Home Muhammad Nobel Laureate Muhammad Yunus Receives Prestigious Karl Kübel Prize

Nobel Laureate Muhammad Yunus Receives Prestigious Karl Kübel Prize


GUWAHATI: Bangladesh’s only Nobel laureate, popularly known as the banker to the poor, Professor Muhammad Yunus was awarded Germany’s Karl Kübel Prize for his extraordinary and multifaceted commitment to families around the world.

The Karl Kübel Foundation for Children and Families honored the Bangladeshi economist, who conceptualized small loans to women borrowers without any collateral, with the prestigious award in Bensheim on September 30, 2022.

“Professor Yunus has enabled the children and families of his clients to lead a better life. He is a real game-changer and creates hope,” said Dr Kerstin Humberg of the Karl Kübel Foundation, adding that the founder of Bangladesh’s Grameen Bank is a great beacon of hope in times of global crisis ranging from Covid-19 pandemic to global warming. to new wars.

Highlighting the parallels between philanthropist Karl Kübel and Muhammad Yunus, Dr Humberg said both pursued social goals through entrepreneurial means as early as the 1980s and deliberately focused on helping people to help themselves.

Yunus and Kübel are pioneers in entrepreneurial development cooperation, she added.

Founded in 1972 by entrepreneur Karl Kübel, the well-known foundation for children and families works on the principle of helping people to help themselves and supports disadvantaged people in Germany and abroad.

Based in Bensheim, the foundation has been supporting children and their parents around the world for 50 years.

Professor Yunus reiterated that poverty must disappear from society and should be taken to the museum so that the next generation can study various issues related to poverty in their classrooms”.

If the human race can develop so many things with modern technologies, it can certainly create a better world for the millions of poor families, if it wishes.