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Nobel Prize winner connected to SXU

SXU President Judith A. Dwyer comments on accomplishment

Chicago (Oct. 16, 2006) – “This institution is deeply honored by its association with Dr. Muhammad Yunus,” Saint Xavier President Judith A. Dwyer, Ph.D., said today. “His compassion and service have benefited millions around the world. We extend our sincerest congratulations to Dr. Yunus and Grameen Bank.”

Muhammad Yunus and the bank he founded, Grameen Bank, won the 2006 Nobel Peace Prize Friday “for their efforts to create economic and social development from below” with the use of “microcredit” loans without collateral to the poor of rural Bangladesh.  

Saint Xavier University in Chicago awarded Yunus an honorary Doctor of Public Service in May of 1997 for his extraordinary contributions toward improving the lives of families and children throughout the world.


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