Muhammad Yunus

Muhammad Yunus is widely known as a social entrepreneur, banker, economist, and civil society leader. He was awarded the Nobel Peace Prize for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance. These are the types of loans offered to borrowers which can't get approved for the necessary funding by traditional banks. In 2006, Yunus was awarded the Nobel Peace Prize "for his efforts through microcredit to create economic and social development from below". In 2009 Muhammad received the United States Presidential Medal of Freedom and in 2010 - the Congressional Gold Medal.

In 2008, he was rated number 2 in Foreign Policy magazine's list of the 'Top 100 Global Thinkers'.

Besides, Yunus is a co-founder of Yunus Social Business – Global Initiatives (YSB). It was designed to create and empower social businesses to address and solve social problems around the world. 

Yunus worked as a professor of economics at Chittagong University in Bangladesh. Then, from 2012 to 2018 Muhammad served as the Chancellor of Glasgow Caledonian University in Scotland. He published several books related to his finance work. He is a founding board member of Grameen America and Grameen Foundation, which supports microcredit.

Muhammad Yunus is also a member of the board of directors of the United Nations Foundation.

Today, if you look at financial systems around the globe, more than half the population of the world - out of six billion people, more than three billion - do not qualify to take out a loan from a bank. This is a shame

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