Born in Chattogram, Bangladesh, Dr. Mohammad Yunus is best known for his pioneering work in poverty alleviation, as well as for spreading awareness on the concepts of microcredit and microfinance. Founder of the Grameen Bank, in 1983 he created the foundation in hopes of helping fellow Bangladeshis by providing loans to entrepreneurs who are too poor to qualify for traditional bank loans––most of whom are women. Due to this, Dr. Yunus is often credited for making capitalism more socially conscious. Today, replicas of the Grameen Bank operate in more than one hundred countries around the world. After receiving his Ph.D. in economics at Vanderbilt University in 1970, Dr. Yunus became an assistant professor of economics at Middle Tennessee State University. Following this, he returned to his alma mater and directed the economics department at Chittagong University in Bangladesh. Then from 1993 to 1995, Professor Yunus acted as a member of the International Advisory Group for the Fourth World Conference on Women, appointed by the UN’s secretary-general. Additionally, he has been a part of the UN Expert Group on Women, the FinanceGlobal Commission of Women’s Health, and the Advisory Council for Sustainable Economic Development. Aside from the 2006 Nobel Peace Prize, Dr. Yunus has also received numerous international awards for his innovative ideas and commendable work, such as the 1994 World Food Prize, and the 1993 Humanitarian Award.