Most of his life, Yunus spent in fight with poverty helping people in villages, he once lived in. He graduated from Dhaka University and received his BA in 1960 and MA in 1961. Later he obtained his PhD. Degree from Vanderbuilt University. Through his career, Yunus lectured at Middle Tennessee State University and then at Chittagong University in Bangladesh. Lecturing economics, Yunus was always interested in applying business concepts to help local communities. In 1976 Yunus was able to secure a loan from the government Jonata Bank. The money would be redistributed and landed to the poor in Jabra. By 1982 the bank expanded offering services to around 30,000 members, and the project that was started from a personal investment of $27 began operating as a full-fledged bank under the new name – Grameen Bank, which means Village Bank. Read more about Yunus.

Ethical Corporation released this article that makes a case for why social entrepreneurship is a good thing for all of us. Large corporations are now taking in charge in order in solving some of the social challenges. The article talks about  Muhammad Yunus, and how he inspired corporations to follow his footsteps. Corporations like Danone start to build plants in poorly developed parts of the world in order to build region’s infrastructure. The article examines a dozen of comapnies and their approach to helping global community. Excellent Article.

Title:  Creating a Poverty-Free World: Strategies from Muhammad Yunus of Grameen
Duration:  44 Minutes

Title:  Ending Poverty:  The Citizen Sector Transformed- What it means For You
Duration:  42 minutes