Download or read book The Story of Banker of the People Muhammad Yunus written by Paula Yoo and published by Story of. This book was released on 2019 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growing up in Bangladesh, Muhammad Yunus witnessed extreme poverty all around him and was determined to eradicate it. This is an inspiring account of economic innovation and a celebration of how one person-like one small loan-can make a positive difference in the lives of many. This chapter book includes black-and-white illustrations as well as sidebars on related subjects, a timeline, a glossary, and recommended reading.
Download or read book Banker To The Poor written by Muhammad Yunus and published by PublicAffairs. This book was released on 2007-03-31 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book A World of Three Zeros written by Muhammad Yunus and published by PublicAffairs. This book was released on 2017-09-26 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: A winner of the Nobel Peace Prize and bestselling author of Banker to the Poor offers his vision of an emerging new economic system that can save humankind and the planet Muhammad Yunus, who created microcredit, invented social business, and earned a Nobel Peace Prize for his work in alleviating poverty, is one of today's most trenchant social critics. Now he declares it's time to admit that the capitalist engine is broken -- that in its current form it inevitably leads to rampant inequality, massive unemployment, and environmental destruction. We need a new economic system that unleashes altruism as a creative force just as powerful as self-interest. Is this a pipe dream? Not at all. In the last decade, thousands of people and organizations have already embraced Yunus's vision of a new form of capitalism, launching innovative social businesses designed to serve human needs rather than accumulate wealth. They are bringing solar energy to millions of homes in Bangladesh; turning thousands of unemployed young people into entrepreneurs through equity investments; financing female-owned businesses in cities across the United States; bringing mobility, shelter, and other services to the rural poor in France; and creating a global support network to help young entrepreneurs launch their start-ups. In A World of Three Zeros, Yunus describes the new civilization emerging from the economic experiments his work has helped to inspire. He explains how global companies like McCain, Renault, Essilor, and Danone got involved with this new economic model through their own social action groups, describes the ingenious new financial tools now funding social businesses, and sketches the legal and regulatory changes needed to jumpstart the next wave of socially driven innovations. And he invites young people, business and political leaders, and ordinary citizens to join the movement and help create the better world we all dream of.
Download or read book Small Loans Big Dreams written by Alex Counts and published by John Wiley & Sons. This book was released on 2008-03-31 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microfinancing is considered one of the most effective strategies in the fight against global poverty. And now, in Small Loans, Big Changes, author Alex Counts reveals how Nobel Prize Winner Muhammad Yunus revolutionized global antipoverty efforts through the development of this approach. This book presents compelling stories of women benefiting from Yunus’s microcredit in rural Bangladesh and urban Chicago, and recounts the experiences of different borrowers in each country, interspersing them with stories of Yunus, his colleagues, and their counterparts in Chicago.
Download or read book Building Social Business written by Muhammad Yunus and published by PublicAffairs. This book was released on 2010-05-11 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Nobel Peace Prize winner and bestselling author shows how entrepreneurial spirit and business smarts can be harnessed to create sustainable businesses that can solve the world's biggest problems. Muhammad Yunus, the practical visionary who pioneered microcredit and, with his Grameen Bank, won the 2006 Nobel Peace Prize, has developed a new dimension for capitalism which he calls "social business." The social business model has been adopted by corporations, entrepreneurs, and social activists across the globe. Its goal is to create self-supporting, viable commercial enterprises that generate economic growth as they produce goods and services to fulfill human needs. In Building Social Business, Yunus shows how social business can be put into practice and explains why it holds the potential to redeem the failed promise of free-market enterprise.
Download or read book Creating a World Without Poverty written by Muhammad Yunus and published by Public Affairs. This book was released on 2009-01-06 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author describes his vision for an innovative business model that would combine the power of free markets with a quest for a more humane, egalitarian world that could help alleviate world poverty, inequality, and other social problems.
