Mohammad Yunus is the founder of the Grameen Bank. He developed the concept of microcredit for which he was awarded the Nobel Peace Prize in 2006. His efforts to create economic and social development and to help the impoverished escape poverty by providing loans on terms suitable to them and by teaching them a few sound financial principles have been recognized by many international organizations including the King Hussein Foundation, Jordan and UNESCO. In 2012, he was named the Chancellor of Glasgow Caledonian University, Scotland.
Source of Influence: Social Issues
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