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

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Contributors:
Published:
New York : PublicAffairs, 1999.
Status:
Central Adult Nonfiction
332.1 YUNUS
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Central Adult Nonfiction
332.1 YUNUS
Available
Jun 14, 2019
Description
The inspirational story of how Nobel Prize winner Muhammad Yunus invented microcredit, founded the Grameen Bank, and transformed the fortunes of millions of poor people around the world. Muhammad Yunus was a professor of economics in Bangladesh, who realized that the most impoverished members of his community were systematically neglected by the banking system -- no one would loan them any money. Yunus conceived of a new form of banking -- microcredit -- that would offer very small loans to the poorest people without collateral, and teach them how to manage and use their loans to create successful small businesses. He founded Grameen Bank based on the belief that credit is a basic human right, not the privilege of a fortunate few, and it now provides $24 billion of micro-loans to more than nine million families. Ninety-seven percent of its clients are women, and repayment rates are over 90 percent. Outside of Bangladesh, micro-lending programs inspired by Grameen have blossomed, and serve hundreds of millions of people around the world. The definitive history of micro-credit direct from the man that conceived of it, Banker to the Poor is the moving story of someone who dreamed of changing the world -- and did.
More Details
Format:
Book
Physical Desc:
ix, 258 pages, 8 unnumbered pages of plates : illustrations ; 25 cm.
Language:
English
ISBN:
9781586481988, 1586481983, 1891620118 (hc)
Lexile measure:
1090

Notes

General Note
Includes index.
General Note
Originally published: London : Aurum Press, 1998.
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Citations
APA Citation (style guide)

Yunus, M., & Jolis, A. (1999). Banker to the poor: micro-lending and the battle against world poverty. New York: PublicAffairs.

Chicago / Turabian - Author Date Citation (style guide)

Yunus, Muhammad, 1940- and Alan. Jolis. 1999. Banker to the Poor: Micro-lending and the Battle against World Poverty. New York: PublicAffairs.

Chicago / Turabian - Humanities Citation (style guide)

Yunus, Muhammad, 1940- and Alan. Jolis, Banker to the Poor: Micro-lending and the Battle against World Poverty. New York: PublicAffairs, 1999.

MLA Citation (style guide)

Yunus, Muhammad, and Alan Jolis. Banker to the Poor: Micro-lending and the Battle against World Poverty. New York: PublicAffairs, 1999. Print.

Note! Citation formats are based on standards as of July 2010. Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy.
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