In October, Nobel laureate Professor Muhammad Yunus came to Sciences Po for an hour-long discussion with students at the Sciences Po School of Public Affairs. In the video, Muhammad Yunus reflects on the achievements of Grameen Bank, the microfinance company he created 40 years ago in Bangladesh to allow people with very low incomes to borrow money without collateral.
Muhammad Yunus is a pioneer of both social business and microcredit. In addition to Grameen Bank, he has founded more than 50 other companies in Bangladesh. For his constant innovation and enterprise, Fortune Magazine named Professor Yunus “one of the greatest entrepreneurs of our time” in March 2012. In 2006, Professor Yunus and Grameen Bank were jointly awarded the Nobel Peace Prize. In 2016, the United Nations Secretary-General appointed him a Sustainable Development Goal Advocate.