• The Grameen Bank has now extended credit to nearly 7 million people.
• The idea has spread, and has been supported by multinational organizations such as IMF or profit banks like Citigroup.
• In total, it is estimated that microfinancing has reached to 60 million people in the world by 2007.
• It is said that 90% of the recipients of micro credit are women.
• Women’s economic status is found to be strongly related to the well-being of their children, and the key to a healthy house hold environment.
• For these contributions to society, the UN proclaimed the international Year of Micro creditin 2005.
• Furthermore, Mr. Muhammad Yanus was awarded the Novel Peace Prize in 2006.
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