Mission

Building a nation without poverty

Founded by Nobel Peace Prize recipient Muhammad Yunus, Grameen  America is dedicated to helping women who live in poverty build small businesses to create better lives for their families. We offer micro-loans, training and support to transform communities and fight poverty in the United States.





 

Chair, Board of Directors

Professor Muhammad Yunus
Grameen Bank
Grameen America
Founder

 Professor Yunus, the “father of microfinance” founded the Grameen Bank in Bangladesh on the premise that the poor are creditworthy. In 2006, Professor Yunus and the Grameen Bank were jointly awarded the Nobel Peace Prize “for their efforts to create economic and social development from below.” Professor Yunus is only one of six people in history to receive the Nobel Peace Prize, Presidential Medal of Freedom and Congressional Gold Medal. Professor Yunus published his work on microfinance and social business in his books Banker to the Poor, Creating a World Without Poverty, and Building Social Business.

Yunus birth,Yunus life , Yunus grameen bank.

Professor Muhammad Yunus and Grameen Bank

Muhammad Yunus (Bengali: মুহাম্মদ ইউনূস; born 28 June 1940) is a Bangladeshi social entrepreneur, banker, economist and civil society leader who was awarded the Nobel Peace Prize for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance. These loans are given to entrepreneurs too poor to qualify for traditional bank loans. In 2006, Yunus and the Grameen Bank were jointly awarded the Nobel Peace Prize "for their efforts through microcredit to create economic and social development from below". TheNorwegian Nobel Committee noted that "lasting peace cannot be achieved unless large population groups find ways in which to break out of poverty" and that "across cultures and civilizations, Yunus and Grameen Bank have shown that even the poorest of the poor can work to bring about their own development".[2] Yunus has received several other national and international honours. He received the United States Presidential Medal of Freedom in 2009 and the Congressional Gold Medal in 2010.[3]In 2008, he was rated #2 in Foreign Policy magazine's list of the 'Top 100 Global Thinkers'.[4]In February 2011, Yunus together with Saskia Bruysten, Sophie Eisenmann and Hans Reitz co-founded Yunus Social Business – Global Initiatives (YSB). YSB creates and empowers social businesses to address and solve social problems around the world. As the international implementation arm for Yunus’ vision of a new, humane capitalism, YSB manages Incubator Funds for social businesses in developing countries and providing advisory services to companies, governments, foundations and NGOs. In 2012, he became Chancellor of Glasgow Caledonian University in Scotland.[5][6] He is a member of the advisory board at Shahjalal University of Science and Technology. Previously, he was a professor of economics at Chittagong University in Bangladesh. He published several books related to his finance work. He is a founding board member of Grameen America and Grameen Foundation, which support microcredit. Yunus also serves on the board of directors of the United Nations Foundation, a public charity created in 1998 by American philanthropist Ted Turner’s $1 billion gift to support UN causes.[7]In March 2011, the Bangladesh government fired Yunus from his position at Grameen Bank, citing legal violations and an age limit on his position.[8] Bangladesh's High Court affirmed the removal on 8 March. Yunus and Grameen Bank are appealing the decision, claiming Yunus' removal was politically motivated.