Winner of the Nobel Peace Prize in 2006, the Grameen Bank was founded to offer small, collateral free loans to the rural poor of which country?
2006 Nobel Peace Prize 50 honorary doctorate degrees from universities across 20 countries, and 113 international awards from 26 different countries including state honours from 10 countries. Bangladesh government brought out a commemorative stamp to honour his Nobel Award. 2006 Nobel Peace Prize The 2006 Nobel Peace Prize was awarded to Muhammad Yunus and Grameen Bank "for their efforts through microcredit to create economic and social development from below". Yunus was awarded the 2006 Nobel Peace Prize, along with Grameen Bank, for their efforts to create economic and social development. In the prize announcement The Norwegian Nobel Committee mentioned: Yunus was the first Bangladeshi
2006 Nobel Peace Prize 2006 Nobel Peace Prize The 2006 Nobel Peace Prize was awarded to Muhammad Yunus and Grameen Bank "for their efforts through microcredit to create economic and social development from below". Yunus was awarded the 2006 Nobel Peace Prize, along with Grameen Bank, for their efforts to create economic and social development. In the prize announcement The Norwegian Nobel Committee mentioned: Yunus was the first Bangladeshi to ever get a Nobel Prize. After receiving the news of the important award, Yunus announced that he would use part of his share of the $1.4 million award money to create a company to