The Nobel Peace Prize is a worldwide badge of honor, bestowed to an individual who has excelled at promoting peace and fraternity among nations. Recently, the MGH Center for Global Health and the MGH Cancer Center hosted the 2006 Nobel Peace Prize winner Muhammad Yunus, PhD, founder of the Grameen Bank, at a special forum June 7 in the O'Keeffe Auditorium.
Yunus shared his insights about the Grameen Bank, a community development bank he established 30 years ago in Bangladesh that makes small loans to the impoverished without requiring collateral. Citing the need to bring people out of poverty, he described his experiences helping underserved individuals start their own businesses and, in essence, transform their lives. He noted that Grameen Bank, which now has more than seven million borrowers, is owned by the borrowers and operates solely for their benefit. Grameen's next venture will be the development of health care systems in Bangladesh, using the same principles that made Grameen Bank successful.
A video recording of the talk can be viewed at www.massgeneral.org/globalhealth.
NOBEL VISIT: From left, Thomas F. Burke, MD, FACEP, director of the MGH Center for Global Health; Yunus; and Bimalangshu Dey, MD, physician for the MGH Cancer Center