Dr. Yunus Wins Peace Nobel For Anti-Poverty Efforts

DyingSoul · #1 (**permalink**) 10-13-2006, 05:25 PM

Muhammad Yunus of Bangladesh, managing director of the Grameen Bank, was awarded the Nobel Peace Prize on Friday (13th October) for his efforts toward eradicating world poverty.

Prize also awarded to Grameen Bank, which Yunus established

Bangladesh's Grameen Bank and its founder Muhammad Yunus shared the 2006 Nobel Peace Prize on Friday for lending to the poorest of the poor in a grassroots drive to end world poverty.

Oct. 13 -- Bangladesh's Muhammad Yunus and the Grameen Bank won this year's Nobel Peace Prize for working to advance economic and social development among the poor, the Nobel Committee said today.

Yunus, born in 1940, founded the Grameen Bank which provides credit to the poor in rural Bangladesh without any collateral. The so-called micro-credit system has spread to several countries around the world.

"Lasting peace can not be achieved unless large population groups find ways in which to break out of poverty,'' said Ole Danbolt Mjoes, director of the Nobel Committee, which picks the winner. "Micro-credit is one such means. Development from below also serves to advance democracy and human rights.''

The peace prize, worth 10 million kronor ($1.4 million), was created in the will of Swedish industrialist Alfred Nobel more than a century ago. The five-member Nobel committee keeps nominations secret. Of the 191 nominees for this year's award, 168 were for individuals and the rest for organizations.

"The prize should be awarded to the person who shall have done the most or the best work for fraternity between the nations, for the abolition or reduction of standing armies and for the holding and promotion of peace,'' Nobel's will says.

The award is formally awarded at a ceremony in Oslo on Dec. 10, the anniversary of Nobel's death in 1896. Nobel also set up prizes for achievements in physics, medicine, economics, chemistry and literature, which are handed out by the Stockholm-based Nobel Foundation.

alana · #2 (**permalink**) 10-13-2006, 05:34 PM

i m so so so happy to hear that..nd after a long time ppl of Bangladesh again got something to b feel proud...congratulation to Dr.Yunus..nd i thank him from the bottom of my heart to give us the opportunity to b proud of ourselves once again...today its time to national celibretion

...yay!!

SilensOfTheLambs · #3 (**permalink**) 10-13-2006, 05:37 PM

Good News Indeed.Its really a Honor for Our Country.

Congrats to Him.

}|Serial_Killer|{ · #4 (**permalink**) 10-13-2006, 08:55 PM

yeah great news. Something we have to cheer about after many yearz !

i know there are some infinite debates on grameen bank , how it works and other things and its true also they are not just "rumor for rumor".

But whatever that is , whoever he is , he is our national pride now . So , congratulation to him !

darkcrunk · #5 (**permalink**) 10-13-2006, 10:45 PM

I just heard the news and I am almost breathless about the whole deal. Took some time to gulp the whole thing down though .. amazing .. God bless Dr. Yunus

Wasif · #6 (**permalink**) 10-13-2006, 11:28 PM

Dr. Yunus is a real pride of BD...if every1 on bd kud b like him it wud b much better living here...he is a pure genius

Icy · #7 (**permalink**) 10-13-2006, 11:50 PM

Pretty much good news .. Congrats Dr. Yunus..

Force_Recon · #8 (**permalink**) 10-13-2006, 11:54 PM

YAHOOOOOOOOOOOO!!!!!Go BD!!!

shiny · #9 (**permalink**) 10-14-2006, 12:42 AM

oooooooeee yea! now finally ppl got somtin else 2 brag about

... no but really, i kinda enjoyed this info n m really proud 2 share a country wit Dr. Yunus!

dead_eyez · #10 (**permalink**) 10-14-2006, 12:52 AM

Being a bangali feelin very very proud of this..he appears as the national hero of BD...chears to him...god bless dr. yunus.....Prof. Yunus has been awarded 27 honorary degrees and 15 special awards...

Quoted from his voice: “One day our grandchildren will go to museums to see what poverty was like.” — quoted in "The Independent", 5 May 1996.

his awards: (national & international)

.Prof. Yunus has been awarded 27 honorary degrees and 15 special awards...

1978 — President's Award, Bangladesh
1984 — Ramon Magsaysay Award, Philippines
1985 — Bangladesh Bank Award, Bangladesh
1987 — Shwadhinota Dibosh Puroshkar (Independence Day Award), Bangladesh
1989 — Aga Khan Award For Architecture, Switzerland
1993 — CARE Humanitarian Award
1994 — Winner of the World Food Prize
1996 — Winner of the Simón Bolívar Prize of UNESCO
1998 — Receives Prince of Asturias Award
1997 — Receives Help for Self-help Awardof Strømme Foundation, Norway
1998 — Winner of the Sydney Peace Prize
2004 — Winner of The Economist newspaper's Prize for social and economic innovation.
2006 — Mother Teresa Award, Kolkata, India
2006 — 8th Seoul Peace Prize
2006 — Nobel Peace Prize, shared with Grameen Bank
And 47 others, for a total of 61.