Nobel Peace Prize winner, Muhammad Yunus, shares his insights on a world without poverty with Stephanie Kinnunen, NEED CEO and Co-Founder. photo | Thomas Lee

“Muhammad Yunus has shown himself to be a leader who has managed to translate visions into practical action for the benefit of millions of people.”
—the Nobel Committee   Muhammad Yunus, along with the Grameen Bank, was awarded the 2006 Nobel Peace Prize for his efforts to further social and economic development. “Muhammad Yunus has shown himself to be a leader who has managed to translate visions into practical action for the benefit of millions of people, not only in Bangladesh, but also in many other countries. Loans to poor people without any financial security had appeared to be an impossible idea,” states the Norwegian Nobel Committee prize announcement. “From modest beginnings three decades ago, Yunus has, first and foremost through Grameen Bank, developed microcredit into an ever more important instrument in the struggle against poverty.”

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MUHAMMAD YUNUS INTERVIEW

Question 1: What was the initial start to Grameen Bank, and how many people are now empowered by the expansion of the Grameen programs?

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for more on the Grameen Foundation visit: www.grameenfoundation.org

This entry was posted on Thursday, October 23rd, 2008 at 10:34 am and is filed under Interviews, NEED Magazine, Organizations. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.