“All humans are born entrepreneurs.” That’s how Muhammad Yunus, the inventor of microcredit, thinks about it. He was born in 1940 in what was later to become Bangladesh, one of the poorest countries in the world. While he was studying economics at Chittagong University, he came up with the concept of microcredit. Without any experience in banking, he went on to set up Grameen Bank, a non-profit bank that provides small loans to poor people, without requiring any collateral. His initiative created a microfinancing model that has been adopted all over the globe. In 2006 he was awarded the Nobel Peace Prize and in 2013 President Obama awarded him the Presidential Medal of Freedom, the highest American distinction.