The Nobel Peace Prize 2006 was awarded jointly to Muhammad Yunus and Grameen Bank "for their efforts to create economic and social development from below"

Yunus was awarded the Nobel Peace Prize in 2006 for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance. [2] Yunus has received several other national and international honors, including the United States Presidential Medal of Freedom in 2009 and the Congressional Gold Medal in 2010. [ 3 ]

Muhammad Yunus and Grameen Bank were awarded the Nobel Peace Prize for 2006 for their work to “create economic and social development from below”. Grameen Bank's objective since its establishment in 1983 has been to grant poor people small loans on easy terms - so-called micro-credit - and Yunus was the bank's founder.

The Nobel Peace Prize 2006 was awarded jointly to Muhammad Yunus and Grameen Bank "for their efforts to create economic and social development from below"

Muhammad Yunus, 2013. A list of awards granted to Muhammad Yunus, Bangladeshi entrepreneur, banker, economist, politician and civil society leader.

Aug 7, 2024 · Nobel Peace Prize laureate Muhammad Yunus has been chosen to head Bangladesh’s interim government after student protests sparked an uprising that toppled the former leader.

Aug 8, 2024 · After Sheikh Hasina’s ouster, Bangladesh has a new interim head — Nobel Peace prize winner, Muhammad Yunus. Before this stint, he gained prominence for setting up the Grameen Bank and lifting millions of people out of poverty across the country.

Aug 7, 2024 · Yunus is a social entrepreneur and banker who won the 2006 Nobel Peace Prize for his pioneering microfinance work that helped alleviate poverty in Bangladesh and was widely adopted around...

Muhammad Yunus, born on June 28, 1940, in Chittagong, Bengal, India, is a Nobel Peace Prize laureate for the year 2006 and a professor of economics. He is the creator of Grameen Bank, a bank that pioneered microcredit lending to landless poor people and helped to improve the lives of millions of people in Asia.

Muhammad Yunus and Grameen Bank were awarded the Nobel Peace Prize for 2006 for their work to “create economic and social development from below”. Grameen Bank's objective since its establishment in 1983 has been to grant poor people small loans on easy terms - so-called micro-credit - and Yunus was the bank's founder.