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.
Publications
Content Type: Resource Type
Resource Type: Book
Author: Asif Dowla and Dipal Barua of Grameen Bank
Publication Date: July 17, 2015
Date created: July 17, 2015
More Pathways Out of Poverty explores new practices in microfinance, some of them revolutionary, and draws on the success of the industry to illustrate the challenges involved in lifting clients out of poverty. Taken together, the contributions from leading microfinance leaders and institutions serve as a map for ensuring that microcredit contributes powerfully to cutting absolute poverty in half by 2015.
Content Type: Resource Type
Resource Type: Book
Author: edited by Sam Daley-Harris with contributions from Grameen Foundation staff
Publication Date: July 17, 2015
Date created: July 17, 2015
Achieve competitive financial returns and make a difference at the same time by applying the information in Compelling Returns: A Practical Guide to Socially Responsible Investing, a well-rounded guide to socially responsible investing (SRI). Understand the basics of SRI and discover how you can align your values with your investments by choosing from three basic strategies. Learn to implement these strategies in your investment portfolios and combine your newfound knowledge with the basic principles of successful investing. An up-to-date directory of companies involved with SRI is included.
Content Type: Resource Type
Resource Type: Book
Author: by Scott Budde, CFA, Managing Director, Global Social & Community Investing, TIAA-CREF (September 2008)
Publication Date: July 17, 2015
Date created: July 17, 2015
This book is the compelling story of the Grameen Bank, one of the most successful development organizations in the world. Founded by Muhammad Yunus in Bangladesh in 1976, the Grameen Bank has extended small loans for self-employment to more than two million women villagers and has helped lift hundreds of thousands out of poverty. The Grameen Bank's "trickle up" approach has inspired the creation of hundreds of "micro-credit" programs around the world and helped to reshape international development policy.
Content Type: Resource Type
Resource Type: Book
Author: David Bernstein
Publication Date: July 17, 2015
Date created: July 17, 2015
Reviews:
Content Type: Resource Type
Resource Type: Book
Author: Professor Mohammad Yunus
Publication Date: July 17, 2015
Date created: July 17, 2015
Inside front flap: The stark reality of global poverty—the poorest half of the world's population owns less than one percent of its assets, and that nearly one billion people subsist on less than $1 per day—rarely registers even a ripple in the international media. Western attempts to stem hunger and poverty are often piecemeal and ineffective, applying band-aids rather than finding permanent solutions. But Muhammad Yunus, visionary founder of the Grameen Bank, has demonstrated different and more inclusive ways of approaching the problems that confront humanity. In creating Grameen, he turned the conventional wisdom of traditional financial institutions on its head: instead of seeking out wealthy people with collateral and excluding the poor, Yunus sought out the impoverished and excluded the rich. His approach, known as microfinance, has revolutionized global antipoverty efforts.
Content Type: Resource Type
Resource Type: Book
Author: Alex Counts
Publication Date: July 17, 2015
Date created: July 17, 2015
Co-published by Grameen Foundation & American Red Cross
Content Type: Resource Type
Resource Type: Book
Author: Grameen Foundation and American Red Cross
Publication Date: July 17, 2015
Date created: July 17, 2015
Muhammad Yunus, the practical visionary who pioneered microcredit and, with his Grameen Bank, won the 2006 Nobel Peace Prize, has developed a visionary new dimension for capitalism which he calls “social business.” By harnessing the energy of profit-making to the objective of fulfilling human needs, social business creates self-supporting, viable commercial enterprises that generate economic growth even as they produce goods and services that make the world a better place.
Content Type: Resource Type
Resource Type: Book
Author: Professor Mohammad Yunus
Publication Date: July 17, 2015
Date created: July 17, 2015
This comprehensive guide was developed by Grameen Foundation and Grameen Trust to provide microfinance institutions seeking to learn from the Grameen Bank approach with the information they need to create or expand programs to provide financial services to the poor.
Content Type: Resource Type
Resource Type: Book
Publication Date: July 17, 2015
Date created: July 17, 2015
One of India's largest companies, L&T Finance has purchcased 26 percent of the Grameen Capital India (GCI), which was cofounded by Grameen Foundation.
Content Type: Grameen in the News
Publication Date: July 14, 2015
Date created: July 14, 2015