At Stanford and UC Davis, he explored such topics as irrigation investment, genetically modified cotton, and microcredit programs for rural poor. (sciencemag.org)
13, 2006: This distinguished Nobel Peace Prize recipient pioneered the use of microcredits through the Grameen Bank, which he established in his native Bangladesh in 1983; many for - profit and nonprofit ventures these days utilize the same concept when investing in underprivileged regions. (careerdigital.com)
Of course development has evolved with microcredit and grants to empower local entrepreneurs. (inc.com)