Tag Archive for 'Nobel Prize'

The Banker to the Poor wins 2006 Nobel Peace Prize

That prize couldn’t have gone to a more deserving person.

Muhammad Yunus of Bangladesh is the founder of Grameen Bank, a bank that’s pioneered using microloans in 3rd world countries to rid the world of poverty. It’s been a phenomenal success in every way, including financially.

You can read more about him and his bank from his excellent autobiographical book Banker to the Poor: Micro-Lending and the Battle Against World Poverty.