The inaugural Noesis Lecture will be delivered by Muhammad Yunus, winner of the 2006 Nobel Peace Prize. Professor Yunus will discuss his life’s work and his vision for a world of zero poverty.
Professor Yunus is the father of microcredit, the father of social business, the founder of Grameen Bank, and of more than 50 other companies in Bangladesh. For his constant innovation and enterprise, Fortune Magazine named Professor Yunus as “one of 12 greatest entrepreneurs of our time.”
A Fulbright Scholar at Vanderbilt University, Professor Yunus received his Ph.D. in Economics in 1969.
Professor Yunus returned to Bangladesh in 1972 and joined the Department of Economics, University of Chittagong, as its chairman. In 1976, Professor Yunus started to experiment with providing collateral free loans to the poor. The project was called Grameen Bank Project and later, in 1983, became a full-fledged bank for providing loans to the poor, mostly women, in rural Bangladesh. Today Grameen Bank has over 8.4 million borrowers, 97% of whom are women and disburses over one and a half billion US dollars each year.
In 2006, Professor Yunus and Grameen Bank were jointly awarded the Nobel Peace Prize.
Wednesday, December 6 at 4:00pm to 5:30pm
1834 Wake Forest Road Winston-Salem, NC 27106