Muhammad Yunus

Muhammad Yunus ( Bengali: মুহাম্মদ ইউনুস, Muhammad Iunus; born June 28, 1940 in Chittagong ) is a Bangladeshi economist. He is the founder and former CEO of microloans awarded Grameen Bank and therefore one of the founders of the microfinance idea. In 2006 he was awarded the Nobel Peace Prize.

Life

Muhammad Yunus, the third of nine children of a Muslim family, was born on June 28, 1940 in the village in the district of Chittagong bathua in the former Bengal in India, now Bangladesh. His parents were Hazi Dula Mia Shoudagar the jeweler and Sufia Khatun. He spent his early childhood in his native village until 1944 the family moved to the city of Chittagong. There he visited the Lama Bazar Primary School. Later, he passed the matriculation examination at the Chittagong Collegiate School and was there among the best sixteen of 39,000 students in the then East Pakistan. During his school years, Yunus was an active Boy Scout. He traveled in 1952 to West Pakistan and India and to Canada in 1955 to attend Jamborees. Yunus studied from 1966 using a Fulbright scholarship at Vanderbilt University (USA). In 1969 he received his PhD in economics. From 1970 to 1972 he was Assistant Professor of Economics at Middle Tennessee State University in Tennessee, USA. In 1972 he was given a professorship at the Chittagong University in Bangladesh. From 1976 he was a project manager of a development project of the University, from which the Grameen Bank emerged. At the bank finally founded in 1983, he was Managing Director. Since 1996, he advised the government of Bangladesh. As Managing Director of Grameen Bank, Yunus was released in March 2011 on grounds of age; he was unsuccessful legal case against his dismissal. He alleged that in this context, the Government of Bangladesh to want to bring the Grameen Bank under its control. The bank would be to an organization of the government and his life's work would be jeopardized by mismanagement, inefficiency and profiteering.

In March 2010, Yunus was in the documentary The 4th Revolution - to see EnergyAutonomy. He is married and has two daughters.

In 2011, Yunus was sitting in a jury consisting of renowned public figures who were involved in the selection of the universal logo for human rights.

In October 2012 Yunus Chancellor of Glasgow Caledonian University in Scotland was.

Awards

Yunus has since received honorary doctorates from many universities around the world. In 1987 he received the Shadhinata Padak, 1994 World Food Prize, the 1995 Freedom Prize of the Max Schmidheiny Foundation, 1996 Simón Bolívar Prize of UNESCO, 1997 Planetary Consciousness Prize and the 1998 Sydney Peace Prize and Prince of Asturias Prize, 2006 Seoul peace Prize, the 2007 Vision Award. He is also a founding member of the Global Academy of Ashoka, an international organization by and for Social Entrepreneurs and a member of the Board of Trustees of the German Entrepreneurship Foundation. For the promotion of economic and social development from below him and the bank he founded was awarded in equal parts of the Nobel Peace Prize in 2006. He is by Rabindranath Tagore and Amartya Sen, the third Bengali, which a Nobel prize was awarded. In 2008 he was for his book The Poverty defeat with the Corine Future Prize. In 2009 he received the Presidential Medal of Freedom. 2010 Yunus held a speech to the graduating class of Duke University, while the honorary doctorate "Doctor of Humane Letters " gave him.

Concept of social enterprise

After Yunus ideas must be " the structure of capitalism to be completed " by the introduction of social enterprises. The purpose of these companies is not to maximize profit but to solve social and environmental problems. "If you take off the profit - maximizing glasses and picks up the social glasses, you see the world in a different perspective ," he said. If a profit payable when he would be reinvested in the company. The shareholders deserve nothing, their capital but they can get back in time. Attractive is such an investment for people who want to do good, of which there are many admit, after conviction by Yunus.

Works

• Social Business. From vision to action. Hanser, Munich 2010 ( Original title: Building Social Business, translated by Werner Roller), ISBN 978-3-446-42351-0.
• To overcome poverty. Hanser, Munich 2008 ( Original title: Creating a world without poverty, translated by Stephan Gebauer ), ISBN 978-3-446-41236-1.
• For a world without poverty. The autobiography of the Nobel Peace Prize. Luebbe, Bergisch Gladbach 2006 ( Original title: Vers un monde sans pauvreté, translated by Helmut Mennicken ), ISBN 978-3-404-28513-6.