do you know who is the winner of nobel prize in peace during this year ?

Answer 1

Born- June 28, 1940 ,Chittagong, Bangladesh
Occupation- Founder, Grameen Bank
Spouse- Afrozi Yunus

Dr. Muhammad Yunus, Ph.D. (Bengali: মুহাম্মদ ইউনুস, pronounced Muhammod Iunus) (born June 28, 1940), is a Bangladeshi banker and economist. He is the developer and founder of the concept of microcredit, the extension of small loans 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 international honors, including the ITU World Information Society Award, Ramon Magsaysay Award, the World Food Prize and the Sydney Peace Prize. He is the author of Banker to the Poor and a founding board member of Grameen Foundation.

In 1976, Yunus founded the Grameen Bank (Grameen means "of rural area", "of village") to make loans to poor Bangladeshis. The Grameen Bank has issued more than US$ 5.1 billion to 5.3 million borrowers. To ensure repayment, the bank uses a system of "solidarity groups". These small informal groups apply together for loans and its members act as co-guarantors of repayment and support one another's efforts at economic self-advancement. As it has grown, the Grameen Bank has also developed other systems of alternate credit that serve the poor. In addition to microcredit, it offers education loans and housing loans as well as financing for fisheries and irrigation projects, venture capital, textiles, and other activities, along with other banking services such as savings.

The success of the Grameen model has inspired similar efforts throughout the developing world and even in industrialized nations, including the United States. The Grameen model of micro financing has been emulated in 23 countries. Many, but not all, microcredit projects also retain its emphasis on lending specifically to women. More than 96% of Grameen loans have gone to women, who suffer disproportionately from poverty and who are more likely than men to devote their earnings to their families.

Muhammad Yunus was awarded the 2006 Nobel Peace Prize, along with Grameen Bank, for "their efforts to create economic and social development from below."He is the first and so far only Bangladeshi to win the prestigious award. The award also marked a shift away from the conventions by awarding it to someone who worked to promote peace indirectly through economic upliftment of the masses..

Answer 2

Prof. Muhammad Yunus & Grameen Bank Awarded The Nobel Peace Prize for 2006

Answer 3

Dr. Muhammad Yunus and Grameen Bank

Answer 4

Its Mr.Younis Khan the founder of Grameen Bank in Bangladesh which has popularised the unique system of Microcredity which lends money in small amount to poor Bangladeshi wowen and help to improve their life. And one more thing the repayment of the loans by the borrowers in this bank above 90% which is amazing.

Answer 5

Muhammad Yunus, for his concept of rural economy and its development through Gramin Banks.

Answer 6

MUHAMMAD YUNUS and GRAMEEN BANK for their efforts to create economic and social development

Answer 7

It should go to Bill Gates for his valiant efforts in the capitalist marketplace. He's never caused a war, been in a war, nor fired a missile in his life. A true pacifist. Lo, they're not giving it to this great role model, though. They're giving it to someone named Younis...who isn't even rich!

Answer 8

mohammed yunus of bangladesh for his grameen bank and his microcredit scheme. go to www.nobelprize.org