These Shapur Savar villagers near Dhaka in Bangladesh, have received a better life for their families after taking out Grameen Bank loans.
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| Mini-loans Make a Maxi Difference and Win the Nobel Peace Prize |
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| Muhammad Yunus and the Grameen Bank of Bangladesh will be awarded the Nobel Peace Prize on Dec. 10th for their work in making micro-loans to the poor. The Nobel Prize committee said, “across cultures and civilizations, Yunus and Grameen Bank have shown that even the poorest of the poor can work to bring about their own development. Micro-credit has proved to be an important liberating force in societies where women in particular have to struggle against repressive social and economic conditions.” |
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Click on the links below for more information:
Grameen Bank Website
Muhammad Yunus
Nobel Peace Prize
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