Enjoy the announcement video of the Nobel committee chairmen where he revealed the winners of the Nobel peace prize for 2006 — Dr. Muhammad Yunus and Grameen Bank
A special Program with Muhammad Younas Nobel peace prize winner in A Morning with Farah in Serena Islamabad. Muhammad Yunus (born Jun 28, 1940) is a Bangladeshi banker and economist. He previously was a professor of economics and is famous for his successful application of microcredit – the extension of small loans. These loans are given to entrepreneurs too poor to qualify for traditional bank loans. Yunus is also the founder of Grameen Bank. In 2006, Yunus and the bank were jointly awarded the Nobel Peace Prize, “for their efforts to create economic and social development from below.Yunus himself has received several other national and international honors. He is the author of Banker to the Poor and a founding board member of Grameen Foundation. In early 2007 Yunus showed interest in launching a political party in Bangladesh named Nagorik Shakti (Citizen Power), but later discarded the plan. He is one of the founding members of Global Elders.

“Mamma Mia!” helmer Phylidda Lloyd is developing a feature project inspired by economist Muhammad Yunus’ revolutionary concept of micro-financing. Professor Yunus, who won the Nobel Peace Prize in 2006 for his work, pioneered the use of micro-loans to people — predominantly women — in poor communities; program saw sums of as little as $27 loaned out, which allowed fund recipients to lift themselves up from poverty.
His Grameen bank has since loaned over $6 billion in Bangladesh and his work has been duplicated in more than 100 countries.
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Milla & Tom : )