Muhammad Yunus

Banker to the Poor

Muhammad Yunus

Talk: Banker to the Poor

In 2006, the Nobel Peace Prize was awarded to Muhammad Yunus and Grameen Bank for their efforts to create economic and social development from below. "Lasting peace can not be achieved unless large population groups find ways in which to break out of poverty. Micro-credit is one such means. Development from below also serves to advance democracy and human rights." In his new book, Professor Yunus describes the role of business in promoting social reform and his vision for an innovative business model that would combine the power of free markets with a quest for a more humane, egalitarian world that could help alleviate world poverty, inequality, and other social problems.

Muhammad Yunus

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