Contributions:Grameen Bank Net Worth:$12 million Awards:Nobel Peace Prize (2006) Muhammad Yunusis a Bangladeshi banker, professor, economist, and Nobel Peace Prize, recipient. When he was a professor at the University of Chittagong he developed the concept of microcredit and microfinance. These lo...
In 1983, Yunus formally opened the Grameen (Village) bank, which served as a way to offer microcredit to entry-level and subsistenceentrepreneurs.2By June 2020, Grameen Bank had given $30.48 billion dollars worth of loans to some of the world's poorest people.3Perhaps more importantly, Yunus...