Banker To The Poor is popular PDF and ePub book, written by Muhammad Yunus in 2007-03-31, it is a fantastic choice for those who relish reading online the Biography & Autobiography genre. Let's immerse ourselves in this engaging Biography & Autobiography book by exploring the summary and details provided below. Remember, Banker To The Poor can be Read Online from any device for your convenience.
Banker To The Poor Book PDF 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.
Detail Book of Banker To The Poor PDF
- Author : Muhammad Yunus
- Release : 31 March 2007
- Publisher : PublicAffairs
- ISBN : 9781586485467
- Genre : Biography & Autobiography
- Total Page : 248 pages
- Language : English
- PDF File Size : 7,7 Mb
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