Women all over the world have from this joint endeavor of Yunus and the Grameen bank as the micro-credit system has helped women empowerment and addressed, to a large extent, the question of global feminization of poverty. It has proved to be “an important liberating force in societies where women in particular have to struggle against repressive social and economic conditions” (Prof. Muhammad Yunus & Grameen Bank Awarded The Nobel Peace Prize for 2006). It is an acknowledged fact that economic growth and political democracy of a nation enhance surprisingly when women are provided equal opportunity and participation like the males. One can never think of women empowerment unless and until poverty among them is tackled.
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