Muhammad Yunus was born on 28 June 1940 in Shikarpur Union. A Bangladeshi economist and banker, Yunus founded the Grameen Bank, which pioneered microcredit by making very small loans to poor people, especially women, without requiring collateral. The model spread across the world, influencing thousands of lending programs, and he shared the 2006 Nobel Peace Prize with the bank. He studied at Dhaka and Vanderbilt and taught economics at Chittagong University. After the fall of Sheikh Hasina's government in 2024 he was named chief adviser of Bangladesh's interim administration, and he was tasked with leading the country toward elections and reform.
Before and after
- from 10 June 1940 to 2 May 1945Mediterranean and Middle East Theater of World War II
- 22 June 1940Armistice of 22 June 1940
- from 22 June 1940 to 4 October 1943German military administration in occupied France during World War II
- from 28 June 1940 to 3 July 1940Soviet occupation of Bessarabia and Northern Bukovina
- 28 June 1940Birth of Muhammad Yunus
- 6 July 1940Birth of Nursultan Nazarbayev
- 7 July 1940Birth of Ringo Starr
- from 10 July 1940 to 31 October 1940Battle of Britain
- from 10 July 1940 to 29 August 1944Vichy France
More in Society, economy & sport
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- 1924Origins of Allsvenskan
- 1937Nanjing Massacre
- 1938Founding of Samsung Group
- 15 May 1940Founding of McDonald's
- 1941Rise of Vietnamese Independence League
The era
This moment belongs to the Modern era (1914 CE to 1945 CE), world wars and a changing world. You can also browse everything in the 20th century.