Banker To The Poor. Micro-Lending and the Battle Against World Poverty.

Yunus, Muhammad.

ISBN 10: 1586481983 / ISBN 13: 9781586481988

Published by New York, PublicAffairs, 2003

About this Item

273 (1) Seiten das Buch ungelesen und wie neu, auf dem Vortitel vom Nobelpreisträger persönlich gewidmet, signiert und datiert (7 Nov, 2007). Muhammad Yunus (* 28. Juni 1940 in Chittagong) ist ein bangladeschischer Wirtschaftswissenschaftler. Er ist Gründer und ehemaliger Geschäftsführer der Mikrokredite vergebenden Grameen Bank und damit einer der Begründer des Mikrofinanz-Gedankens. 2006 wurde er mit dem Friedensnobelpreis ausgezeichnet. Sprache: Englisch Gewicht in Gramm: 650 Auflage: Rev. and Updated for the Pbk. Ed.

Seller Inventory # 22906

Bibliographic Details

• Title: Banker To The Poor. Micro-Lending and the Battle Against World Poverty.
• Publisher: New York, PublicAffairs
• Publication Date: 2003
• Language: English
• ISBN 10: 1586481983
• ISBN 13: 9781586481988
• Binding: 8°, Taschenbuch
• Edition: 1st Edition
• Condition: Wie neu
• Signed: Signed by Author(s)
• Seller catalogs:
  • Friedensnobelpreisträger

About this title

Synopsis

The “stirring” (Washington Post) 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

In 1983, Muhammad Yunus established Grameen, a bank devoted to providing the poorest of Bangladesh with minuscule loans. Twenty-three years later they won the Nobel Prize for Peace for their work in eradicating poverty. This is an inspiring story of one man’s realization that access to even a small amount of credit can transform the lives of the poorest citizens of the world.
 
Yunus aimed to help the poor by supporting the spark of personal initiative and enterprise by which they could lift themselves out of poverty forever. It was an idea born on a day in 1976 when he loaned $27 from his own pocket to forty-two people living in a tiny village. These microentrepreneurs only needed enough credit to purchase the raw materials for their trade. Yunus’s small loan helped them break the cycle of poverty for good. His solution to world poverty, founded on the belief that credit is a fundamental human right, is brilliantly simple: lend poor people money on terms that are suitable to them, teach them a few sound financial principles, and they will help themselves.
 
Yunus’s theories work. Grameen Bank has provided loans totaling six billion dollars to seven million families in rural Bangladesh. Today, more than 250 institutions in nearly 100 countries operate micro-credit programs based on the Grameen methodology, placing Grameen at the forefront of a burgeoning world movement toward eradicating poverty through micro-lending.

About the Author

Muhammad Yunus, a native of Bangladesh, is the founder and managing director of Grameen Bank, a pioneer of microcredit, an economic movement that has helped lift millions of families around the world out of poverty. Yunus and Grameen Bank are winners of the 2006 Nobel Peace Prize. He is currently serving as Chief Adviser to the interim government of Bangladesh.