ThinkingHeads Thinking Heads
Contacto
  • Th1 Intelligence
    • Personal reputation
    • Editorial services
  • Th1 Experts
    • Book a Keynote Speaker
    • Science and Technology
    • Economy and Politics
    • Business
    • Leadership Skills
    • Health & Wellness
    • Society and Culture
    • MCs & Entertainment
  • Th1 Data
    • Company reputation
    • Global Trends
      • Economics
      • Political
      • Business
      • Energy
      • Sustainability
      • Society
  • About us
    • Team
    • Offices
    • Our history
  • Blog
  • EN
    • ES
    • LATAM
Contact

Search

ThinkingHeads Thinking Heads
  • Th1 Intelligence
    • Personal reputation
    • Editorial services
  • Th1 Experts
    • Book a Keynote Speaker
    • Science and Technology
    • Economy and Politics
    • Business
    • Leadership Skills
    • Health & Wellness
    • Society and Culture
    • MCs & Entertainment
  • Th1 Data
    • Company reputation
    • Global Trends
      • Economics
      • Political
      • Business
      • Energy
      • Sustainability
      • Society
  • About us
    • Team
    • Offices
    • Our history
  • Blog
ES
EN

Search

muhammad-yunus-nobel-speaker-thinking-heads

Muhammad Yunus

Economist, Grameen Bank Founder, Nobel Prize Laureate

My experience working in the Grameen Bank has given me faith; an unshakable faith in the creativity of human beings. It leads me to believe that humans are not born to suffer the misery of hunger and poverty

Language:

English

Speaker links:

REQUEST A SPEAKER

Topics

Business SpeakersCompetitivenessEconomic LandscapeEconomy and politicsEducationEmerging marketsFinancial MarketsGeopoliticsHumanitiesManagement SkillsMotivationPolitical analysisSociety and CultureSustainability/ESGSustainable DevelopmentTalent and Personal Development

Specific topics

El capitalismo inteligenteEl rol de la mujerEntidades de crédito inteligentesHacia un mundo sin pobrezaInnovaciones imposibles desde la economía de mercadoLiderazgo con VisiónMicrocréditos

Muhammad Yunus is a Bangladeshi banker, economist and Nobel Prize laureate. He previously was a professor of economics where he developed the concepts of microcredit and microfinance. These loans are given to entrepreneurs too poor to qualify for traditional bank loans. Yunus is also the founder of Grameen Bank.

“The current financial crisis makes it very clear that the system that we have isn’t really working, and this is the right time for us to undo things and build them in a new way”

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 America and Grameen Foundation.

Muhammad Yunus also serves on the board of directors of the UN 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.

In simple terms, a Grameen social business a non-loss, non-dividend company dedicated entirely to achieve a social goal. In social business, the investor gets his/her investment money back over time, but never receives dividend beyond that amount. The Grameen Bank is a prime example of social business, with poor people being its shareholders.

Muhammad Yunus’s vision is the total eradication of poverty from the world. 'Grameen', he claims, 'is a message of hope, a program for putting homelessness and destitution in a museum so that one day our children will visit it and ask how we could have allowed such a terrible thing to go on for so long'.

This work is a fundamental rethink on the economic relationship between the rich and the poor, their rights and their obligations. The World Bank recently acknowledged that 'this business approach to the alleviation of poverty has allowed millions of individuals to work their way out of poverty with dignity‘. Credit is the last hope left to those faced with absolute poverty. That is why Muhammad Yunus believes that the right to credit should be recognized as a fundamental human right.

Grameen Bank has reversed conventional banking practice by removing the need for collateral and created a banking system based on mutual trust, accountability, participation and creativity. GB provides credit to the poorest of the poor in rural Bangladesh, without any collateral. At GB, credit is a cost effective weapon to fight poverty and it serves as a catalyst in the over all development of socio-economic conditions of the poor who have been kept outside the banking orbit on the ground that they are poor and hence not bankable.

“My experience working in the Grameen Bank has given me faith; an unshakable faith in the creativity of human beings. It leads me to believe that humans are not born to suffer the misery of hunger and poverty”

Professor Muhammad Yunus, Managing Director of the bank, reasoned that if financial resources can be made available to the poor people on terms and conditions that are appropriate and reasonable, "these millions of small people with their millions of small pursuits can add up to create the biggest development wonder."

As of May, 2010, it has 8.25 million borrowers, 97 percent of whom are women. With 2,564 branches, GB provides services in 81,360 villages, covering more than 97 percent of the total villages in Bangladesh.

Grameen Bank's positive impact on its poor and formerly poor borrowers has been documented in many independent studies carried out by external agencies including the World Bank, the International Food Research Policy Institute (IFPRI) and the Bangladesh Institute of Development Studies (BIDS).

Articles

  • La mitad de la población no tiene acceso a los servicios financieros

    18/07/2011
  • Yunus: “La crisis no ha afectado a los bancos de los pobres”

    13/07/2010

Books

  • El banquero de los pobres: Los microcréditos y la batalla contra la pobreza en el mundo

    2009
  • Un mundo sin pobreza

    2009

Related speakers

Peter Sheahan

Peter Sheahan

Founder of Karrikins Group, Innovative business thinker

Marc Randolph

Marc Randolph

Cofounder of Netflix. Entreprenurial, advisor and investor.

Catalina Hoffmann Muñoz Seca

Catalina Hoffmann Muñoz Seca

CEO and Founder of Grupo Catalina Hoffman.

Ann Greenberg

Ann Greenberg

Co-Founder of Gracenote. Thought leader and entrepreneur

Jimmy Wales

Jimmy Wales

Founder of Wikipedia

Magnus Lindkvist

Magnus Lindkvist

Trend Spotter

Xavier Vilalta

Xavier Vilalta

"Architect and urbanist specializing in sustainability and innovation. First Spanish TED Fellow"

José Cantera

José Cantera

Consultant expert in business strategy and Digital Transformation

CONTRATAR CONFERENCIANTE








    Your data will be processed by THINKING HEADS GROUP, S.L. to manage your contact with us. Our registered office is located in Madrid, C/ Velázquez, 24 - 7th floor, C.P.:28001 and our is NIF B-83220475

    Adding your email address, means you have read and accepted the policy of How THINKING HEADS GROUP, S.L. treads your data and you consent the processing of your data.

    Post navigation

    Amartya Sen
    Juan Carlos Alcaide
    Portada » Conferenciantes » Muhammad Yunus

    Thinking Heads

    • Speakers

    Madrid

    +(34) 91 310 77 40
    Whatsapp +(34) 680 63 90 09

    Miami

    +1 (305) 424 13 20

    Seoul

    +82 (10) 8942 6800
    • Legal notice
    • How we treat your data
    • Cookies policy
  • Newsletter

    Subscribe to our newsletter
    • ES
    • EN
    • LATAM

    © 2023 Thinking Heads