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Muhammad Yunus, a native of Bangladesh, was educated at Dhaka University and was awarded a Fulbright scholarship to study economics at Vanderbilt University. In 1972 he became head of the economics department at Chittagong University. He is the founder and managing director of Grameen Bank, a pioneer of microcredit, which an economic movement that has helped lift millions of families around the world out of poverty. He was awarded the Nobel Peace Prize in 2006. He also received a Presidential Medal of Freedom from President Obama in 2009 and was named one of Fortune's 12 Greatest Entrepreneurs of Our Time in 2012.
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