Saturday, October 14, 2006

Congratulations to Muhammed Yunus

Muhammed Yunus, the architect of micro-credit, an innovative banking loan program that helps the poor afford everyday tools to better their welfare, and the bank he founded, Grameen Bank, have been awarded the 2006 Nobel Peace Prize.

The bank he founded gives credit to those in poverty.

Upon hearing that he was awarded the prize, the Bangladeshi professor said this was great news for the whole nation.

Here's a terrific story about him on the Third World Travelor web site.

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