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Bangladesh's Grameen Bank and founder Muhammed Yunus win Nobel peace prize

Bangladesh's microcredit institution Grameen Bank and its founder Muhammad Yunus won the Nobel Peace Prize for 2006 for efforts in making funds available to the poorest of the poor through a grassroots organization.
Posted : Fri, 13 Oct 2006 11:02:01 GMT
Author : Abdul-Salaam Masheer
Category : General
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STOCKHOLM: Bangladesh's microcredit institution Grameen Bank and its founder Muhammad Yunus won the Nobel Peace Prize for 2006 for efforts in making funds available to the poorest of the poor through a grassroots organization.

The committee that decided on Yunus and the new kind of bank that he set up in 1976 in Bangladesh in 1976, said, "Across cultures and civilizations, Yunus and Grameen Bank have shown that even the poorest of the poor can work to bring about their own development."

"Lasting peace cannot be achieved unless large population groups find ways in which to break out of poverty. Yunus' goal was to end poverty in the world."

Yunus, 66, had created the concept of Grameen Bank to give credit to the very poorest in Bangladesh, particularly women, enabling them to be independent and self-reliant by starting small businesses without collateral. The system, which came to be known as microcredit, has now been copied in more than 100 nations.

The Nobel committee said the award to Yunus and Grameen Bank is "for their efforts to create economic and social development from below."

Yunus and Grameen Bank get 10 million Swedish crown ($1.36 million). There were 191 candidates vying for the prize.

Yunus reacted, saying, "This is fantastic, unbelievable. Thank you."

Yunus, after returning from a Fulbright scholarship in the U.S., found the shocking reality of the 1974 Bangladesh famine on the country's villages and realized that women were in severe debt. His initial efforts to involve regular banks to extend credit failed. It was then that he decided to prove the existing system wrong and set up Grameen, meaning village. The organization has disbursed $5.72 billion in credit to the poorest among the people in the country so far and surprisingly collected back $5.07 billion, ensuring a recovery rate of 98.85 per cent.

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Article : Bangladesh's Grameen Bank and founder Muhammed Yunus win Nobel peace prize
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Thanks
By: Sajal , Sun, 25 Feb 2007 16:01:08 GMT

Simply Nise. We are proud of you.

Pls, You can do something for our country.


Proposed Road Map of SAU
By: SAULAT KAMRAN , Tue, 06 Feb 2007 11:57:33 GMT

Proposed Road Map of SAU


. Marching a step ahead to form South Asian Union (SAU) is good sign for the people of the region. We may be of different cultures, religions, languages etc but we all are human and descendents or genealogy of first parents-Adam and Eve (p.b.u.t.).
We all have to come closer and make ourselves ambitious to lay down the foundation of the Union. Proposed 44 countries are mentioned below:
Saudi Arabia, Yemen, Oman, United Arab Emirates, Qatar, Bahrain, Kuwait, Iraq, Jordan, Lebanon, Palestine, Syria, Turkey, Cyprus, Iran, Azerbaijan, Turkmenistan, Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, Afghanistan, Pakistan, India, Nepal, Bhutan, Bangladesh, Sri Lanka, Maldives, Myanmar, Thailand, Laos, Cambodia, Vietnam, Malaysia, Singapore, Indonesia, , Brunei, China, Mongolia, North Korea, South Korea, Japan and Philippine.

Process of South Asian Union (SAU) Implementation

1. Forming union by including 44 countries as mentioned above.
2. The Nations of the region can form South Asian Parliament by approving the appointment of Presidents, Kings, Prime ministers, Foreign ministers, Home ministers, Defense ministers & ministers for trade & commerce as members of the SAU parliament.
3. Establishing a powerful single currency like EURO, for example South Asian Currency (SACU) or dollar or any other selected by the forum. And valuation can be fixed by averaging the currency values of the nations concerned.
4. Abolishing visa system in order to promote traveling freely, and adopting free trade among the regional countries.
5. Forming a joint military council to establish security of state, countries of the union & for common people.
6. Paving ways for the people of the Union to seek jobs according to their capabilities.
7. Making good uses of cultural and sports organizations through which the participating nations can establish their identity to understand each other.
8. Funding should be made by member nations to establish Research Centers for medicines, incurable diseases, and science & technology for the benefit of general people.
9. Establishing Bank such as Union Bank of South Asia to educate mass population, provide fund for natural disaster. Also making ways to drive homeless and astray people into employment through cottage industries to make their livelihood better so as to stop them from becoming smugglers, miscreants, or terrorists.
10. Regarding child labor, concrete steps should be taken by providing free education established by the Union in the form of NGO. Orphans to be included in this establishment.
11. Each state should be responsible to stop smuggler from drug/ arms trafficking. Also find ways to stop women & children trafficking.
12. State to State disputes should be resolved for the best interest of the people. If necessary, the SAU may be called in the process of settlement.

