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Friday, October 13, 2006

muhammad yunus wins nobel peace prize!

Long-time readers of It Seems to Me... (both of you) know I'm a big advocate of microlending. So I'm very pleased to see that the 2006 Nobel Peace Prize has been awarded to microlending pioneer Muhammad Yunus. Yunus started the Grameen Bank in the 1970s, after trying unsuccessfully to obtain bank loans on behalf of impoverished entrepreneurs in his home country of Bangladesh. Other organizations, such as FINCA and Opportunity International, have joined the efforts in what has become a global phenomenon. Newcomer Kiva has taken microlending a step further, allowing individuals to loan directly to developing world entrepreneurs. If you're not familiar with microlending, check it out. It's an easy way to make a significant, lasting difference in someone's life.

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At 10/24/2006 7:49 PM, Anonymous Anonymous said...

Hi Bruce,

Thanks for the blog about microfinance. It certainly comes at a time when the general awareness of microfinance as an effective poverty eradication tool has been heightened. Yet, one does not need to be a Nobel Peace Prize winner to make an impact! Thank you also for mentioning You've given your readers a unique opportunity to participate in healing the world, in a relevant and practical manner!


Tim (volunteer with

At 10/31/2007 10:04 PM, Anonymous said...

You may have heard of RESULTS and its global microcredit summits?
Its founder Sam Daley Harris is visiting Wichita KS to give a talk and inspire the natives here to act locally and champion global poverty eradication.
if you want more info. to to:


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