An edition of The price of a dream (1996)

The price of a dream

The price of a dream
David Bornstein
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Last edited by MARC Bot
July 29, 2024 | History
An edition of The price of a dream (1996)

The price of a dream

One afternoon in 1976 an economics professor, taking a walk in a village in Bangladesh, met a poor woman. The woman was trying to support herself by constructing and selling bamboo stools. She earned two cents a day. When the professor asked her why her profit was so low, she explained that the only person who would lend her money to buy bamboo was the trader who purchased her final product and the price he set barely covered her costs.

The professor's instinct was to open his wallet and give her some money. Then he had another thought: Why not give her a loan?

.

That thought became the genesis of a remarkable institution: the Grameen ("Village") Bank. Today, the Grameen Bank is considered the most successful self-sustaining antipoverty program in the world. It has more than two million borrowers - 94 percent of them women - and its approach has been replicated throughout the world, including in hundreds of locations across the United States and Canada.

The Price of a Dream traces the history of the Grameen Bank and in candid, vivid prose transports the reader to one of the world's most dramatic settings for a firsthand view of how this institution is helping millions of people change their lives.

Publish Date
Publisher
Simon and schuster
Pages
370

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Edition Availability
Cover of: The price of a dream
The price of a dream
1996, Simon and schuster

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Book Details


Classifications

Library of Congress
HG3290.6.A8 G7278 1996

ID Numbers

Open Library
OL27929220M
ISBN 13
9780684811918
LCCN
96003836
OCLC/WorldCat
34151444

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July 29, 2024 Edited by MARC Bot import existing book
November 23, 2020 Edited by MARC Bot import existing book
March 19, 2020 Edited by Dustin10 Edited without comment.
March 19, 2020 Created by Dustin10 Added new book.