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more general categories information about this item 10. Noble Prize 10. Noble Prize Peace (130) 11. Award Year 11. Award Year 2000s (123) 2006 (9) 12. Winner Type 12. Winner Type Person (904) 13. Gender 13. Gender Male (853) 14. Birth Year 14. Birth Year 1940s (122) 1940 (17) 15. Place of Birth 15. Place of Birth Asia (96) Asia, southern (9) Bangladesh (1) Chittagong (1) 18. Living Winners 18. Living Winners Alive (292) 19. Given Name 19. Given Name L-R (240) M (50) 20. Family Name 20. Family Name S-Z (212) Y (9) 21. Shared Given Name 21. Shared Given Name L-R (156) M (30) Muhammed (2) 23. Religion 23. Religion Religious group (353) Islam (12) 24. Age at Award Time 24. Age at Award Time 60 - 69 (252) 67 (10) 32. Occupations 32. Occupations Life, Physical, and Social Science Occupations (601) Social Scientists and Related Workers (87) Economists (76) 34. Citizens 34. Citizens Asia (83) Asia, southern (3) Bangladesh (1) 42. Affilliation with College or University 42. Affilliation with College or University North America (529) United States (521) Southeastern states (38) Tennessee (8) Nashville (8) Vanderbilt University (8) Alumni (3) 45. Other Awards 45. Other Awards E-F (439) E (135) Empowering award (1) F (394) Four Freedoms Award (4) Fukuoka Asian Culture Prize (1) Fulbright Scholarship (4) I-J (268) I (80) Independence Day Award (1) Indira Gandhi Prize (5) K-L (297) K (173) Knight Grand Cross of the Order of Merit of the Italian Republic (11) O-P (364) O (205) Order of Abdulaziz al Saud (2) Order of the Liberator (1) P (242) Presidential Medal of Freedom (24) Princess of Asturias Award for Concord (1) Q-Z (398) T (64) The Nichols-Chancellor's Medal (2) V (13) Volvo Environment Prize (3) W (157) World Food Prize (1) complete name: Muhammad Yunus nobel prize: peace award year: 2006 together with: Grameen Bank prize share: Prize share: 1/2 rational: 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." biography: Biography laureate facts: Facts laureate lecture: Lecture given name: Muhammed family name: Yunus occupation: entrepreneur occupation: economist occupation: banker occupation: university teacher field of work: economics field of work: economy work location: University of Dhaka, Dhaka, Bangladesh description: Muhammad Yunus is a Bangladeshi social entrepreneur, banker, economist, and civil society leader who was awarded the Nobel Peace Prize for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance. These loans are given to entrepreneurs too poor to qualify for traditional bank loans. In 2006, Yunus and the Grameen Bank were jointly awarded the Nobel Peace Prize "for their efforts through microcredit to create economic and social development from below". The Norwegian Nobel Committee said that "lasting peace cannot be achieved unless large population groups find ways in which to break out of poverty" and that "across cultures and civilizations, Yunus and Grameen Bank have shown that even the poorest of the poor can work to bring about their own development". Yunus has received several other national and international honours. He received the United States Presidential Medal of Freedom in 2009 and the Congressional Gold Medal in 2010. In 2008, he was rated number 2 in Foreign Policy magazine's list of the 'Top 100 Global Thinkers'. In February 2011, Yunus together with Saskia Bruysten, Sophie Eisenmann and Hans Reitz co-founded Yunus Social Business - Global Initiatives (YSB). YSB creates and empowers social businesses to address and solve social problems around the world. As the international implementation arm for Yunus' vision of a new, humane capitalism, YSB manages incubator funds for social businesses in developing countries and provides advisory services to companies, governments, foundations and NGOs. In 2012, he became Chancellor of Glasgow Caledonian University in Scotland. He is a member of the advisory board at Shahjalal University of Science and Technology. Previously, he was a professor of economics at Chittagong University in Bangladesh. He published several books related to his finance work. He is a founding board member of Grameen America and Grameen Foundation, which support microcredit. Yunus also serves on the board of directors of the United Nations Foundation, a public charity created in 1998 by American philanthropist Ted Turner's $1 billion gift to support UN causes. In March 2011, the Bangladesh government fired Yunus from his position at Grameen Bank, citing legal violations and an age limit on his position. Bangladesh's High Court affirmed the removal on 8 March. Yunus and Grameen Bank are appealing the decision, claiming Yunus' removal was politically motivated. pronunciation: (Bengali: মুহাম্মদ ইউনূস) image copyright: – image citation: The Nobel Peace Prize 2006. NobelPrize.org. Nobel Media AB 2018. <https://www.nobelprize.org/prizes/peace/2006/summary/> date birth: 1940 usual name: Muhammad Yunus
