Muhammad Yunus topic
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Muhammad Yunus (, pronounced ) (born 28 June 1940) is a Bangladesh bank and economist. He previously was a professor of economics and is famous for his successful application of microcredit - the extension of small loan. These loans are given to entrepreneur too poor to qualify for traditional bank loans. Yunus is also the founder of Grameen Bank. In 2006, Yunus and the bank were jointly awarded the Nobel Peace Prize, "for their efforts to create economic and social development from below."...
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