About
Prof. Muhammad Yunus
Nobel Peace Prize winner, Professor Yunus is internationally recognized for his work in poverty alleviation and the empowerment of poor women.
Professor Yunus has successfully melded capitalism with social responsibility to create the Grameen Bank, a microcredit institution committed to providing small amounts of working capital to the poor for self-employment.
From its origins as an action-research project, Grameen Bank has grown to provide collateral-free loans to 5 million clients in Bangladesh, 96% of who are women. Over the last two decades, Grameen Bank has loaned out over 5 billion dollars to the poorest of the poor, while maintaining a repayment rate consistently above 98%.
His autobiography has been translated into a large number of languages, including French, Spanish, Japanese, Gujarati and Arabic and he was awarded the Dwight D. Eisenhower Medal for Leadership and Service.
The biggest award in the field of international studies, the Estoril Global Issues Distinguished Book Prize, was awarded to Yunus for his books, which offers outstanding analysis of global issues.
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