Muhammad Yunus

Muhammad Yunus (1940 - ) 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. These loans are given to entrepreneurs too poor to qualify for conventional bank loans. Yunus has received several other national and international honours. In 2011, he co-founded Yunus Social Business – Global Initiatives (YSB), which creates and empowers social businesses to address social problems around the world. It manages incubator funds for social businesses in developing countries and provides advisory services to companies, governments, foundations and NGOs. In 2012, he became Chancellor of Glasgow Caledonian University in Scotland, following his firing from Grameen by the Bangladeshi government.

In the future the question will not be, "Are people credit-worthy", but rather, "Are banks people-worthy?"