000 01802nam a22002417a 4500
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008 240918b |||||||| |||| 00| 0 eng d
020 _a9781586481988
040 _ckinley
082 _a332.1095492 YUN
100 _aYunus, Muhammad.
245 _aBanker to the Poor :
_bmicro-lending and the battle against World poverty /
_cMuhammad Yunus.
260 _aNew York :
_bPublic Affairs,
_c2007.
300 _aix, 289 p. :
_bill. ;
_c21 cm.
504 _aIncludes index.
520 _aMuhammad 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.
650 _aBankers
_vBiography.
_zBangladesh
650 _aSocial reformers
_vBiography.
_zBangladesh
650 _aMicrofinance
_xHistory.
_zBangladesh
650 _aRural poor
_xHistory.
_zBangladesh
942 _2ddc
_cBK
999 _c16947
_d16947