Muhammad Yunus Keynote Topics
Achieving Lasting Peace by Eradicating Poverty
“I was not trained to understand self-help. I was trained, like all students of economics, to believe that all people, as they grow up, should prepare themselves to get jobs at the job market. If you fail to get a job, you register yourself for government charity. But I could not hold on to these beliefs when I faced the real life of the poor people in Bangladesh. For most of them [the] job market did not mean much. For survival they turned to economic activities on their own. But the economic institutions and policies did not take notice of their struggle. They were rejected by the formal systems for no fault of their own....” -From a speech given by Professor Yunus
Ending Global Poverty, One Loan At A Time
Muhammad Yunus is a Bangladeshi banker and economist. He previously was a professor of economics and is famous for his successful application of microcredit ; the extension of small loans. These loans are given to entrepreneurs too poor to qualify for traditional bank loans. Yunus is also the founder of Grameen Bank.
In 2006, Yunus and the bank were jointly awarded the Nobel Peace Prize, “for their efforts to create economic and social development from below.” Yunus himself has received several other national and international honors. He is the author of Banker to the Poor and a founding board member of Grameen Foundation. In this speech, keynote speaker Muhammad Yunus will talk about his story founding the Grameen bank and why it is important to give microcredits to the poor, as everyone is born an entrepreneur. He will talk about how those microcredits can eradicate poverty while teaching important lessons and empowering society.