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10 Million Bangladeshis Move Above $1.25 A Day
10 Million Bangladeshis Move Above $1.25 A Day WASHINGTON, DC - According to a report released by the Microcredit Summit Campaign, a program of the US-based advocacy group RESULTS Educational Fund, nearly 2 million Bangladeshi households...
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Norwegian Nobel Committee reasserts its support for Professor Muhammad Yunus and Grameen Bank
On 27th of January 2011, the Norwegian Nobel committee has reiterated its support to Professor Yunus and Grameen Bank, in the light of the charges made in the Danish documentary broadcast in Norway "Caught in Microcro-debt", and...
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Professor Yunus Receives Presidential Medal of Freedom
ImagePresident Barack Obama (l) places a 2009 Presidential Medal of Freedom around the neck of Muhammad Yunus at the White House, 12 Aug 2009
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Big results from microcredit
Yunus is the founder of Grameen Bank in Bangladesh, which makes tiny loans for self-employment to some of the poorest people in that country. He is also one of the world's most effective champions of Obama's "yes we can" spirit.
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Prof. Muhammad Yunus & Grameen Bank Awarded The Nobel Peace Prize for 2006
ImageThe Norwegian Nobel Committee has decided to award the Nobel Peace Prize for 2006, divided into two equal parts, to Muhammad Yunus and Grameen Bank for their efforts to create economic and social development from below. Lasting peace can not be achieved unless large population groups find ways in which to break out of poverty. Micro-credit is one such means. Development from below also serves to advance democracy and human rights...
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GB At a Glance

Grameen Bank Project was born in the village of Jobra, Bangladesh, in 1976. In 1983 it was transformed into a formal bank under a special law passed for its creation.
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