Dr. Muhammad Yunus and the Grameen bank have won the Nobel prize in peace this year(2006). Dr. Muhammad Yunus, a renowned economist, started his carrer as professor of Economics. He was educated in Chittagong. He was awarded a USA. He is the founder and Managing Director of the Grameen Bank. Dr. Yunus has devoted himself to poverty alleviation. The bank gives loan to the poor, particularly to the poor women living in villages. Started from a small village Jobra in Chittagong, it has spread worldwide. Yes, I
think so. Women constitute the half of population. So their living condition should be improved. Most of the loaness are women. They have improved their economic condition by taking micro-credit loan. The Nobel laureate is greeted and hailed highly with great interest and enthusiasm. The leaders and people of Japan, Korea, Oslo etc received him cordially. It is needless to say that he has got the most prestigious prize-The Nobel Prize. As a Bangladeshi he has enhanced the honour and prestige of Bangladesh all over the world.