On 7 April 2017, Professor Muhammad Yunus visited La Trobe University. In a ceremony held at La Trobe’s Hoogenraad Lecture Theatre, Professor Yunus received an Honorary Doctorate from Vice-Chancellor Professor John Dewar.and officially opened the Yunus Social Business Centre at La Trobe Business School.

Attendees included of key stakeholders including the La Trobe Business School staff, members of the business community, stakeholders and collaborators of the LBS Yunus Social Business Centre, and the La Trobe Asia community.

Professor Muhammad Yunus was welcomed with a song by the three social businessmen: Rafiuddin Ahmed, Marthin Nanere and Petrus Usmanij.

Yunus centres and the three zeroes

During the ceremony, Professor Yunus spoke about social business and ‘unleashing the potential’. Professor Muhammad Yunus is widely known for his progressive theories surrounding microcredit and for founding Grameen Bank, an innovative institution which has enabled impoverished entrepreneurs to access an affordable loan scheme and start a business. Through social business, Professor Dr Yunus has set out to create a world with three zeroes: zero poverty, zero unemployment and zero carbon emissions through social business. “All humans are entrepreneurs,” Dr Yunus said during his presentation. “If you can think of a problem to solve through a business you can set up that can get five people out of welfare, your effort is already worth it.”

Through Yunus Centres around the world, Professor Yunus wants to encourage young people all over the world to test out their business ideas through a microloan, and create a better society.

7th Social Business Day

From the 28 – 29 July this year, the Dhaka Yunus Centre will be hosting the seventh global Social Business Day, bringing together over 1500 people from over 60 countries. The theme of this year’s Social Business Day will be wealth concentration, and whether this concentration be stopped, and how social business can create a viable business-engine to address the huge wealth gap in society.

For more information on the Yunus Social Business Centre at La Trobe Business School, see the La Trobe Business School Yunus Centre website.

To be connected with the students Social Business Club, activity and events please join the Facebook page, or see the Social Business Club website.

Contact the Yunus Social Business Centre via email.

For more information on Professor Dr. Muhammad Yunus, keep an eye on the La Trobe Business School blog.