Forum > Any other > Grameen Bank founder wins Nobel Peace prize

Posted by Susan Sharma on December 07, 2006

 

The award of the 2006 Nobel Peace Prize to Muhammad Yunus is a tremendous accomplishment for the founder of Grameen Bank, Bangladesh and for the field of social entrepreneurship.

The media describes Yunus as an economist, professor, or banker, but really why the Nobel Committee selected him is because Yunus is the quintessential global social entrepreneur. His brilliant microcredit strategy is based on unleashing the potential of every person to change his or her life.

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