Nobel Prize in Bangladesh

Dr. Muhammad Yunus ( born 28 June 1940 ) is the first Bangladeshi people who got the Nobel prize around the world. Dr. Muhammad Yunus is a Bangladeshi banker, economist and Nobel Peace Prize recipient. As a professor of economics, he developed the concepts of microcredit and microfinance. These loans are given to entrepreneurs too poor to qualify for traditional bank loans. In 2006 Yunus and Grameen Bank received the Nobel Peace Prize for their efforts through microcredit to create economic and social development from below.Yunus has received several other national and international honours. He was awarded the U.S. Congressional Gold Medal in 2010,and presented with it at a ceremony at the U.S. Capitol on 17 April 2013.