Friday, October 13, 2006

'Banker of the Poor' Wins Nobel Peace

'Banker of the Poor' Wins Nobel Peace


"It will give a significant amount of energy to the whole movement," said Yunus.
DHAKA — In what many saw as a victory for the fight against poverty, the Nobel Peace prize was given this year to Bangladeshi Muhammad Yunus and the Grameen Bank who emerged as the surprise winners of the prestigious prize for their pioneering work in lending to the poor without financial security.
"I think this is a wonderful recognition for our efforts at Grameen Bank, and for all the women who work for us and who have made Grameen Bank a success," Yunus said, expressing his "pride" at winning

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