Nobel Laureate Professor Muhammad Yunus is the father of microcredit, the father of social business, the founder of Grameen Bank, and of more than 50 other companies in Bangladesh. For his constant innovation and enterprise, the Fortune Magazine named Professor Yunus in March 2012 as “one of 12 greatest entreprenuers of our time”

Professor Yunus was born in Bangladesh in 1940. In 1965, he received Fulbright Scholarship to study Economics at Vanderbilt University, USA, and did his Ph.D. in Economics in 1969.

Professor   Yunus   returned   to   Bangladesh   in   1972   and   joined   the   Department   of Economics, University of Chittagong, as its chairman. In 1976, Professor Yunus started to experiment  with  providing  collateral  free  loans  to  the poor.  The  project  was  called Grameen Bank Project and later, in 1983, became a full-fledged bank for providing loans to  the  poor,  mostly  women,  in  rural  Bangladesh.  Today  Grameen  Bank  has  over  8.4 million borrowers, 97% of whom are women and disburses over one and a half billion US dollars each year.

In  2006,  Professor  Yunus  and  Grameen  Bank  were  jointly  awarded  the  Nobel  Peace Prize.

Professor  Muhammad  Yunus  is  the  recipient  of  more  than  50  honorary  degrees  from universities  across  20  countries.  He  has  received  112  awards  from  26  countries including state honours from 10 countries.

He is one of seven individuals to have received the Nobel Peace Prize, the United States Presidential Medal of Freedom and the United States Congressional Gold Medal. Other notable awards include the Ramon Magsaysay Award (1984), World Food Prize (1994), International  Simon  Bolivar  Prize  (1996),  Sydney  Peace  Prize  (1998),  The  Prince  of Austurias Award for Concord (1998) and Seoul Peace Prize (2006).

The concept  of  social  business,  which  he  introduced  into  the  economic  framework,  is defined  as  a  company  dedicated  to  solving  social  problems,  such  as healthcare,    education,    sanitation,    water    pollution,  unemployment,    environmental degradation, etc.. Since 2006, Professor Yunus has focused on spreading and implementing the concept of “social business”—companies created for social good rather than private profit— through Yunus Social Business - Global Initiatives.

United Nations Secretary General, Ban Ki Moon, invited Professor Yunus to serve as an MDG Advocate. He sits on the Board of United Nations Foundation, Schwab Foundation, Prince Albert II of Monaco Foundation, Grameen Credit Agricole Microcredit Foundation and  Chirac  Foundation.  He  is  one  of  the  founding  members  of  The  Elders.  Professor Yunus  serves  as  Nobel  Laureate  in  Residence  at  the  Universiti  Kebangsaan  Malaysia (National University of Malaysia).

Professor  Yunus  was  chosen  by Wharton School  of  Business  as  one  of  'The 25  Most Influential Business Persons of the Past 25 Years'. AsiaWeek (Hong Kong) selected him as one of “Twenty Great Asians 1975 – 1995).” Ananda Bazaar Patrika (India) selected Professor Yunus as one of “Ten Great Bengalis of the Century (1900 – 1999).”

In 2006, Time magazine listed Professor Yunus under "60 years of Asian Heroes" as one of the top 12 business leaders. In 2008, in an open online poll, Yunus was voted the 2nd top most  intellectual  person  in  the  world  on  the  list  of  Top  100  Public  Intellectuals  by Prospect   Magazine   (UK)   and   Foreign   Policy   (United   States).   In   2010,   The   New Statesman (UK) listed him as one of “The World’s 50 Most Influential Figures”.

Professor Yunus has appeared on The Oprah Winfrey Show, The Daily Show with Jon Stewart, Colbert Report, Real Time with Bill Maher, Hardtalk on BBC and The Simpsons. He has appeared on the cover of Time Magazine and Newsweek. In   June   2012,  Professor   Yunus   was   named   Chancellor   of   Glasgow   Caledonian University.

On Google+, Professor Yunus is one of the most followed person worldwide, with over 2 million followers.