Saturday, October 14, 2006

Homage to Muhammad Yunus
By Naif
Time for some serious stuff-Just recently, Muhammad Yunus received the Nobel Prize in Economics (2006) for his contribution in fighting poverty. Muhammad Yunus is the founder of Grameen Bank which operates by giving out small loans to poor entrepenuers in his country or "microcredits" as they called it. He's labeled as the "Banker of the Poor".

Muhammad Yunus is a Bangladeshi who has a Phd in Economics from Vanderbilt University. His first experience in banking started when he lended $27 to a poor lady in his village. From there he had an idea of creating a bank which provieds access to credit to people too poor to qualify for traditional bank loans.

For me, Muhammad Yunus is a true Muslim idol. With our image seriously being tarnished each day, this kind of news is truly comforting. It just goes to show we Muslims still contribute to the world stage. This is just the kind of man I was hoping for to appear. The poverty and the famine that has scourged his land did not cripple him, but instead provided him the foundation for him to stand up and make a difference. Hats off for a wonderful man and inshaallah he will make "povery history".
"One day our children will go to musuems to see what poverty was
like"-Muhammad Yunus.