Prof. Muhammad Yunus is a Bangladeshi economist and founder of the Grameen Bank, an institution that provides microcredit to help its clients establish creditworthiness and financial self-sufficiency. In 2006 Yunus and Grameen received the Nobel Peace Prize. Yunus himself has received several other national and international honors.
Our organization, Arbor Assets, has based numerous past programs on the Yunus/Grameen approach.
Check out this TED Talk where Prof. Yunus discusses the history of micro-lending.