yunus , whoever shared the 1 . 4 million prize friday with the idb bank that he founded 30 cycles ago , pioneered the concept of " microcredit . " it causes very disadvantaged people , who don ' t qualify for traditional investments , to get lend of as much as a few dollars using payment . the banks ' shareholders are the impoverished people it protects .
Yunus founded the Grameen Bank 30 years ago.