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Nobel Peace Prize 2006~C4Chaos said Oct 13, 2006, 2:24 AM: |
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“People can change their own lives, provided they have the right kind of institutional support. They're not asking for charity, charity is no solution to poverty. Poverty is the creation of opportunities like everybody else has, not the poor people, so bring them to the poor people, so that they can change their lives.” Congratulations to Muhammad Yunus and Grameen Bank for being awarded the Nobel Peace Prize 2006 “for their efforts to create economic and social development from below.” Source: Nobel Peace Prize Interview with Muhammad Yunus after being awared the 2006 Nobel Peace Prize
The Nobel Peace Prize for 2006The Norwegian Nobel Committee has decided to award the Nobel Peace Prize for 2006, divided into two equal parts, to Muhammad Yunus and Grameen Bank for their efforts to create economic and social development from below. Lasting peace can not be achieved unless large population groups find ways in which to break out of poverty. Micro-credit is one such means. Development from below also serves to advance democracy and human rights. Read more… This is a statement that the path towards peace is paved with conscious and compassionate economics. Here's to all the social entrepreneurs! Kudos to all awardees of the Nobel Prize. Thanks for changing our worlds. |
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Re: Nobel Peace Prize 2006~C4Chaos said Oct 13, 2006, 3:46 PM: |
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An interview with Nobel Peace Prize winner, Muhammad Yunus. (Fortune Magazine) – Forget billion-dollar development projects. When Bangladeshi economist Muhammad Yunus surveyed a poor village in the mid-1970s and found that all the money borrowed totaled just $27, he set out to create a new kind of bank - one that would give small loans to the poorest persons, particularly women, without collateral. With just a few dollars, the poor would become entrepreneurs and pull themselves out of poverty, taking Bangladesh along with them. Today the grandfather of microcredit presides over an improbably profitable banking enterprise that is far along in meeting those lofty goals. Fortune caught up with Yunus on his way to the Clinton Global Initiative, where he would talk about his Grameen Bank's $5.7 billion in loans, $31,000 in education scholarships and how his newest venture, Grameen Danone Foods, would help lift Bangladesh from poverty by 2015. |
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