---
title: "Muhammad Yunus: Pioneer of Microcredit | Model Diplomat"
description: "Muhammad Yunus is a Bangladeshi economist and Nobel laureate known for founding microcredit, impacting poverty alleviation and women's empowerment."
url: "https://modeldiplomat.com/learn/glossary/muhammad-yunus"
---

[New](https://modeldiplomat.com/)

#

Model Diplomat Research Team · Last reviewed June 22, 2026

TL;DR

- Muhammad Yunus is a Bangladeshi economist, Nobel laureate, and pioneer of microcredit who became Chief Adviser of Bangladesh's interim government in August 2024.
- When and for what was Muhammad Yunus awarded the Nobel Prize?
- What is the Grameen Bank model and when was it founded?
- What position did Muhammad Yunus assume in 2024?
- What is meant by Yunus's concept of 'social business'?

[Civil Service & Diplomatic Exams](https://modeldiplomat.com/learn/civil-services/glossary)Updated June 22, 2026

Go beyond the definition

## Research Muhammad Yunus like a delegate

Model Diplomat's AI drafts position papers, speeches, and country research with real sources — built for MUN and politics students.

## Timeline

1. 28 June 1940

   Muhammad Yunus (born , Chittagong) is a Bangladeshi economist and social entrepreneur internationally recognised as the founder of modern microcredit and mic…

2. 5 August 2024

   Following the July–August 2024 student-led mass uprising that forced Prime Minister Sheikh Hasina to flee on , Yunus was invited by President Mohammed Shahab…

3. 8 August 2024

   He was sworn in as Chief Adviser of the interim government on , tasked with restoring order, instituting reform commissions, and steering the country toward…

## Research it like a delegate

Research on modeldiplomat.com

## Ask a follow-up about Muhammad Yunus

Open a cited briefing in Model Diplomat search — timelines, positions, and sources you can use in committee or exam answers.

[Start research on Muhammad Yunus](https://modeldiplomat.com/search?q=Explain%20Muhammad%20Yunus%20%E2%80%94%20key%20dates%2C%20actors%2C%20positions%2C%20and%20sources)

Example

In August 2024, Muhammad Yunus was sworn in as Chief Adviser of Bangladesh's interim government after the student-led uprising forced Prime Minister Sheikh Hasina to resign and flee the country.

Keep learning

## Go deeper than the definition

Lessons

[The Economy In Depth Rmg Remittances Microfinance](https://modeldiplomat.com/learn/lessons/bcs-bangladesh-affairs-the-economy-in-depth-rmg-remittances-microfinance)[Foreign Policy Regional Relations India Myanmar](https://modeldiplomat.com/learn/lessons/bcs-bangladesh-in-world-foreign-policy-regional-relations-india-myanmar)

Courses

[Bcs Bangladesh Affairs](https://modeldiplomat.com/learn/courses/bcs-bangladesh-affairs)[Bcs Bangladesh In World](https://modeldiplomat.com/learn/courses/bcs-bangladesh-in-world)

[Explore all Civil Service & Diplomatic Exams lessons](https://modeldiplomat.com/learn/civil-services)[Test yourself with a quiz](https://modeldiplomat.com/learn/glossary/quiz/civil-services)

## Take Muhammad Yunus beyond the glossary

Ask the AI research engine built for diplomacy — get briefings, position papers, and speeches with sources you can cite in committee.