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Muhammad Yunus won the Nobel Peace Prize in 2006 for pioneering which revolutionary financial concept?

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Correct answer: Microfinance

Muhammad Yunus founded the Grameen Bank to provide small, collateral-free loans to impoverished entrepreneurs, especially women. This microfinance system helped lift millions out of poverty and has been replicated in dozens of countries worldwide. Photo: Press Information Department, Wikimedia Commons, Public domain.

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Source: Wikipedia (CC BY-SA)

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