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Bangladeshi who founded bank for poor wins peace prize
The Bangladeshi who established a bank for the poor has been named winner of the eighth Seoul Peace Prize.
The biennial prize of 200,000 dollars, awarded to Muhammad Yunus, honours peace efforts by politicians, academics, activists and international organizations.
"His tireless endeavor to root out poverty and create a new model of giving credit to the poor will bear fruit in terms of greater peace in the world," the Seoul Prize Cultural Foundation said.
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