Banker to the poor: micro-lending and the battle against world poverty

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One day Muhammad Yunus loaned $27 from his own pocket to forty-two stool makers living in a tiny village in Bangladesh. Seeing the profound effect of a little credit for the very poor, Yunus changed his life to establish the Grameen Bank, which provides miniscule loans to the poor of Bangladesh.
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Grouped Work ID 5e7d31fc-baa3-3438-d3eb-bd727a46f1ea
Grouping Title banker to the poor micro lending and the battle against world poverty
Grouping Author yunus muhammad
Grouping Category book
Last Grouping Update 2019-08-20 04:48:21AM
Last Indexed 2019-08-20 04:51:54AM

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auth_author2 Jolis, Alan.
author Muhammad Yunus
author2-role Jolis, Alan.
author_display Yunus, Muhammad
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In 1983, Muhammad Yunus established Grameen, a bank devoted to providing the poorest citizens of Bangladesh with miniscule loans. Believing that credit is a basic human right, not the privilege of a few, Yunus aimed to support that spark of personal initiative and enterprise by which the poor might lift themselves out of poverty forever. Grameen Bank now provides over 2.5 billion dollars of micro-loans to more than two million families in rural Bangladesh, with repayment rates at nearly 100 percent.

In Banker to the Poor, Yunus traces the journey that led him to rethink the economic relationship between rich and poor and recounts the challenges he faced in founding Grameen. He provides wise, hopeful guidance for anyone who would like to join him in the burgeoning world movement of micro-lending to eradicate world poverty.

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primary_isbn 9781586481988
publishDate 1999
Bib IdFormatFormat CategoryEditionLanguagePublisherPublication DatePhysical Description
overdrive:d891336a-3514-4b7f-a276-5e9e17da69ce eAudiobook Audio Books English Blackstone Publishing 2006
ils:.b11558131 Book Books English PublicAffairs, 1999. ix, 258 pages, 8 unnumbered pages of plates : illustrations ; 25 cm.
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subject_facet Economists -- Bangladesh -- Biography
Microfinance -- Bangladesh -- History
Rural poor -- Bangladesh -- History
title_display Banker to the poor : micro-lending and the battle against world poverty
title_full Banker to the Poor Micro-Lending and the Battle Against World Poverty
Banker to the poor : micro-lending and the battle against world poverty / Muhammad Yunus with Alan Jolis
title_short Banker to the poor :
title_sub micro-lending and the battle against world poverty
topic_facet Business