Download or read book Introduction To Microfinance written by Todd A Watkins and published by World Scientific Publishing Company. This book was released on 2018-04-05 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microfinance has grown from the obscure efforts of a few philanthropic institutions into a global industry that reaches 150-200 million clients through the branches of thousands of institutions. Microfinance has matured from exclusively funding loans to providing savings, insurance, healthcare, and education. Yet many people still think of it narrowly as microcredit. Understanding remains thin of what the industry does, how it functions and why.Introduction to Microfinance provides a non-technical introduction to the broad array of inclusive financial and non-financial services for the world's poor. It explores the financial lives of those families, and the microfinance institutions and rapidly growing industry that serve them. Written in close collaboration with college students for college students, under the auspices of one of the US's leading undergraduate programs in microfinance, it is the first-ever introductory college textbook about microfinance.What is microfinance? What are its methods and why? Does it work? What are its prospects and challenges? Why is it controversial? This book tackles these questions and more.
Download or read book Grameen Bank written by Shahidur R. Khandker and published by World Bank Publications. This book was released on 1995-01-01 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Bank Technical Paper No. 295. The progress made by the countries of Central and Eastern Europe in privatizing state-owned enterprises has created millions of new shareholders. But for the citizenry to buy and sell shares, these countries must develop stock markets and related institutions such as brokerages, clearing and settling organizations, and regulatory agencies. This paper examines the role of capital markets in the new market economies of Central and Eastern Europe and to what extent governments in the region should encourage the development of such markets. The authors address questions of whether the capital markets will serve merely as a forum for trading stocks or become a source of new equity capital to help restructure the enterprises of the region and whether governments should take a hands-off approach by letting the necessary institutions develop as they are needed or should actively create stock exchanges and establish the overall legal and regulatory framework.
Download or read book Twenty two Cents written by Paula Yoo and published by Lee & Low Books. This book was released on 2018-04-03 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A biography of 2006 Nobel Peace Prize winner Muhammad Yunus, who revolutionized global antipoverty efforts by developing the innovative economic concept of micro-lending.
Download or read book Grameen Bank and Muhammad Yunus written by Muhammad Yunus and published by . This book was released on 1996 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: Collection of interviews given by Muhammad Yunus, founder and managing director of Grameen Bank, to the national and foreign press in Bangladesh.
Download or read book The Kept Man written by Jami Attenberg and published by Penguin. This book was released on 2007 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: A riveting debut novel from a rising literary star about a young woman whose husband has fallen into a coma, and her discovery of evidence that casts doubt on their marriage. Six years ago, Jarvis Miller's husband, an artist whose career was just starting to gain momentum, fell into a coma. And ever since, Jarvis has been waiting. At first, she was waiting for him to wake up so that their happy marriage could be continued. But she's spent too many years of dwindling hope, living as a half-widow, and selling off more and more pieces of his artwork to power the machines that keep him alive. Now, Jarvis has come to admit that she's waiting for her husband to die. One spring day at the local laundromat, Jarvis meets the members of the Kept Man Club: three handsome, interesting men, all married to breadwinner wives, who gather once a week on laundry day. Their companionship opens her eyes to the possibilities of family and friendship she's been missing for so many years. At the same time, her husband's best friend and his art dealer pressure Jarvis to collect the remainder of his work for a retrospective-a proposition that engenders mixed feelings, since it's usually an honor reserved for the already dead. Sorting through a hidden box of photographs, she uncovers evidence of a shocking betrayal that calls into question her idealized vision of the past. Told in a spare and utterly compelling narrative voice, The Kept Manis a compulsively readable novel about love and loss, one that is sure to establish Jami Attenberg as one of our most dynamic new storytellers.
Download or read book Give Us Credit written by Alex Counts and published by Crown. This book was released on 1996 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: When Muhammad Yunus returned to his native Bangladesh 25 years ago with an American doctorate in economics, he set out to try and combat the entrenched poverty there. By 1995, his Grameen Bank had made loans totaling $500 million to two million borrowers, mostly women. In spite of the fact that these borrowers were the poorest of the poor, Grameen has had a near-perfect repayment rate.
