Muhammad Yunus

Muhammad Yunus

Muhammad Yunus is a Bangladeshi social entrepreneur, banker, economist, and civil society leader who was been awarded the Nobel Peace Prize for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance.

Professor Muhammad Yunus established the Grameen Bank in Bangladesh in 1983, fueled by the belief that credit is a fundamental human right. He is the pioneer of microcredit and the founder of more than 50 companies in Bangladesh. Professor Yunus is one of seven individuals to have received the Nobel Peace Prize, the United States Presidential Medal of Freedom, and the United States Congressional Gold Medal. Other notable awards include the Ramon Magsaysay Award (1984), World Food Prize (1994), International Simon Bolivar Prize (1996), Sydney Peace Prize (1998), The Prince of Asturias Award for Concord (1998) and Seoul Peace Prize (2006).