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October 13, 2006
2006 Nobel Peace Prize: Muhammad Yunus
Thumbs up to Muhammad Yunus and the Grameen Bank, the 2006 Nobel Peace Prize winners. Mr. Yunus won the award for pioneering the practice of microcredit to help the empoverished break free of the shackles imposed by poverty.
In many countries, people are relegated to slave status while repaying loans as little as tens to hundreds of dollars. To date, the lives of over 17 million people have been improved by microcredit programs.
Chalk one up for social-entrepreneurism!
Posted by Jason at October 13, 2006 3:35 PM
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