Professor Dr. Muhammad Yunus is a Bangladeshi banker and economist. He is the developer and founder of the concept of microcredit, the extension of small loans to entrepreneurs too poor to qualify for traditional bank loans. Yunus is also the founder of Grameen Bank. In 2006, Yunus and the bank were jointly awarded the Nobel Peace Prize, for their efforts to create economic and social development from below.[1] Yunus himself has received several other international honors, including the World Food Prize. He is the author of Banker to the Poor....
Professor Dr. Muhammad Yunus is a Bangladeshi banker and economist. He is the developer and founder of the concept of microcredit, the extension of small loans to entrepreneurs too poor to qualify for traditional bank loans. Yunus is also the founder of Grameen Bank. In 2006, Yunus and the bank were jointly awarded the Nobel Peace Prize, for their efforts to create economic and social development from below.[1] Yunus himself has received several other international honors, including the World Food Prize. He is the author of Banker to the Poor....
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The Nobel Prize is a set of annual international awards bestowed in several categories by Swedish and Norwegian institutions in recognition of academic, cultural or scientific advances.
The will of the Swedish inventor Alfred Nobel established the...