Professor Muhammad Yunus and Grameen Bank, which he founded, were jointly awarded the Nobel Peace Prize in 2006 “for their efforts to create economic and social development from below.” Since then, ...

Bangladesh's central bank has fired Nobel Laureate Muhammad Yunus, the celebrated microfinance pioneer who started lending small sums of money at Grameen Bank almost 30 years ago. AFP reports that ...

Muhammad Yunus is often referred to as "the world's banker to the poor" and his revolutionary Grameen (Village) banking system is estimated to have extended credit to more than seven million of ...