Yours,
Saulat Kamran
E-Mail Address: saulat@dhaka.net
Website: http://www.southasianunion.net
House No -28, Road No-4, Dhanmandi R/A.
Dhaka, Bangladesh


Subject: A proposal to build a South Asian Union (SAU) like European Union by expanding SAARC states.
By: SAULAT KAMRAN , Sun, 04 Feb 2007 00:31:03 GMT

Subject: A proposal to build a South Asian Union (SAU) like European Union by expanding SAARC states.
His Excellencies,
Presidents, Prime Ministers, Kings, Head of Governments & States, Political & Religious Leaders, Intellectuals, Educationists, Economists, Welfare Organizations, Mass People of South Asian region.
Peace be upon all of you, history is repeating from the creation of human life till now and will be repeated until the last final judgment of Creator. Actually, Creator created us as his best creation of life but we divided it into different nations, religions, cultures, languages, ideologies, etc in several thousands of years since the appearance of 1st human Adam (PBUH). We don’t know when the human life on earth will be finished for ever on dooms day, but some think that human life never stop repeating it’s wrongs. Now we have seen that the days of the human being are becoming more critical, insecure, divided among our selves in different ideas, increasing of poverty, and destruction of economy of some nations in comparison with the economy of some rich countries of the west. So the time for South Asian nations to unite as a strong body which is most caring for the inhabitants of this region has come, and in this way, we can develop ourselves. I have no right to waste your valuable time, but my heart is pressing me to place this proposal or advice to the holy hearts of our great rulers of the people of SAARC countries.

Proposal for future South Asian Union (SAU)

1. The mass people of this region want to abolish visa system for them selves in order to enjoy traveling facility freely and free trade among the regional countries like EU states. We can include Saudi Arabia, Yemen, Oman, United Arab Emirates, Qatar, Bahrain, Kuwait, Iraq, Jordan, Lebanon, Palestine, Syria, Turkey, Cyprus, Iran, Azerbaijan, Turkmenistan, Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, Afghanistan, Myanmar, Thailand, Cambodia, Laos, Vietnam, Malaysia, Indonesia, Singapore, Brunei, China, Mongolia, North Korea, South Korea, Japan & Philippine. The Afghan president his Excellency Mr. Hamid Karzai and his Government also shows interest for entering into SAARC.

2. If we can include thirty seven more countries (Saudi Arabia, Yemen, Oman, United Arab Emirates, Qatar, Bahrain, Kuwait, Iraq, Jordan, Lebanon, Palestine, Syria, Turkey, Cyprus, Iran, Azerbaijan, Turkmenistan, Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, Afghanistan, Myanmar, Thailand, Cambodia, Laos, Vietnam, Malaysia, Indonesia, Singapore, Brunei, China, Mongolia, North Korea, South Korea, Japan & Philippine) with the seven countries of SAARC (Pakistan, India, Nepal, Bhutan, Bangladesh, Sri Lanka and Maldives), then this organization or union will be one of the strongest unions. Then we can establish a powerful single currency like EURO as, for example SACU (South Asian Currency), dollar, or any other selected by the forum. And currency value can be fixed by averaging the currency values of the nations concerned.

3. All states will keep there own national flags as state flag and one common union flag, like that of EU.

4. We can establish joint military command council for the defense of the whole region like EU. That means we can unite in a union to ensure human life security along with a strong economy like European Union.
I do not know when the people of this region of South Asia will start to feel love and affection for each other, and will be united. But we should try to establish a golden future for ourselves. If successful, then generation after generation of this region will remember you for your kindness. God bless us with eternal & external peace.

Yours,
Saulat Kamran
E-Mail Address: saulat@dhaka.net
Website: http://www.southasianunion.net
House No -28, Road No-4, Dhanmandi R/A.
Dhaka, Bangladesh.




Oprah
By: Amber , Sat, 14 Oct 2006 00:36:58 GMT

Although Oprah has done some pretty amazing things on her show, I wouldn't say she's deserving of a nobel peace prize. Let's keep in mind, she already makes millions and being a good person boosts her ratings. Even if she has good intentions, she's been rewarded enough. I am suspicious.


NOBLE PRIZE
By: Marcia McDonald , Fri, 13 Oct 2006 15:52:36 GMT

My family and me live in the USA,we have been talking to so many people all over who think that Oprah is deserving of A NOBEL PEACE PRIZE 2006.
For all the great things she has done and continues to do.



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