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

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Title:

Author:

Yunus, Muhammad, 1940-

ISBN:

9781586481988

Personal Author:

Yunus, Muhammad, 1940-

Edition:

Rev. and updated pbk. ed.

Publication Information:

New York, NY : PublicAffairs, c2003.

Physical Description:

ix, 273 p. : ill. ; 21 cm.

General Note:

"Originally published: London: Aurum Press, 1998"--T.p. verso.

"Published ... by PublicAffairs, a member of the Perseus Books Group"--T.p. verso.

"Revised and updated for the paperback edition"--P. [4] of cover.

Includes index.

Contents:

Number 20 Boxirhat Road, Chittagong -- A Bengali in America -- Back in Chittagong -- The stool makers of Jobra Village -- A pilot project is born -- Expanding beyond Jobra into Tangail -- A bank for the poor is born -- Growth and challenges for the Bank for the Poor, 1984-1990 -- Applications in other poor countries -- Applications in the United States and other wealthy countries -- Grameen in the nineties -- Beyond micro-credit : a new world of Grameen Enterprises -- Grameen Bank II -- The future.

Personal Subject:

Yunus, Muhammad, 1940-

Corporate Subject:

Grameen Bank -- History.

Subject Term:

Banks and banking -- Bangladesh.

Economists -- Bangladesh -- Biography.

Rural poor -- Bangladesh -- History.

Microfinance -- Bangladesh -- History.

Microfinance -- Bangladesh -- Histoire.

Added Author:

Jolis, Alan.

Copies:

Available:*

Library	Material Type	Item Barcode	Shelf Number	Copy	Status
Searching... 1:IIEMSA	1:GEN-BOOK	33168015722503	332.1 Y95B 2003	1	Searching... Unknown
Searching... 1:IIEMSA	1:GEN-BOOK	33168023651272	332.1 Y95B 2003	2	Searching... Unknown

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Summary

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.