Who are you?

Muhammad Yunus: My name is Muhummad Yunus. I’m the Managing Director of Grameen Bank. I’m from Bangladesh. That’s where I’m from, and I did my Masters degree in Bangladesh and then Fulbright fellowship to come to the States, and did my PhD in Vanderbilt University – Nashville, Tennessee. And then I was teaching in Middleton State Univsersity Tennessee State University in Tennessee. And then I went back in 1972 to Bangladesh and started teaching in one of the universities there.My work was not much related to income gap as such. It is more of utter poverty. I was not looking at the top – how to reach there. I was looking at how terrible the shape of people at the bottom. So I wanted to see how to adjust that because Bangladesh is one of the poorest countries in the world – at that time probably best described as the poorest country in the world in the ‘70s. So you cannot think of anything but poverty. If you want to reach out to people, do something meaningful to the people, this is one issue that you cannot avoid. So as an economic student; as young people from Bangladesh, we continued to think about it, talk about it, discuss about it. But I didn’t realize that it will end up in a famine kind of situation in our lifetime, and that’s what happened. So something pushed me in that direction. So poverty was everywhere. It’s a very frustrating situation how people couldn’t make a living in a day-to-day way because there is no income for them. There is no employment for them. Their housing conditions is extremely bad. Their food is very difficult to find. So those are the issues which kind of interested me – see what can be done.

 

Recorded on: 1/23/08

 

 

 

Yunus' will to end poverty has taken him from Bangladesh to Tennessee.

LinkedIn meets Tinder in this mindful networking app

Swipe right to make the connections that could change your career.

Getty Images
Sponsored
Swipe right. Match. Meet over coffee or set up a call.

No, we aren't talking about Tinder. Introducing Shapr, a free app that helps people with synergistic professional goals and skill sets easily meet and collaborate.

Keep reading Show less

Want to age gracefully? A new study says live meaningfully

Thinking your life is worthwhile is correlated with a variety of positive outcomes.

YOSHIKAZU TSUNO/AFP/Getty Images
Surprising Science
  • A new study finds that adults who feel their lives are meaningful have better health and life outcomes.
  • Adults who felt their lives were worthwhile tended to be more social and had healthier habits.
  • The findings could be used to help improve the health of older adults.
Keep reading Show less
Promotional photo of Lena Headey as Cersei Lannister on Game of Thrones
Surprising Science
  • It's commonly thought that the suppression of female sexuality is perpetuated by either men or women.
  • In a new study, researchers used economics games to observe how both genders treat sexually-available women.
  • The results suggests that both sexes punish female promiscuity, though for different reasons and different levels of intensity.
Keep reading Show less

This 1997 Jeff Bezos interview proves he saw the future coming

Jeff Bezos, the founder of Amazon.com, explains his plan for success.

Technology & Innovation
  • Jeff Bezos had a clear vision for Amazon.com from the start.
  • He was inspired by a statistic he learned while working at a hedge fund: In the '90s, web usage was growing at 2,300% a year.
  • Bezos explains why books, in particular, make for a perfect item to sell on the internet.
Keep reading Show less