Published Dec 2, 2008
In 2006, Muhammad Yunus won the Nobel Peace Prize for starting the first world movement to abolish poverty through micro-lending, a practice of giving small loans to the poor to help them financially support themselves.
Today, the Financial Management Association used his vision to create a microfinance committee of four to five students to provide financial assistance to the world's working poor.
The idea for the microfinance fund began from a class project, said Travis Gallatin, president of Financial Management Association.