08 June 2007 Limassol, Cyprus - Building on their four-year partnership to expand access to microfinance amongst the Arab World's poor, Grameen Foundation and the Abdul Latif Jameel Group (ALJ) today ...

Professor Muhammad Yunus and Grameen Bank, which he founded, were jointly awarded the Nobel Peace Prize in 2006 “for their efforts to create economic and social development from below.” Since then, ...

Microcredit was born." Yunus said Grameen Bank trains its staff to find borrowers who are hesitant to take out loans. He said these people are ideal candidates. "Conventional banks want collateral. We ...