Other Side of the Coin
The Psychological Implications of Microcredit
Microcredit banking is the brainchild of the 2006 Nobel Peace Prize Laureate Muhammad Yunus Professor of Economics at Chittagong University, Bangladesh and Chair of Grameen Bank. From small beginnings, the Microcredit movement has become worldwide. Professor Yunus determined to find a new way to make loans to impoverished peasants who commercial banks would not give credit to as they could not provide the security for the loan. Yunus devised a method to provide microloans to individuals who formed themselves into small groups aiming at mutual support. The loan was provided to the group for each to benefit in sequence. The group, based on trus…
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Produktdetails
Weitere Autoren: Pines, Malcolm (Hrsg.)
- ISBN: 978-1-62618-726-9
- EAN: 9781626187269
- Produktnummer: 17680896
- Verlag: Nova Science Publishers Inc
- Sprache: Englisch
- Erscheinungsjahr: 2013
- Seitenangabe: 149 S.
- Masse: H23.1 cm x B16.4 cm x D1.7 cm 390 g
- Gewicht: 390
- Sonstiges: Professional & Vocational
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