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In 2006 the Grameen Bank founder Muhammad Yunus,  won the Nobel Peace Prize,in honor of creating a new way to lend the poor and to contribute fighting against poverty in the world’s efforts.

 

The Norwegian Secret Committee, consisting of five members, in a statement, made a declaration that Yunus and Grameen Bank won the Nobel Peace Prize "shared equally between them" for their efforts to create economic and social development in the lower classes. Grameen Bank in Bangladesh, and its economic founder Muhammad Yunus, won the Nobel Peace Prize on Friday, October 13th for the ongoing efforts in fighting against poverty allover the world, lending the poor, and removing the risk of poverty for millions of people, as the bank earned the title of "Bank of the Poor." Yunus founded a new kind of bank in 1976, which grants loans for the country's poor, particularly women, enabling them to make small business management projects without a guarantee, founding a new system of microcredit quote in various destinations in the world.

 Muhammad Yunus expressed his opinion minutes after he awarded the prize, in a telephone interview with Norwegian TV that he was totally surprised, saying “I cannot believe it, I am very grateful for that important news, not only for me but for all people in the world who have benefited from microcredit.”

 

 

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