U.S. Department of State
U.S. Department of State
Other State Department Archive SitesU.S. Department of State
U.S. Department of State
U.S. Department of State
U.S. Department of State
U.S. Department of State
U.S. Department of State
U.S. Department of State
Home Issues & Press Travel & Business Countries Youth & Education Careers About State Video
 You are in: Secretary of State Condoleezza Rice > What the Secretary Has Been Saying > 2006 Secretary Rice's Remarks > October 2006: Secretary Rice's Remarks

Statement on Nobel Peace Prize Recipients Muhammad Yunus and the Grameen Bank

Secretary Condoleezza Rice
Washington, DC
October 13, 2006

I wish to extend my warmest congratulations to the 2006 Nobel Peace Prize recipients from Bangladesh, Dr. Muhammad Yunus and the Grameen Bank. With the aim of "creating social and economic development from below," Dr. Yunus and the Grameen Bank he founded have done extraordinary work in promoting microcredit lending in South Asia. By extending more than 6.6 million small loans to individuals from the least privileged segments of South Asian society–and a vast majority of them women–Dr. Yunus has empowered millions through access to finance to improve their own lives.

I congratulate the Nobel Peace Prize Committee on an excellent choice for this year’s Laureate, to whom we also send our warmest appreciation for his outstanding work on behalf of world’s impoverished.

2006/929



Released on October 13, 2006

  Back to top

U.S. Department of State
USA.govU.S. Department of StateUpdates  |   Frequent Questions  |   Contact Us  |   Email this Page  |   Subject Index  |   Search
The Office of Electronic Information, Bureau of Public Affairs, manages this site as a portal for information from the U.S. State Department. External links to other Internet sites should not be construed as an endorsement of the views or privacy policies contained therein.
About state.gov  |   Privacy Notice  |   FOIA  |   Copyright Information  |   Other U.S. Government Information

Published by the U.S. Department of State Website at http://www.state.gov maintained by the Bureau of Public Affairs.