I have been a big fan of Grameen Bank and the microcredit system since I first heard about it some years ago. I am very happy that the 2006 Nobel Peace Prize has been awarded to Muhammad Yunus. In this youtube video, you see the announcement of this prize.
In an article on the Norwegian online newspaper "Nettavisen", Yunus is quoted as saying that donor countries like Norway needs to move away from donating funds directly to the (often corrupt) governments in the developing world, and rather work more with organizations or help through microcredit initiatives.
In an article on the Norwegian online newspaper "Nettavisen", Yunus is quoted as saying that donor countries like Norway needs to move away from donating funds directly to the (often corrupt) governments in the developing world, and rather work more with organizations or help through microcredit initiatives.
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