Atlanta mayor honors "Father of Microcredit" Yunus

ATLANTA (AP) — Atlanta Mayor Kasim Reed has presented Muhammad Yunus with a Phoenix Award.

Yunus, the 2006 Nobel Peace Prize Winner and so-called "Father of Microcredit," was honored Friday at City Hall. The award is the highest honor the mayor can bestow upon an individual for their outstanding contributions.

Yunus has also won the Presidential Medal of Freedom and Congressional Gold Medal. His goal is the total eradication of global poverty through more equitable lending practices.

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