By Rob Katz and Al Hammond
Muhammad Yunus and his Grameen Bank that he founded have received the 2006 Nobel Peace Prize for their pioneering work on microfinance (read NextBillion’s blog).
Yunus founded the bank in 1976 to provide microfinancing
Rob Katz, AssociateRobert Katz researches private sector approaches to development as part of the Markets and Enterprise Program. He is a principal analyst of household survey data for “The Next 4 Billion,” and managing editor of NextBillion.net.
