The document provides background information on Muhammad Yunus and the Grameen Bank microcredit program he founded in Bangladesh. Some key points:
1. Muhammad Yunus founded Grameen Bank in 1983 to provide small loans to poor villagers to start businesses.
2. Grameen Bank has now loaned over $8 billion to over 8 million borrowers, with a 98% repayment rate. 64% of members have been lifted out of poverty.
3. Yunus and Grameen Bank were awarded the Nobel Peace Prize in 2006 for their work in microcredit and alleviating poverty. Microcredit aims to help the poor build sustainable businesses to support themselves through small, affordable loans.
9. Nobel Peace Prize Mosammat Taslima Begum We must address the root causes of terrorism to end it for all time to come. I believe that putting resources into improving the lives of the poor people is a better strategy than spending it on guns.” Muhammad Yunus “ I believe terrorism cannot be won over by military action. Terrorism must be condemned in the strongest language. We must stand solidly against it, and find all the means to end it. Muhammad Yunus
33. 10. We shall drink water from tubewells. If it is not available, we shall boil water or use alum
34. 11. We shall not take any dowry at our sons' weddings, neither shall we give any dowry at our daughters wedding. We shall keep our centre free from the curse of dowry. We shall not practice child marriage.
35. 12. We shall not inflict any injustice on anyone, neither shall we allow anyone to do so.
36. 13. We shall collectively undertake bigger Investments for higher incomes.
37. 14. We shall always be ready to help each other. If anyone is in difficulty, we shall all help him or her.
38. 15. If we come to know of any breach of discipline in any centre, we shall all go there and help restore discipline.
39. 16. We shall take part in all social activities collectively.
Nobel Laureate Muhammad Yunus at the Nobel Peace Prize Award Ceremony at Oslo City Hall, 10 December 2006.
Mosammat Taslima Begum (left), representing Grameen Bank, and Muhammad Yunus pose with their Nobel Peace Prize Medals and Diplomas.
Muhammad Yunus delivering his Nobel Lecture at the Oslo City Hall, 10 December 2006.
Crown Princess Mette-Marit and Crown Prince Haakon of Norway, Nobel Peace Prize Laureate Muhammad Yunus, Mosammat Taslima Begum (representing Grameen Bank), and Their Majesties King Harald V and Queen Sonja of Norway at Oslo City Hall, 10 December 2006
Muhammad Yunus visiting the Nobel Museum in Stockholm, 12 December 2006.