Poor to Rich? Muhammad Yunus

Muhammad Yunus

Chronological Order

Muhammad Yunus was born on June 28, 1940 in Chittagong, Bangladesh. In 1958-1962 Yunus attended Chittagong Collegiate, Chittagong College, and Dhaka College in 1958-61. In 1962, Yunus moved to America to attend Vanderbilt University. He started to teach at Middle Tennessee State in 1969-1972, when the Pakistani War ended. During 1974, Yunus went to a local village called Jobra, where a poor woman sold bamboo products, but couldn't afford to buy her own bamboo. The woman gave him the idea of Grameen "Village" Bank. After a few years of experimenting, Yunus finally succeeded in 1983.

Grameen Bank Logo

Description:

Muhammad Yunus was born in Chittagong, Bangladesh in June 28, 1940. Muhammad Yunus was always an active child, which led to a trip to Canada. Yunus attended Chittagong Collegiate, Chittagong College, and Dhaka University in Bangladesh from 1958-60. In 1961 he flew across the globe to attend Vanderbilt University. When he traveled to a local village called Jobra, he came across a poor woman that couldn't pay for her own bamboo. The woman gave him the idea to build a bank that gave out small loans to the poor. The idea finally succeeded in 1983.

Grameen Bank exterior

Problem & Solution:

Muhammad Yunus noticed that there was a big problem. People in Bangladesh are poor. Too many people are poor. Bangladesh is one of the poorest countries in the world. Luckily, Yunus had a idea. To make a bank that would offer small enough loans to get a shelter or start a small business.

A group of Grameen Bank workers

Sources:

Published Reason & Publisher

My name is Eshita Amin and I'm 11 years old. This website is published to inform you about Muhammad Yunus and his contributions to Bangladesh and the rest of the world.

Comment Stream

2 years ago
0

Very nice info.

2 years ago
0

did your person become rich?

2 years ago
0

What year did he open the bank?

2 years ago
0

I like the picture you created! It is really creative and funny!