What motivated the humanitarian work of Muhammad Yunus? 🔊
Muhammad Yunus was motivated by his desire to combat poverty and empower entrepreneurs through microfinance. Witnessing the struggles of impoverished communities in Bangladesh ignited his vision of creating a sustainable economic model that offered loans to those typically excluded from traditional banking. His establishment of Grameen Bank revolutionized the approach to lending and social business, demonstrating that economic initiatives could coexist with social goals, ultimately uplifting millions out of poverty.
Equestions.com Team – Verified by subject-matter experts