"The journalists kept pestering him: 'What is this programme? How dare you think that something that works in Bangladesh can work in the U.S?' It was in this context that Clinton said, 'This guy deserves the Nobel Prize.' "
Dr. Yunus and Grameen Bank of Bangladesh wins Nobel Peace Prize, 2006.
It's a great, great honor!
... When tiny, tiny things start happening a million times, it becomes a large thing. It lays down the foundation of a strong economic base. With women participating in building this economic base, it becomes the foundation for better social and economic future ...
In the future the question will not be, "Are people credit-worthy", but rather, "Are banks people-worthy?"
The bank that started off with only $27 in 1976, now has 6.6 million borrowers, of which 97% are women. Even beggars are eligible to get Grameen loans, without interests. The micro-credit schemes of Dr. Yunus was introduced in different countries all over the world [that included the Clintons introducing it to some of the poorest communities in Arkansas, in the United States].
happy pictures of the win!