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The queen of jordan, former secretary of state hillary clinton, melinda gates, nobel-prize winning professor mohammed younis, he invented the concept of microlending. and it turned to the u.s.' health care overhaul and the fight over the threatened government shutdown. >> this president is not going to agree to defund health care. we're on the path to becoming the implementation. if they want to shut the government down, that's on their head and their responsibility. and if they go even further, which is deeply distressing, and for the first time lead our country into default on our obligation...

Welcome back to "morning joe." 48 past the hour. in 2006, economist muhammad yunus and the bank he founded were awarded the nobel peace prize in their work of lifting millions of people out of poverty through the strategy of micro lending. and today you open your sixth u.s. location in the south bronx. congratulations. >> thank you. >> thank you for being on the show this morning. >> can you just for americans that are watching that aren't familiar in micro loans. could you explain the concept briefly to them? >> everybody knows because they know that many people can't go to the bank to take a...

An eye out for the event today. again, a powerful picture to see people standing on beaches literally holding hands. thank you for spending time with us. good luck. >> join hands, america. thank you. >> all right. you hear it there. a lot of people on a lot of sides of this issue really taking the opportunity. some people call it taking advantage. other people call it taking an opportunity. we have now with this whole gulf oil disaster to maybe make some changes and draw some attention to some of the serious things going on out there. a lot of people maybe didn't even know about deep water dri...

Building and empowering the poor and the impoverished. and again, kiva has donated $143 million in loans and they have a kickback rate as a lender. this is good karma. 98%. so you're almost guaranteed to get the dollars that you put in right back. >> $143 million of loans. is that what you said? >> yes. >> that's just amazing. >> it is remarkable. >> that is remarkable. >> i think there is room too for growth. we haven't seen a lot of micro lending here in the states but with the state of the economy there is certainly room for improvement. actually on sites like kiva we're seeing a turn-aroun...

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