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  • Hathazari, Chittagong, Bengal Presidency, British India (Now Bangladesh)
    Friday Jun 28, 1940

    Born

    Hathazari, Chittagong, Bengal Presidency, British India (Now Bangladesh)
    Friday Jun 28, 1940

    The third of nine children, Yunus was born on 28 June 1940 to a Bengali Muslim family in the village of Bathua, by the Kaptai road in Hathazari, Chittagong in the Bengal Presidency of the British Raj, present Bangladesh.




  • Chittagong, Bangladesh
    1944

    Moving To The City of Chittagong

    Chittagong, Bangladesh
    1944

    In 1944, his family moved to the city of Chittagong, and he moved from his village school to Lamabazar Primary School.




  • Chittagong, Bangladesh
    1949

    His Mother Was afflicted With Psychological illness

    Chittagong, Bangladesh
    1949

    By 1949, his mother was afflicted with psychological illness.




  • Dhaka University, Dhaka, Bangladesh
    1957

    Graduation

    Dhaka University, Dhaka, Bangladesh
    1957

    In 1957, he enrolled in the Department of Economics at Dhaka University and completed his BA in 1960 and MA in 1961.




  • Chittagong College, College Road, Chittagong, Bangladesh
    1961

    He Was appointed Lecturer In Economics In Chittagong College

    Chittagong College, College Road, Chittagong, Bangladesh
    1961

    After his graduation, Yunus joined the Bureau of Economics as a research assistant to the economics researches of Professor Nurul Islam and Rehman Sobhan. Later, he was appointed lecturer in economics in Chittagong College in 1961. During that time, he also set up a profitable packaging factory on the side.




  • Nashville, Tennessee, U.S.
    1965

    Receiving a Fulbright Scholarship

    Nashville, Tennessee, U.S.
    1965

    In 1965, he received a Fulbright scholarship to study in the United States.




  • Murfreesboro, TN, USA
    1969

    Assistant Professor of Economics

    Murfreesboro, TN, USA
    1969

    From 1969 to 1972, Yunus was assistant professor of economics at Middle Tennessee State University in Murfreesboro.


  • Nashville, Tennessee, U.S.
    1970

    1st Marriage

    Nashville, Tennessee, U.S.
    1970

    In 1967, while Yunus attended Vanderbilt University, he met Vera Forostenko, a student of Russian literature at Vanderbilt University and daughter of Russian immigrants to Trenton, New Jersey, United States. They were married in 1970.


  • Bangladesh
    1971

    Returning home

    Bangladesh
    1971

    Inspired by the birth of Bangladesh in 1971, Yunus returned home in 1972, to help Mujib rebuild the nation shattered by a long and bloody war.


  • Nashville, Tennessee, U.S.
    1971

    Obtaining His PhD In Economics

    Nashville, Tennessee, U.S.
    1971

    He obtained his PhD in economics from the Vanderbilt University Graduate Program in Economic Development (GPED) in 1971.


  • Nashville, Tennessee, U.S.
    1971

    He published the Bangladesh Newsletter

    Nashville, Tennessee, U.S.
    1971

    During the Bangladesh Liberation War in 1971, Yunus founded a citizen's committee and ran the Bangladesh Information Center, with other Bangladeshis in the United States, to raise support for liberation. He also published the Bangladesh Newsletter from his home in Nashville.


  • Bangladesh
    1975

    He developed a Nabajug (New Era) Tebhaga Khamar (three share farm)

    Bangladesh
    1975

    In 1975, he developed a Nabajug (New Era) Tebhaga Khamar (three share farm) which the government adopted as the Packaged Input Programme. In order to make the project more effective, Yunus and his associates proposed the Gram Sarkar (the village government) programme.


  • Jobra, Bangladesh
    1976

    Yunus's visits to the village of Jobra

    Jobra, Bangladesh
    1976

    In 1976, during visits to the poorest households in the village of Jobra near Chittagong University, Yunus discovered that very small loans could make a disproportionate difference to a poor person. Yunus lent US$27 of his money to 42 women in the village, who made a profit of BDT 0.50 (US$0.02) each on the loan. Thus, Yunus is credited with the idea of microcredit.


