World Bugs: Issue Tracking

Bugs are made.

Sunday, December 24, 2006

Man faces poverty

This man is a bit strikinig in the intention and accomplishment. His name is Muhammad Yunus and he stated bluntly on poverty when accepting a Nobel Peace prize:

"Poverty does not belong in civilized human society. Its proper place is in a museum."
He has reduced poverty throughout the land of Bangladesh. With his banks, self-funded, he has spent the last 30 years granting small loans to the poor. Many the loans given were for starting businesses of their own, and has, with loans of this and other types, loaned 6 billion dollars with the average loan being $130. These loans were aslo breaking the mold with models of trust, not of making contractual security, just that of trusting those taking loans would be repaying them.

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