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The Poor Always Pay Back

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Author :
Release : 2006
Genre : Grameen bank
Kind : eBook
Book Rating : 315/5 ( reviews)

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Book Synopsis The Poor Always Pay Back by : Asif Dowla

Download or read book The Poor Always Pay Back written by Asif Dowla. This book was released on 2006. Available in PDF, EPUB and Kindle. Book excerpt: The success of Grameen Bank and the microcredit movement as a whole has proved the credit worthiness of the poor beyond question. Grameen II shows that the poor, given the opportunity, will save a great deal and will always pay back

The Poor Always Pay Back

Download The Poor Always Pay Back PDF Online Free

Author :
Release : 2006
Genre : Business & Economics
Kind : eBook
Book Rating : 318/5 ( reviews)

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Book Synopsis The Poor Always Pay Back by : Asif Dowla

Download or read book The Poor Always Pay Back written by Asif Dowla. This book was released on 2006. Available in PDF, EPUB and Kindle. Book excerpt: Nobel Prize-winning microcredit institution Grameen Bank has financially empowered the poorest families in more than a hundred countries across the globe for over three decades through savings and loans. Recently, Grameen has undergone a complete overhaul of its system, creating "Grameen II" and seeking to make its loan programs more effective. The Poor Always Pay Back not only uncovers how a major financial institution is able to change its system in response to the needs of its borrowers, but also how Grameen redefined and continues to redefine the basic assumptions of credit worthiness. The immense success of Grameen Bank shows a hopeful trend in the alleviation of poverty. Grameen Bank II is addressing the frontier issues in microfinance: open access savings, flexible loan products, self reliance and absence of donor dependency for funds, and product development to cater to the needs of the retirees (Grameen Pension Scheme) and their adult children (Higher Education Loans). The story behind these and other innovations show why Grameen has become such an inspiration to those working for social justice everywhere.

Banker To The Poor

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Author :
Release : 2007-03-31
Genre : Biography & Autobiography
Kind : eBook
Book Rating : 466/5 ( reviews)

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Book Synopsis Banker To The Poor by : Muhammad Yunus

Download or read book Banker To The Poor written by Muhammad Yunus. This book was released on 2007-03-31. 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.

Nickel and Dimed

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Author :
Release : 2010-04-01
Genre : Social Science
Kind : eBook
Book Rating : 643/5 ( reviews)

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Book Synopsis Nickel and Dimed by : Barbara Ehrenreich

Download or read book Nickel and Dimed written by Barbara Ehrenreich. This book was released on 2010-04-01. Available in PDF, EPUB and Kindle. Book excerpt: The New York Times bestselling work of undercover reportage from our sharpest and most original social critic, with a new foreword by Matthew Desmond, author of Evicted Millions of Americans work full time, year round, for poverty-level wages. In 1998, Barbara Ehrenreich decided to join them. She was inspired in part by the rhetoric surrounding welfare reform, which promised that a job—any job—can be the ticket to a better life. But how does anyone survive, let alone prosper, on $6 an hour? To find out, Ehrenreich left her home, took the cheapest lodgings she could find, and accepted whatever jobs she was offered. Moving from Florida to Maine to Minnesota, she worked as a waitress, a hotel maid, a cleaning woman, a nursing-home aide, and a Wal-Mart sales clerk. She lived in trailer parks and crumbling residential motels. Very quickly, she discovered that no job is truly "unskilled," that even the lowliest occupations require exhausting mental and muscular effort. She also learned that one job is not enough; you need at least two if you int to live indoors. Nickel and Dimed reveals low-rent America in all its tenacity, anxiety, and surprising generosity—a land of Big Boxes, fast food, and a thousand desperate stratagems for survival. Read it for the smoldering clarity of Ehrenreich's perspective and for a rare view of how "prosperity" looks from the bottom. And now, in a new foreword, Matthew Desmond, author of Evicted: Poverty and Profit in the American City, explains why, twenty years on in America, Nickel and Dimed is more relevant than ever.

When Helping Hurts

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Author :
Release : 2014-01-24
Genre : Religion
Kind : eBook
Book Rating : 629/5 ( reviews)

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Book Synopsis When Helping Hurts by : Steve Corbett

Download or read book When Helping Hurts written by Steve Corbett. This book was released on 2014-01-24. Available in PDF, EPUB and Kindle. Book excerpt: With more than 450,000 copies in print, When Helping Hurts is a paradigm-forming contemporary classic on the subject of poverty alleviation. Poverty is much more than simply a lack of material resources, and it takes much more than donations and handouts to solve it. When Helping Hurts shows how some alleviation efforts, failing to consider the complexities of poverty, have actually (and unintentionally) done more harm than good. But it looks ahead. It encourages us to see the dignity in everyone, to empower the materially poor, and to know that we are all uniquely needy—and that God in the gospel is reconciling all things to himself. Focusing on both North American and Majority World contexts, When Helping Hurts provides proven strategies for effective poverty alleviation, catalyzing the idea that sustainable change comes not from the outside in, but from the inside out.

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