Dr. Muhammad Yunus and His Relationship with the Government of Bangladesh
Dr. Muhammad Yunus, often referred to as the "Banker to the Poor," is a globally respected economist, Nobel Peace Prize laureate, and the founder of Grameen Bank. Known for pioneering the concept of microcredit and microfinance, Dr. Yunus has empowered millions of impoverished individuals—especially women—in Bangladesh and around the world. The Rise of a Visionary Dr. Yunus founded Grameen Bank in 1983 with the aim of providing small loans to the poor without requiring collateral. This innovative approach allowed marginalized people to start businesses, improve their living conditions, and break the cycle of poverty. His work earned him the Nobel Peace Prize in 2006, along with Grameen Bank, for their efforts to create economic and social development from below. Tensions with the Government Despite his international acclaim, Dr. Yunus has faced significant challenges at home. His relationship with the Government of Bangladesh, especially under the leadership of the Awami Leag...
