Muhammad Yunus, Nobel Peace Prize winner and founder of The Grameen Bank, speaks about his new book Creating a World Without Poverty.
Robert Saldich is the Chair of the Board of Governors at The Commonwealth Club of California in San Francisco, CA.
Dr. Muhammad Yunus
Muhammad Yunus is founder and managing director of the Grameen Bank, established in Bangladesh in 1983. Dr. Yunus founded the bank with the objective of helping poor people escape from poverty by providing loans on terms suitable to them and by teaching them a few sound principles of finances so they can help themselves.
The Grameen Bank has advanced to the forefront of a burgeoning world movement toward eradicating poverty through micro-lending and its model has been replicated in over 100 countries worldwide.
In 2006, Dr. Yunus was awarded the Nobel Peace Prize for his work with the Bank.