Download or read book Bandhan written by Tamal Bandyopadhyay and published by Random House India. This book was released on 2016-06-09 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the story of Bandhan, the only bank that emerged in eastern India after Independence. Founded by the son of a sweet vendor, with a mere Rs 2 lakh, the sum total of his life savings. On 17 June, 2015, Chandra Shekhar Ghosh stepped out of the Reserve Bank of India building in Mumbai with the much-coveted banking licence, beating some of the country's top corporate houses. This moment compensated for all the frustrations that had come along the way. A year later, Bandhan Bank was launched with 6.7 million small borrowers. So, how did Ghosh build India's biggest MFI from scratch and then, along with his team, transform it into a universal bank? Bandhan: The Making of a Bank chronicles that journey. This is also Ghosh's personal story-of a boy growing up in small-town Agartala struggling with poverty, but relentless in his ambition to make it big. He battles competition, hostile moneylenders, a tough economic climate and the perpetual lack of resources. Nobody in India perhaps knows better than him the psyche of a small borrower and the alchemy of doing business with the poor, profitably. This is one of India's biggest entrepreneurial stories.
Download or read book Due Diligence written by David Roodman and published by CGD Books. This book was released on 2012 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: The idea that small loans can help poor families build businesses and exit poverty has blossomed into a global movement. The concept has captured the public imagination, drawn in billions of dollars, reached millions of customers, and garnered a Nobel Prize. Radical in its suggestion that the poor are creditworthy and conservative in its insistence on individual accountability, the idea has expanded beyond credit into savings, insurance, and money transfers, earning the name microfinance. But is it the boon so many think it is? Readers of David Roodman's openbook blog will immediately recognize his thorough, straightforward, and trenchant analysis. Due Diligence, written entirely in public with input from readers, probes the truth about microfinance to guide governments, foundations, investors, and private citizens who support financial services for poor people. In particular, it explains the need to deemphasize microcredit in favor of other financial services for the poor.
Download or read book Building Social Business Models written by Muhammad Yunus and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Grameen bank, founded in 1976, has both pioneered the development of micro-finance, and created nearly 30 businesses designed to alleviate poverty. The article traces the gradual development of Grameen's expertise in formulating social business models, which require new value propositions, value constellations and profit equations, and as such, resembles business model innovation. The article presents five lessons learned from this experience: three are similar to those of conventional business model innovation -- challenging conventional thinking, finding complementary partners and undertaking continuous experimentation; two are specific to social business models: recruiting social-profit-oriented shareholders, and specifying social profit objectives clearly and early. We suggest these new business models -- where stakeholders replace shareholders as the focus of value maximization -- could empower capitalism to address overwhelming global concerns.
Download or read book Monsoon written by Uma Krishnaswami and published by Farrar, Straus and Giroux (BYR). This book was released on 2016-12-20 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: "An expressive story about seasons, extremes, and waiting." - Kirkus Reviews Children play, birds call, and grownups go about their business during the hot days of summer in northern India. But in the bustle of street and marketplace, everyone is watching, waiting for those magical clouds to bring their gift of rain to the land. Through the observations of one young girl, the scents and sounds, the dazzling colors and the breathless anticipation of a parched cityscape are vividly evoked during the final days before the welcome arrival of the monsoon.
Download or read book Legion of Peace written by Muhammad Yunus and published by Hachette UK. This book was released on 2018-12-11 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nobel Prize recipient Muhammad Yunus profiles 20 Nobel Peace Prize laureates with Multi-Grammy-winning producer and New York Times bestselling author Kabir Sehgal, Monica Yunus, and Camille Zamora, teaching readers to incorporate lessons from each laureate's life into their own. When Swedish chemist and engineer Alfred B. Nobel passed in 1896, he left several millions in his will to establish the Nobel Peace Prize, awarded annually in six concentrations: peace, literature, physics, chemistry, physiology or medicine, and economic science. Since its establishment, there have been over 130 Nobel Peace laureates selected, each bringing his/her own unique experiences and lessons forward as an example to others. In LEGION OF PEACE, Nobel Prize winner Muhammad Yunus, Kabir Sehgal, Monica Yunus, and Camille Zamora profile 20 prize recipients in a narrative accompanied by songs inspired by these great leaders, composed by Grammy-nominated children's artist Lori Henriques Quintet and three-time Grammy-nominated pianist Joey Alexander. Through this lyrical narrative, the authors share stories of these laureates' seemingly ordinary actions that transformed their lives and communities. The authors assign a superpower to each laureate that exemplifies the one basic principle that guided their actions, demonstrating to readers that all people from vastly different backgrounds can be connected by a common thread to come together to form a legion of peace.
