Nobel laureate Yunus unveils Bangladesh clean water deal

0 Comments | AFP, March, 2008

PARIS, (AFP) — Nobel laureate Muhammad Yunus on Monday unveiled a deal between his pioneering Grameen bank and French group Veolia Environment to provide clean water to poor rural communities in Bangladesh.

The Bangladeshi economist also sought support from President Nicolas Sarkozy for creating more microcredit schemes to fight poverty, particularly in Africa.

"I wanted to make him understand how effective a tool microcredit is in helping the poor people, particularly the poor women, to take control of their own lives and pull themselves out of the problems and benefit the children," Yunus told reporters after his meeting at the Elysee palace.

After meeting with Sarkozy, Yunus sat down with top business leaders at the Elysee including billionaire Vincent...