Banker to the Poor: Micro-Lending and the Battle Against World Poverty
| Author | : | |
| Rating | : | 4.89 (923 Votes) |
| Asin | : | B000MTE8S4 |
| Format Type | : | |
| Number of Pages | : | 387 Pages |
| Publish Date | : | 2017-02-04 |
| Language | : | English |
DESCRIPTION:
Anchorite said Nice. Dr. Yunus was a brilliant student. One of the top 100 or top "Nice" according to Anchorite. Dr. Yunus was a brilliant student. One of the top 100 or top 200 in the entire country during his high school national exams. When he came to the USA to study Economics he was warned of a couple of really difficult professors in what were supposed to be killer courses in grad school. Turns out he. 00 in the entire country during his high school national exams. When he came to the USA to study Economics he was warned of a couple of really difficult professors in what were supposed to be killer courses in grad school. Turns out he. O. Halabieh said Poverty belongs in museums. This book tells the story of Muhammad Yunus' efforts in his fight against poverty through Micro-Lending: "My repeated trips to the villages around the Chittagong University campus led me to discoveries that were essential to establishing the Grameen Bank. The poor taught me an entirely new econom. A free-market manifesto M. Heiss I do not know what Hillary Clinton and Jimmy Carter's endorsements are doing on this book. Muhammad Yunus is the next best thing to Milton Friedman. He's a lot wordier than Uncle Milton, though.Muhammad Yunus is responsible for a revolutionary approach to poverty eradification: skip the world ban
"ÝYunus's ideas have already had a great impact on the Third World, and hearing his appeal for a poverty-free world from the source itself can be as stirring as that all-American myth of bootstrap success."
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
In 1983, against the advice of banking and government officials, Yunus established Grameen, a bank devoted to providing the poorest of Bangladesh with minuscule loans. Grameen Bank, based on the belief that credit is a basic human right, not the privilege of a fortunate few, now provides over 2.5 billion dollars of micro-loans to more than two million families in rural Bangladesh. Banker to the Poor is Muhammad Yunus's memoir of how he decided to change his life in order to help the world's poor. Muhammad Yunus is that rare thing: a bona fide visionary. Around the world, micro-lending programs inspired by Grameen are blossoming, with more than three hundred programs established in the United States alone. in economics in the United States at Vanderbilt University, where he was deeply influenced by the civil rights movement. He still lives in Bangladesh, and travels widely around the world on behalf of Grameen Bank and the concept of micro-credit.. His dream is the total eradication of poverty from the world. Ninety-four percent of Yunus's clients are women, and repayment rates are near 100 percent. He also provides wise, hopeful guidance for anyone who would like to join him in "putting homelessness and destitution in a museum so that one day our children will visit it and ask how we could have allowed such a terrible thing to go on for so long." The definitive history of micro-credit direct from the man that conceived of it, Banker to the Poor is necessary