Twenty-Two Cents

Yoo, Paula

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Yoo, Paula

Veiledende pris

kr 205,00

I salg. Leveringstid 7-30 dager

ISBN/Varenr

9781620148099

Omtale

A biography of 2006 Nobel Peace Prize winner Muhammad Yunus, who revolutionized global antipoverty efforts by developing the innovative economic concept of micro-lending.

Now in paperback!

Growing up in Bangladesh, Muhammad Yunus witnessed extreme poverty all around and was determined to eradicate it. In 1976, as an Economics professor, Muhammad met a young craftswoman in the village of Jobra who needed to borrow five taka (twenty-two cents) to buy materials. No bank would lend such a small amount to an uneducated woman, so she was forced to borrow from corrupt lenders who charged an unfair interest rate, and left her without enough profit to buy food. Muhammad realized that what stood in the way of her financial security was just a few cents.

Inspired, Muhammad founded Grameen Bank where people could borrow small amounts of money to start a job, and then pay back the bank without exorbitant interest charges. Over the next few years, Muhammad's compassion and determination changed the lives of millions of people by loaning the equivalent of more than ten billion US dollars in micro-credit. This has also served to advocate and empower the poor, especially women, who often have limited options.

Twenty-two Cents is an inspiring story of economic innovation and a celebration of how one person-like one small loan-can make a positive difference in the lives of many.

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Produktinformasjon

ISBN/Varenr: 9781620148099
Utgivelsesdato: 03.04.2018
Utgivelsesår: 2018
Forlag: Oni Press,US
Innbinding: Heftet
Språk: Engelsk
Personer: Yoo, Paula, Akib, Jamel
Litteraturtype: Faglitteratur
Emne: Children's Books/Ages 9/12 Biography
Målgruppe: Barn/ungdom
Aldersgrense: 0
Opplag: 0
Utgave: 0
Illustrert: Nei
Sider: 40