Today, Prof. Yunus received the Medal of Freedom from President Barack Obama. This is the highest honor given to a civilian by the United States.
Obama remarked – “With his belief in the self-reliance of all people, Professor Muhammad Yunus has altered the face of finance and entrepreneurship. As an academic, he struggled with pervading economic theories and their effects on the people of his native Bangladesh. Yearning for a new way of lifting people out of poverty, he revolutionized banking to allow low-income borrowers access to credit. In the process, he has enabled citizens of the world’s poorest countries to create profitable businesses, support their families and help build sustainable communities. In so doing, Muhammad Yunus has unleashed new avenues of creativity and inspired millions worldwide to imagine their own potential.”