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Yunus Video Released
A new video has been released of Muhammad Yunus, the Bangladeshi banker and economist.
He was previously a professor of economics and is now famous for his successful application of microcredit – the extension of small loans. These loans are given to entrepreneurs too poor to qualify for traditional bank loans.
Yunus is also the founder of Grameen Bank. In 2006, Yunus and the bank were jointly awarded the Nobel Peace Prize, “for their efforts to create economic and social development from below.”
Yunus himself has received several other national and international honors. He is the author of Banker to the Poor and a founding board member of Grameen Foundation.
He is one of the founding members of Global Elders. Yunus also serves on the board of directors of the United Nations Foundation, a public charity created in 1998 with entrepreneur and philanthropist Ted Turner’s historic $1 billion gift to support United Nations causes.
The UN Foundation builds and implements public-private partnerships to address the world’s most pressing problems, and broadens support for the UN.
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