Nobel Laureate Visit

Miami Dade College President Eduardo J. Padrón welcomed 2006 Nobel Peace Prize-winner Muhammad Yunus to the Wolfson Campus on Aug. 20.

Discussed were Haiti’s long-term recovery and rebuilding its current situation and future economic state.

Yunus, who founded the world-renowned Grameen Bank, was accompanied by Francisco Sánchez, the U.S. under secretary of commerce for international trade.

The  Grameen Bank model,  founded in Bangladesh for the purpose of providing small loans to the rural poor, holds great possibilities for Haiti, Yunus said.

GB has serviced 8.29 million borrowers—of which 97 percent are women. They have loaned a  $9.54 billion, of which $8.5 billion has been repaid.