Mohammed Yunus

Muhammad Yunus is a Bangladeshi social entrepreneur and economist best known for founding the Grameen Bank in 1983. He pioneered the concept of microcredit, which provides small loans to impoverished individuals, primarily women, to help them start small businesses and lift themselves out of poverty. Yunus believed in the power of entrepreneurship to drive social change and improve lives. His innovative approach earned him the Nobel Peace Prize in 2006, highlighting the importance of financial inclusion and sustainable development. Today, microfinance is recognized globally as a tool for poverty alleviation and economic empowerment.