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In 1976 Mr. Yunus founded the ], a financial cooperative whose aim is to make credit available to the very poor. Mr. Yunus is its managing director. In 1976 Mr. Yunus founded the ], a financial cooperative whose aim is to make credit available to the very poor. Mr. Yunus is its managing director.

==Awards==

Mr. Yunus is the 2004 winner of The Economist newspaper's Prize for social and economic innovation.


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Revision as of 05:12, 20 September 2004

Muhammad Yunus is a Bangladeshi banker and a microcredit pioneer.

In 1976 Mr. Yunus founded the Grameen Bank, a financial cooperative whose aim is to make credit available to the very poor. Mr. Yunus is its managing director.

Awards

Mr. Yunus is the 2004 winner of The Economist newspaper's Prize for social and economic innovation.

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