3.2 Transformational leadership 6 4.0 Managing Organizations 7 5.0 Influencing governance 7
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C.: IFPRI‚ Research Report No. 65. 2. Morduch‚ Jonathan and Barbara Haley (2001): “Analysis of the Effects of Microfinance on Poverty Reduction.” NYU working paper. http://www.nyu.edu/wagner/public_html/cgi-bin/workingPapers/wp1014.pdf 4. Yunus‚ Muhammad. Creating a World Without Poverty. 1st. New York: Public Affairs‚ 2007. 5. Brue‚ Stanley L. The Evolution of Economic Thought. 6th. New York: Harcourt College Publisher‚ 2000. 6. McConnell‚ Campbell‚ Stanley Brue‚ and Tom Barbiero. Microeconomics
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