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Author Topic: The Man Who Gives Money to Poor People  (Read 1484 times)

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The Man Who Gives Money to Poor People
« on: October 01, 2007, 12:54:08 PM »
Muhammad Yunus has come a long way since he first began giving money to poor people in his homeland of Bangladesh 31 years ago.

"I started giving them money out of my own pocket. The first loan I gave was to 42 people, a total of $27," he told ABC News. "And that got them so excited that I thought I should continue with this."

Since then, his revolutionary micro credit organization called the Grameen Bank (which means "village bank" in Bangladesh) has loaned money to 7½ million people and earned Yunus the Nobel Peace Prize.

...read more of this article in <a href="http://abcnews.go.com/Politics/Voices/story?id=3670338&page=1">ABC News HERE</a>

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