  • Jobra, Bangladesh
    Dec, 1976

    Yunus Finally Secured a Loan

    Jobra, Bangladesh
    Dec, 1976

    In December 1976, Yunus finally secured a loan from the government Janata Bank to lend to the poor in Jobra. The institution continued to operate, securing loans from other banks for its projects.


  • Chittagong, Bangladesh
    1979

    Divorce

    Chittagong, Bangladesh
    1979

    Yunus's marriage with Vera ended within months of the birth of their baby girl, Monica Yunus, in 1979 Chittagong, as Vera returned to New Jersey claiming that Bangladesh was not a good place to raise a baby.


  • Bangladesh
    1980s

    2nd Marriage

    Bangladesh
    1980s

    Yunus married Afrozi Yunus, who was then a researcher in physics at Manchester University. She was later appointed as a professor of physics at Jahangirnagar University. Their daughter Deena Afroz Yunus was born in 1986.


  • Jobra, Bangladesh
    Saturday Oct 01, 1983

    The Pilot Project began Operation as a Full-Fledged Bank ("Village Bank")

    Jobra, Bangladesh
    Saturday Oct 01, 1983

    By 1982, it had 28,000 members. On 1 October 1983, the pilot project began operation as a full-fledged bank for poor Bangladeshis and was renamed Grameen Bank ("Village Bank").


  • Bangladesh
    Wednesday Mar 26, 1997

    The inaugural ceremony of Grameenphone

    Bangladesh
    Wednesday Mar 26, 1997

    The inaugural ceremony of Grameenphone, the largest telephone service in Bangladesh, took place at Hasina's office on 26 March 1997.


  • Oslo, Norway
    Sunday Dec 10, 2006

    The Nobel Peace Prize

    Oslo, Norway
    Sunday Dec 10, 2006

    Yunus was awarded the 2006 Nobel Peace Prize, along with Grameen Bank, for their efforts to create economic and social development.


  • Bangladesh
    Thursday Jan 11, 2007

    Yunus Turned down Moeen request To become The Nation's Fourth Chief Advisor

    Bangladesh
    Thursday Jan 11, 2007

    On 11 January 2007, Army General Moeen U Ahmed staged a military coup. Meanwhile, Yunus turned down his request to become the nation's fourth Chief Advisor after Khaleda Zia's term ended. Yunus, however, suggested the general pick Fakhruddin Ahmed for the job.


  • Bangladesh
    Sunday Feb 18, 2007

    Yunus announced That He is Willing To Launch a Political Party

    Bangladesh
    Sunday Feb 18, 2007

    Yunus finally announced that he is willing to launch a political party tentatively called Citizens' Power (Nagorik Shakti) on 18 February 2007.


  • Bangladesh
    Thursday May 03, 2007

    Yunus declared That He Had decided To abandon His Political Plans

    Bangladesh
    Thursday May 03, 2007

    There was speculation that the army supported a move by Yunus into politics. On 3 May, however, Yunus declared that he had decided to abandon his political plans following a meeting with the head of the interim government, Fakhruddin Ahmed.


  • Houston, Texas, U.S.
    Monday Jan 14, 2008

    Muhammad Yunus Day

    Houston, Texas, U.S.
    Monday Jan 14, 2008

    In January 2008, Houston, Texas declared 14 January as "Muhammad Yunus Day".


  • The Hague, The Netherlands
    Jul, 2009

    Yunus became a Member of The SNV

    The Hague, The Netherlands
    Jul, 2009

    In July 2009, Yunus became a member of the SNV Netherlands Development Organisation International Advisory Board to support the organisation's poverty reduction work.


  • ITU, Geneva, Switzerland
    2010

    Commissioner For The Broadband Commission Tor Digital Development

    ITU, Geneva, Switzerland
    2010

    Since 2010, Yunus has served as a Commissioner for the Broadband Commission for Digital Development, a UN initiative which seeks to use broadband internet services to accelerate social and economic development.


  • Norway
    Nov, 2010

    Allegations of embezzlement

    Norway
    Nov, 2010

    A Danish documentary, Caught in Micro Debt, produced and directed by journalist Tom Heinemann, aired on Norwegian national television NRK in November 2010. It made a number of allegations against Yunus and Grameen Bank.


