
Nobel laureate Muhammad Yunus
2006 Nobel Peace Prize
Congratulations to Muhammad Yunus and Grameen Bank
New: World map with messages of congratulation from around the world
View video and text of Muhammad Yunus' Nobel Peace Prize Lecture
Thank you to the thousands of people from around the world who sent their personal congratulations to Muhammad Yunus and the Grameen Bank on winning the 2006 Nobel Peace Prize: Read some of the messages from around the world
Then, learn how you can take action against poverty along with others in your community. You can also view the Nobel Prize ceremony and other programming about Muhammad Yunus and Grameen Bank.
Our 2006 Nobel Peace Prize Blog gave the world an insider's view on the events surrounding the Nobel Prize celebration, as well as providing a forum for learning and discussion. We have kept it archived for your reference and enjoyment.
How it all started
Started in 1976 by Professor Muhammad Yunus with a mere $27 from his own pocket, Grameen Bank today serves more than six million poor families with loans, savings, insurance and other services. The bank is fully owned by its clients and has been a model for microfinance institutions around the world.
Microfinance: a powerful poverty-fighting tool
Microfinance helps people to escape poverty by giving them collateral-free loans and other financial services to support income-generating businesses. As each loan is repaid, the money is redistributed as loans to others, thereby mulitiplying its impact.
About these pages
Grameen Foundation teamed with RESULTS, the Microcredit Summit Campaign, and the ONE Campaign to bring you opportunities to celebrate and take action around the 2006 Nobel Peace Prize. We hope that you find the site educational and inspiring.