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In 1994, Grameen Bank received the Independence Day Award, which is the highest government award. 13 October 2006, the Nobel Committee awarded Grameen Bank and its founder, Muhammad Yunus, the 2006 Nobel Peace Prize "for their efforts to create economic and social development from below." [49] The award announcement also mentions that:
Yunus was awarded the Nobel Peace Prize in 2006 for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance. [2] Yunus has received several other national and international honors, including the United States Presidential Medal of Freedom in 2009 and the Congressional Gold Medal in 2010. [ 3 ]
Banker to the Poor: Micro-Lending and the Battle Against World Poverty is an autobiography of 2006 Nobel Peace Prize Winner and Grameen Bank founder Muhammad Yunus. The book describes Yunus' early life, moving into his college years, and into his years as a professor at Chittagong University. While a professor at Chittagong University, Yunus ...
Yunus and the Grameen Bank were awarded the Nobel Peace Prize in 2006, after lending a total of about $6 billion in housing, student and micro-enterprise loans, and specifically in support of ...
The Nobel laureate Muhammad Yunus, founder of Grameen Bank, is credited with lifting millions out of poverty in the country of Bangladesh. Grameen became famous for pioneering the concept of ...
The origins of microcredit in its current practical incarnation can be linked to several organizations founded in Bangladesh, especially the Grameen Bank. The Grameen Bank, which is generally considered the first modern microcredit institution, was founded in 1983 by Muhammad Yunus. [2] Yunus began the project in a small town called Jobra ...
After Prof. Muhammad Yunus and the Grameen Bank received the Nobel Peace Prize in October 2006, a personal office for Prof. Yunus under the name of ‘Yunus Secretariat’ was formed. From the very beginning on, the Yunus Secretariat was mainly aiming at promoting Prof. Yunus’ philosophy of social business and served as a one-stop resource ...
The commission summoned Yunus, chairman of Grameen Telecom, over $2.28 million from the company’s Workers Profit Participation Fund. Bangladesh's anti-graft watchdog quizzes Nobel laureate ...