false 27533 20 It began with a simple $27 loan. After witnessing the cycle of poverty that kept many poor women enslaved to high-interest loan sharks in Bangladesh, Dr. Muhammad Yunus lent money to 42 women so they could purchase bamboo to make and sell stools. In a short time, the women were able to repay the loans while continuing to support themselves and their families. With that initial eye-opening success, the seeds of the Grameen Bank, and the concept of microcredit, were planted.<p> After earning a Ph.D. in economics at Vanderbilt University, Dr. Yunus returned to Bangladesh to settle into a life as a professor. But a famine in 1974 ravaged the country, leading Dr. Yunus to alter his thinking and his life profoundly: "What good were all my complex theories when people were dying of starvation on the sidewalks and porches across from my lecture hall?.... Nothing in the economic theories I taught reflected the life around me." Armed with little more than a lofty dream to end the suffering around him, he started an experimental microcredit enterprise in 1977; by 1983 the Grameen Bank was officially formed.<p> The idea behind the Grameen Bank is ingeniously simple: extend credit to poor people and they will help themselves. This concept strikes at the root of poverty by specifically targeting the poorest of the poor, providing small loans (usually less than $300) to those unable to obtain credit from traditional banks. At Grameen, loans are administered to groups of five people, with only two receiving their money up front. As soon as these two make a few regular payments, loans are gradually extended to the rest of the group. In this way, the program builds a sense of community as well as individual self-reliance. Most of the Grameen Bank's loans are to women, and since its inception, there has been an astonishing loan repayment rate of over 98 percent.<p> <I>Banker to the Poor</I> is an inspiring memoir of the birth of microcredit, written in a conversational tone that makes it both moving and enjoyable to read. The Grameen Bank is now a $2.5 billion banking enterprise in Bangladesh, while the microcredit model has spread to over 50 countries worldwide, from the U.S. to Papua New Guinea, Norway to Nepal. Ever optimistic, Yunus travels the globe spreading the belief that poverty can be eliminated: "...the poor, once economically empowered, are the most determined fighters in the battle to solve the population problem; end illiteracy; and live healthier, better lives. When policy makers finally realize that the poor are their partners, rather than bystanders or enemies, we will progress much faster that we do today." Dr. Yunus's efforts prove that hope is a global currency. <I>--Shawn Carkonen</I> 1390141 8 1 1999 Banker to the Poor: Micro-Lending and the Battle Against World Poverty total:1412|5:480|4:604|3:286|2:39|1:3| 1412 5755 2378 392 4 2 false false Fri Aug 01 00:00:00 -0700 2008 Mon Jun 16 09:59:37 -0700 2008 Fri Aug 01 23:23:32 -0700 2008 more...]]> 4 2 false false Tue Jan 01 00:00:00 -0800 2002 Fri Apr 18 21:45:49 -0700 2008 Fri Apr 18 21:58:10 -0700 2008
Anyways, me and Mr. Yunus are best friends because once he spoke at the library in Salt Lake City, and when I heard about it I drove down and sat shyly on the ba...more...]]> 4 2 false false Sun Feb 24 22:59:21 -0800 2008 Wed Jul 02 03:14:06 -0700 2008
Hingga akhir 2006, Bank Grameen telah mengucurkan kredit...more...]]> 4 1 false false Sun Jun 10 15:28:58 -0700 2007 Sun Jun 10 15:29:52 -0700 2007 Just an amazing story, how an economics professor from Bangladesh, trained in the U.S., goes back to his country to do "nation-building" and finds enormous untapped potential among the poor. Harnesses a stripped-down, modified version of traditional banking to start a bank that event...more...]]> 4 0 false false Sun Mar 15 00:00:00 -0700 2009 Sun Mar 15 19:49:47 -0700 2009 Sun Mar 15 19:50:01 -0700 2009 more...]]> 5 0 false false Wed Feb 18 00:00:00 -0800 2009 Mon Mar 02 10:37:15 -0800 2009 Mon Mar 02 10:54:47 -0800 2009 more...]]> 4 0 false false Tue Sep 01 00:00:00 -0700 2009 Sun Sep 06 12:06:38 -0700 2009 Sun Sep 06 13:38:36 -0700 2009 more...]]> 4 0 false false Sat Aug 15 00:00:00 -0700 2009 Thu Aug 27 08:50:52 -0700 2009 Thu Aug 27 17:32:29 -0700 2009 more...]]> 3 0 false false Sun Aug 23 00:00:00 -0700 2009 Sun Aug 23 22:55:28 -0700 2009 Mon Aug 24 00:54:23 -0700 2009
buku ini membosankan, meskipun sebenernya pemikirannya bagus. entah karena stamina membacaku uda ...more...]]> 3 0 false false Mon Jun 01 00:00:00 -0700 2009 Wed Jun 24 10:48:04 -0700 2009 Wed Jun 24 10:54:03 -0700 2009
Overall, it didn't leave me too much less ambivalent about microcredit than when I started. Obviousl...more...]]> 3 0 false false Mon May 11 00:00:00 -0700 2009 Sat May 09 22:34:48 -0700 2009 Mon May 11 12:32:07 -0700 2009 more...]]> 4 0 false false Thu Feb 26 00:00:00 -0800 2009 Tue Mar 31 16:32:48 -0700 2009 Thu Apr 02 21:50:36 -0700 2009 more...]]> 4 0 false false Sat Nov 29 00:00:00 -0800 2008 Tue Nov 25 14:13:44 -0800 2008 Sat Nov 29 08:34:12 -0800 2008 more...]]> 5 0 false false Thu Sep 10 00:00:00 -0700 2009 Thu Sep 03 23:00:39 -0700 2009 Thu Sep 10 16:18:13 -0700 2009
This book was the most exciting example of free market approaches to eradicating poverty that I’ve read, and perhaps the most effective method currently being tried.

In 1976, wh...more...]]> 5 1 false false Tue Jul 08 14:48:28 -0700 2008 Thu Jun 26 18:47:49 -0700 2008 Tue Jul 08 14:48:28 -0700 2008
Forget theories, classrooms, and endless postulating. Acting on a desire to help others will go so much further than all of aggrandized theories and reticent intentions.

...more...]]> 3 1 false false Wed Jul 25 10:37:45 -0700 2007 Sun Feb 24 01:40:05 -0800 2008
Buku ini kisah perjalanan dalam memerangi kemiskinan di negeri yang carut marut dan tantangan budaya yang sulit bagi pemberdayaan perempuan.

Penya...more...]]> 5 1 false false Sat Sep 01 00:00:00 -0700 2007 Thu Sep 13 19:19:35 -0700 2007 Mon Oct 08 02:21:14 -0700 2007
I wont say that his approach is the best way to help the poor, but one should learn how theory put into practice by Yunus. 30 years of struggling ...more...]]> 5 1 false false Sun Jan 01 00:00:00 -0800 2006 Sat Jul 14 12:16:02 -0700 2007 Sat Jul 14 12:21:08 -0700 2007 more...]]> 5 0 false false Fri Apr 17 00:00:00 -0700 2009 Mon Apr 06 12:24:34 -0700 2009 Tue Apr 21 16:53:35 -0700 2009 more...]]> 3 0 false false Thu Jan 01 00:00:00 -0800 2009 Thu Feb 12 11:56:05 -0800 2009 Thu Feb 12 12:15:30 -0800 2009 more...]]>