Banker to the Poor: Micro-Lending and the Battle against World Poverty by Muhammad Yunus - PDF free download eBook

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  • Published: Sep 27, 2015
  • Reviews: 341

Brief introduction:

Muhammad Yunus has a dream: the total eradication of poverty. In 1983, against the advice of banking and government officials, Professor Yunus established Grameen, a bank devoted to providing the poorest of Bangladesh with minuscule loans. His...

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Details of Banker to the Poor: Micro-Lending and the Battle against World Poverty

ISBN
9780786149735
Publisher
PublicAffairs
Publication date
Age range
18+ Years
Book language
GB
Format
PDF, CHM, DOC, TXT
Quality
Normal quality OCR
Dimensions
4.40 (w) x 6.20 (h) x 2.80 (d)
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Some brief overview of this book

Muhammad Yunus has a dream: the total eradication of poverty. In 1983, against the advice of banking and government officials, Professor Yunus established Grameen, a bank devoted to providing the poorest of Bangladesh with minuscule loans. His objective was not just to help the poor survive, but to create the spark of personal initiative and enterprise that would help them lift themselves out of poverty forever. In Banker to the Poor, Yunus describes the many hurdles to putting his ideas into action - battles with bank bureaucrats, the deep-rooted fears of his first, tentative borrowers, devastating floods and famines - as well as the victories - the first Grameen branch opening in Jobra village and the first cell phone delivered to a proud village telephone lady. He challenges our common perceptions of the economic relationship between rich and poor, their respective rights and obligations, their origins, and their future.

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A few words about book author

Muhammad Yunus was born in 1940 in Chittagong, a seaport in Bangladesh. The third of fourteen children, five of whom died in infancy, he was educated at Dhaka University and was awarded a Fulbright scholarship to study economics at Vanderbilt University. In 1972 he became the head of the economics department at Chittagong University. He is the founder and managing director of the Grameen Bank.

action - battles with bank bureaucrats, the deep-rooted fears of his first, tentative borrowers, devastating floods and famines - as well as the victories - the first Grameen branch opening in Jobra village and the first cell phone delivered to a proud village telephone lady. He challenges our common perceptions of the economic relationship between rich and poor, their respective rights and obligations, their origins, and their future.

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