Grameen Foundation gives Serageldin top Poverty Award

New York, June 16, 1999 -- In a major ceremony at the UN in New York, the Grameen foundation, USA, honored Ismail Serageldin for a lifetime of commitment to the cause of the poor. The award was given at a banquet Hosted by Ted Turner, founder of CNN and of the UN Foundation (with $1 billion personal donation) and famed ABC News anchor Peter Jennings. The Foundation also honored the people of Sweden for their early support to the Grameen Bank in its formative years, and their generous support for the poor all over the world. The Princess of Sweden and the Deputy Minister of Foreign affairs received the award for Sweden. The other distinguished speakers included Supermodel Vendela, and Grameen Bank founder Muhammad Yunus spoke whose autobiography was distributed to the guests. Grameen foundation Chair Jim Sams and CEO Alex Counts spoke as well. Most moving was a speech by a woman being helped by a micro-credit scheme in the USA. The event was attended by many eminent persons including UN Ambassadors, Congresswoman Pat Schroeder, who introduced Serageldin, and famous actors Alan Alda and Valerie Harper.