Role: Economist, Banker, Social Entrepreneur
Date of Birth: June 28, 1940
Dr. Muhammad Yunus pioneered the concepts of microcredit and microfinance by founding the Grameen Bank in Bangladesh, which provides small loans to impoverished individuals, particularly women without collateral. By trusting the poorest of the poor to build their own sustainable businesses, his model lifted millions out of generational poverty. His innovative approach to social enterprise revolutionized global development economics and earned him the Nobel Peace Prize in 2006 for proving that grassroots financial inclusion can drive massive human progress.
