Muhammad Yunus (born 28 June 1940) is a Bangladeshi banker, economist and a devout Muslim. He previously was a professor of economics and is famous for his successful application of microcredit - the extension of small loans. These loans are given to entrepreneurs too poor to qualify for traditional bank loans. Yunus is also the founder of Grameen Bank. In 2006, Yunus and the bank were jointly awarded the Nobel Peace Prize, "for their efforts to create economic and social development from below."
Yunus himself has received several other national and international honors. He is the author of Banker to the Poor and a founding board member of Grameen Foundation. Yunus also serves on the board of directors of the United Nations Foundation, a public charity created in 1998 with entrepreneur. The UN Foundation builds and implements public-private partnerships to address the world’s most pressing problems, and broadens support for the UN.
By Muhammad Yunus
• A World Without Poverty: Social Business and the Future of Capitalism; Public Affairs; 2008; ISBN 9781586484934
• Banker to the Poor: Micro-Lending and the Battle Against World Poverty; Public Affairs; 2003; ISBN 9781586481988
• Grameen Bank, as I See it; Grameen Bank; 1994
• Jorimon and Others: Faces of Poverty (co-authors: Saiyada Manajurula Isalama, Arifa Rahman); Grameen Bank; 1991
• Planning in Bangladesh: Format, Technique, and Priority, and Other Essays; Rural Studies Project, Department of Economics, Chittagong University; 1976
• Three Farmers of Jobra; Department of Economics, Chittagong University; 1974