Dr.Yunus

Muhammad Yunus is a 73 years old economist and professor. He was born on Friday, 28 June 1940 in Chittagong, Bangladesh. His parents are jeweler Hazi Dula Mia Shoudagar and Sofia Khatun. He has 2 children (Monica and Deena). He has 2 brothers - Muhammad Ibrahim Yunus and Muhammad Jahangir Yunus.He is the Nobel Peace Prize recipient. As a professor of economics, he developed the concepts of microcredit and microfinance. These loans are given to entrepreneurs too poor to qualify for traditional bank loans. In 2006 Yunus and Grameen Bank received the Nobel Peace Prize "for their efforts through microcredit to create economic and social development from below".Yunus has received several other national and international honours. He was awarded the U.S. Congressional Gold Medal in 2010, and presented with it at a ceremony at the U.S. Capitol on 17 April 2013. Yunus was born on 28 June 1940 to a Muslim family in the village of Bathua, by the Boxirhat Road in Hathazari, Chittagong, in the British Raj (modern Bangladesh).His father was Hazi Dula Mia Shoudagar, a jeweler, and his mother was Sufia Khatun. His early childhood was spent in the village. In 1944, his family moved to the city of Chittagong, and he moved from his village school to Lamabazar Primary School.By 1949, his mother was afflicted with psychological illness.Later, he passed the matriculation examination from Chittagong Collegiate School ranking 16th of 39,000 students in East Pakistan.During his school years, he was an active Boy Scout, and travelled to West Pakistan and India in 1952, and to Canada in 1955 to attend Jamborees.Chittagong College, he became active in cultural activities and won awards for drama.In 1957, he enrolled in the Department of Economics at Dhaka University and completed his BA in 1960 and MA in 1961.
Later while Yunus studied at