This description of Muhammad Yunus's work was prepared when Muhammad Yunus was elected to the Ashoka Fellowship in 1999.
Introduction
Founder of the Grameen Bank, winner of 2006 Nobel Peace Prize, and leader in microcredit. He has spread microcredit globally and pioneered in social business ventures such as Grameen Telecom which have enabled rural village women to become profitable sellers of telecommunications service in their communities.
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Ashoka Fellows are the world’s leading social entrepreneurs. They champion innovative new ideas that transform society’s systems, providing benefits for everyone and improving the lives of millions of people. Ashoka Fellows define the new roadmaps that allow people to thrive in this new environment, while providing solutions and demonstrating the how-tos. They are the ultimate role models in today’s world