Nobel Peace Prize laureate Muhammad Yunus, the creator of Grameen Bank inBangladesh, gave a speech at the Ewha-SamsungEducationCultureBuilding last Friday after receiving the 8th Seoul Peace Prize.Despite midterm examinations, the main hall was packed to the last seat, with some members of an audience of various nationalities finding standing room only to listen to the laureate’s speech. Renowned for working with a clientele of 96 percent women, Yunus has been both praised and disparaged in his thirty years of service at Grameen Bank. However, with a bright smile, he simply says, “It works.”
At first working in a male-oriented conventional bank, Yunus moved out and started to target civilians under the poverty level, and especially women.Whenever a systematic crisis occurred, “I just looked at what a conventional bank did, and reversed it,” he quipped, to one of several ovations he received during the speech.Now empowering over 100 million families worldwide, Yunus and Grameen Bank pioneer on toward a world free of poverty, and they are asking others to join in.