/ 13 October 2006

Yunus, bank win Nobel Peace Prize

The Nobel Peace Prize was awarded on Friday to Muhammad Yunus of Bangladesh and the Grameen Bank which offers loans to poor people without any financial security.

”Lasting peace cannot be achieved unless large population groups find ways in which to break out of poverty. Micro-credit is one such means,” said a statement from the Norwegian Nobel Committee.

Yunus himself told Norway’s NRK public television by telephone that he was ”delighted, really delighted”.

”You are endorsing a dream to achieve a poverty-free world,” he said. – AFP

 

AFP