Muhammad Yunus is the founder of the Grameen Bank and winner of the 2006 Nobel Peace Prize for his “efforts to create economic and social development from below.” He has won a number of prestigious awards and honorary doctorate degrees, and is considered a trailblazer in microfinance and social business. Yunus serves on the board of directors of the United Nations Foundation.
In Muhammad Yunus' experience, whether a social business seeks to provide renewable energy, health care or information technology to the poor, the main agent for change has always been women. A guest opinion by the Grameen Bank founder and Nobel Peace Prize laureate.
The problems with “conventional” development aid extend beyond the funding gap, writes Grameen Bank founder Muhammad Yunus in this exclusive guest opinion for Devex. The solution? Read how this Nobel Peace Prize winner would use innovative financing to make the money go further.