Microfinance or Debt Trap - Case for Yunus' Grameen Bank in Bangladesh - Bok av Mohammad Ashraf - Häftad
The idea of ¿microfinance'' is, in fact, the brainchild of Muhammad Yunus, a Nobel Laureate (2006) Economics Professor of the University of Chittagong in Bangladesh, who materialized his idea into a project initiated in the village compound of ¿Jobra'' closed to that university in 1976. In 1983, the project was transformed into a full-fledged microfinance institute named as Grameen Bank (GB). Until today the age of GB is more than 30 years, but how far has the poverty been eradicated from the society..