Banker To The Poor: Micro-Lending and the Battle Against World Poverty by Muhammad Yunusseeders: 8
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Banker To The Poor: Micro-Lending and the Battle Against World Poverty by Muhammad Yunus (Size: 2.08 MB)
Description Publisher: PublicAffairs; Later Printing edition (January 8, 2008) Language: English ISBN-10: 1586481983 ISBN-13: 978-1586481988 Banker to the Poor: Micro-Lending and the Battle Against World Poverty Muhammad Yunus is that rare thing: a bona fide visionary. His dream is the total eradication of poverty from the world. 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. Ninety-four percent of Yunus's clients are women, and repayment rates are near 100 percent. Around the world, micro-lending programs inspired by Grameen are blossoming, with more than three hundred programs established in the United States alone. Sharing Widget |