Yunus’ idea has spread around the world.
Now, many banks are trying microfinancing.
In fact, economists believe that microfinancing is one of the best ways to develop a poor nation.
When people do not live in poverty, there is a greater chance for national peace.
That is why Yunus and the Grameen Bank won the Nobel Peace Prize in 2006.
Officials of the Nobel Prize believe the work of Mr. Yunus can create lasting peace.
One official said, “The bank’s work creates chances for many people to get out of poverty.
This creates the conditions for lasting peace.
Development such as this is useful in human rights and democracy.
Today there are few things peace researchers and other scholars readily agree on.
But they do agree democracy and human rights create peace and move it forward.”
Yunus was very happy to accept the Nobel Prize.
He received an award as well as money.
Yunus wants to use the money to find new ways to help poor people.
Yunus will continue to create peace by helping the poor.
Helping poor people can create peace?
This is a very interesting link.
Imagine if we all could help the poor people in our own communities.
In this way, we would all be working towards peace.
Maybe one day the whole world could win a peace prize.