Poor Always Pay Back: The Grameen Ii Story

Description

Buy Poor Always Pay Back: The Grameen Ii Story Second hand books, Authored by asif dowla, Kumarian Press in paperback binding from Used Book Store.

This book introduces Grameen II, a refined and adaptable evolution of the traditional Grameen model, currently employed to financially support families in need in over a hundred countries through savings and loan programs. It details how a leading institution successfully transformed its system. “”The Poor Always Pay Back”” explains Grameen II to policymakers, practitioners, and the development community, demonstrating how it addresses key microfinance challenges: accessible savings, flexible loan options, self-sufficiency, and independent funding, alongside product development for retirees and their children’s education. Offering insights into practical poverty alleviation strategies in developing countries, this book provides evidence of the saving potential of those with limited resources on a large scale. The success of this approach confirms the financial reliability of the poor, and Grameen II demonstrates their capacity to save and repay loans when given the opportunity.

About the Author

Asif Dowla is a professor of economics at St. Mary’s College of Maryland. He has published various articles on economics and aspects of microfinance such as leasing, savings mobilization and social capital. In 1997, he received a fellowship to spend a year on sabbatical at Grameen Bank. Dipal Chandra Barua is the Deputy Managing Director of Grameen Bank and the Managing Director of the Grameen Shakti in Bangladesh. He has extensive experience in the field of poverty alleviation, microcredit, rural development and people’s participation as a result of being a core founder of Grameen Bank. He serves on the board of directors of 16 sister organizations of Grameen Bank including Grameen Phone, the largest cell phone company in South East Asia, and Project Enterprise, a micro lending program in New York.

9781565492318 ISBN
Microeconomics
Business & Economics