yunus , whom distributed the 1 . 4 million prize , with the grameen bank that he founded 30 years ago , pioneered the thought of " microcredit . " it allows very rich individuals , who don ' t require for western loans , to get banks of as much as a few dollars in collateral . the banks ' shareholders are the impoverished women it supporting .
Yunus founded the Grameen Bank 30 years ago.