  • Oslo, Norway
    Monday Dec 06, 2010

    NORAD Published a Statement Clearing Yunus and The Bank From any Allegations of Embezzlement

    Oslo, Norway
    Monday Dec 06, 2010

    On 6 December, NORAD (The Norwegian Agency for Development Cooperation) published a statement clearing Yunus and the Bank from any wrongdoing on this point, following a comprehensive review of NORAD's support commissioned by the Minister of International Development.


  • Dhaka, Bangladesh
    Tuesday Jan 11, 2011

    Reviewing Grameen Bank Activities

    Dhaka, Bangladesh
    Tuesday Jan 11, 2011

    The Government announced a review of Grameen Bank activities on 11 January 2011, which is ongoing.


  • Dhaka, Bangladesh
    Thursday Jan 27, 2011

    Yunus appeared In Court In a Food-adulteration Case

    Dhaka, Bangladesh
    Thursday Jan 27, 2011

    On 27 January 2011, Yunus appeared in court in a food-adulteration case filed by the Dhaka City Corporation (DCC) Food Safety Court, accusing him of producing an "adulterated" yogurt whose fat content was below the legal minimum. According to Yunus's lawyer, the allegations are "false and baseless". At the request of Yunus's lawyers, pointing procedural irregularities and errors, this case is now considered by the High Court.


  • Dhaka, Bangladesh
    Tuesday Feb 15, 2011

    The Finance Minister of Bangladesh declaration

    Dhaka, Bangladesh
    Tuesday Feb 15, 2011

    On 15 February 2011, the Finance Minister of Bangladesh, Abul Maal Abdul Muhith, declared that Yunus should "stay away" from Grameen Bank while it is being investigated.


  • Dhaka, Bangladesh
    Mar, 2011

    The Bangladesh High Court

    Dhaka, Bangladesh
    Mar, 2011

    In March 2011, Yunus petitioned the Bangladesh High Court challenging the legality of the decision by the Bangladeshi Central Bank to remove him as Managing Director of Grameen Bank. The same day, nine elected directors of Grameen Bank filed a second petition.


  • Dhaka, Bangladesh
    Wednesday Mar 02, 2011

    Yunus Had been Fired as Managing Director of The Bank

    Dhaka, Bangladesh
    Wednesday Mar 02, 2011

    On 2 March 2011, Muzammel Huq – a former Bank employee, whom the government had appointed Chairman in January – announced that Yunus had been fired as Managing Director of the Bank. However, Bank General Manager Jannat-E Quanine issued a statement that Yunus was "continuing in his office" pending review of the legal issues surrounding the controversy.


  • Dhaka, Bangladesh
    Tuesday Mar 08, 2011

    The Court Confirmed Yunus's Dismissal

    Dhaka, Bangladesh
    Tuesday Mar 08, 2011

    The High Court hearing on the petitions, was planned for 6 March 2011 but postponed. On 8 March 2011, the Court confirmed Yunus's dismissal.


  • Dhaka, Bangladesh
    Thursday Aug 02, 2012

    Grameen Bank Ordinance 2012

    Dhaka, Bangladesh
    Thursday Aug 02, 2012

    On 2 August 2012, Sheikh Hasina's approved a draft of "Grameen Bank Ordinance 2012" to increase government control over the bank.


  • Dhaka, Bangladesh
    Friday Oct 04, 2013

    Bangladesh's Cabinet Has approved The Draft of a New Law

    Dhaka, Bangladesh
    Friday Oct 04, 2013

    On 4 October 2013, Bangladesh's cabinet has approved the draft of a new law that will give the country's central bank closer control over Grameen Bank, raising the stakes in a long-running dispute with the pioneering microlender.


  • Dhaka, Bangladesh
    Thursday Nov 07, 2013

    The Parliament Passed The New Grameen Bank Law

    Dhaka, Bangladesh
    Thursday Nov 07, 2013

    The new Grameen Bank law was passed by parliament on 7 November 2013, and replaced the Grameen Bank Ordinance, the law that underpinned the creation of Grameen Bank as a specialised microcredit institution in 1983.


  • New York City, New York, U.S.
    Mar, 2016

    He Was appointed To The High-Level Commission on Health Employment and Economic Growth

    New York City, New York, U.S.
    Mar, 2016

    In March 2016, he was appointed by United Nations Secretary-General Ban Ki-moon to the High-Level Commission on Health Employment and Economic Growth, which was co-chaired by presidents François Hollande of France and Jacob Zuma of South Africa.


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