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Twentytwo Cents: Muhammad Yunus And The Village Bank
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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 (Twentytwo 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, Muhammads Compassion And Determination Changed The Lives Of Millions Of People By Loaning The Equivalent Of More Than Ten Billion Us Dollars In Microcredit. This Has Also Served To Advocate And Empower The Poor, Especially Women, Who Often Have Limited Options. Twentytwo Cents Is An Inspiring Story Of Economic Innovation And A Celebration Of How One Personlike One Small Loancan Make A Positive Difference In The Lives Of Many.
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- Q: What is the binding type of this book? A: This book has a hardcover binding. Hardcover books are durable and suitable for long-term use.
- Q: How many pages does this book have? A: This book contains forty pages. It is a concise biography suitable for a quick yet informative read.
- Q: What are the dimensions of this book? A: The dimensions of this book are nine inches in length, five hundred inches in width, and eleven point twenty-five inches in height. These dimensions make it a manageable size for both reading and display.
- Q: Who is the author of this book? A: The author of this book is Paula Yoo. She is known for her engaging storytelling and informative biographies.
- Q: What is the genre of 'Twenty-Two Cents'? A: The genre of this book is biography. It focuses on the life and achievements of Muhammad Yunus.
- Q: Is this book suitable for children? A: Yes, this book is suitable for children. It presents valuable lessons on empathy and social responsibility.
- Q: How can I use this book for educational purposes? A: You can use this book to teach children about social activism and entrepreneurship. It showcases the impact of micro-lending on poverty alleviation.
- Q: Is there a recommended age range for readers of this book? A: This book is recommended for readers aged eight and above. Its themes are accessible and inspiring for younger audiences.
- Q: What topics are covered in 'Twenty-Two Cents'? A: The book covers topics such as poverty, social entrepreneurship, and the life of Muhammad Yunus. It emphasizes the importance of compassion in economic innovation.
- Q: How do I care for this hardcover book? A: To care for this hardcover book, store it in a dry place and avoid exposure to direct sunlight. This will preserve its condition.
- Q: Is this book safe for young readers? A: Yes, this book is safe for young readers. It contains no inappropriate content and promotes positive values.
- Q: What should I do if my book arrives damaged? A: If your book arrives damaged, please contact customer support for assistance. They will guide you through the return or replacement process.
- Q: Can I gift this book to someone interested in social issues? A: Yes, this book makes an excellent gift for anyone interested in social issues. It provides insight into the impact of micro-lending.
- Q: What is the main message of 'Twenty-Two Cents'? A: The main message of this book is that small actions can lead to significant changes. It highlights the transformative power of micro-loans.
- Q: Where can I purchase 'Twenty-Two Cents'? A: You can purchase 'Twenty-Two Cents' from various online retailers and bookstores. It is widely available.