Banker To The PoorMuhammad Yunus set up the Grameen Bank in his home country of Bangladesh with a loan of just [pound]17, to lend tiny amounts of money to the poorest of the poor - those to whom no ordinary bank would lend. Most of his customers - as they still are - were illiterate women, wanting to set up the smallest imaginable village enterprises. It was his conviction that this new system of 'micro-credit', lending even such small sums, would give such people the spark of initiative needed to pull themselves out of poverty. Today, Yunus's system of micro-credit is practised around the world in some 60 countries, including the US, Canada and France. His Grameen Bank is now a billion-pound business. It is acknowledged by world leaders and by the World Bank to be a fundamental weapon in the fight against poverty. Banker to the Poor is Yunus's enthralling story of how he did it: how the terrible famine in Bangladesh in 1974 focused his ideas on the need to enable its victims to grow more food; how he overcame the sceptics in many governments and among traditional economic thinking; and how he saw his micro-credit extended even outside the Third World into credit unions in the West. Such is the importance of his book that HRH the Prince of Wales has contributed a Foreword in which he hails 'a remarkable man [who] spoke the greatest good sense'.Read more |
Contents
Boyhood Passions | 34 |
Marriage and the War of Liberation 196771 | 46 |
Chittagong University 197274 | 74 |
Why Lend to Women rather than to Men? | 87 |
Reaching Women Borrowers | 93 |
Women Bank Workers | 99 |
the World Upside Down | 110 |
A Comparison with Conventional Banks | 118 |
SelfEmployment | 222 |
What Role for Educating and Training the Poor? | 225 |
On the Population Problem | 230 |
the Missing Issue in Economics | 233 |
NEW HORIZONS 199097 | 237 |
Introduction | 239 |
a Great Success Story | 240 |
Health and Retirement | 243 |
CREATION 197890 | 135 |
Taking our Time at the Start 197983 | 137 |
Against the MindSet 148 18 | 148 |
Our Other Enemies | 156 |
Training Grameen Staff | 160 |
Birth of Grameen as a Separate Corporate Entity 198283 | 168 |
Full Independence of the Bank 198590 | 176 |
REPLICATING THE GRAMEEN PRINCIPLE | 179 |
International Replications 181 ཚབླུ 25 The US Urban Experience | 195 |
The US Rural Experience | 201 |
PHILOSOPHY | 211 |
the Social ConsciousnessDriven Free Market | 213 |
Weavers are Back in Fashion | 247 |
Grameen Fisheries Foundation | 252 |
Technology for the Poor | 261 |
the Peoples Fund | 264 |
A World That Will Assist the Poorest | 271 |
How and When? | 282 |
A Look at the Balance Sheet | 291 |
Analysis of Some of the Most Popular Grameen Loans | 299 |
How to Contact the Grameen Bank | 305 |
308 | |
Other editions - View all
Banker to the Poor: The Autobiography of Muhammad Yunus, Founder of the ... Muhammad Yunus,Alan Jolis No preview available - 1999 |
Common terms and phrases
American asked Bangladesh bank workers bankers became become Bengali branch called capital cent Central Bank centre Chittagong Chittagong College Chittagong District Chittagong University create Dhaka donors earn economic entrepreneur experience finance fisheries fund give Grameen Bank Grameen borrowers Grameen Check Grameen replication Grameen Telecom Grameen Trust Grameenphone housing loans human husband IFAD income interest Janata Bank Jobra join Grameen Khalid lend lives look Maria Nowak meeting micro-credit micro-credit programmes million Muhammad Yunus Muhith never Nurjahan OECF organization Pakistan person ponds poor poorest poverty poverty line poverty-free world problem profit purdah repayment rice rural self-employment social social-consciousness-driven staff started summit Tangail telephone things told Tsutomu Hata tubewell village weavers welfare women World Bank WSEP Yunus