"An uplifting, readable view of economics. Enthusiastically
recommended."
"Extremely useful for pro-poor bankers, supportive policy leaders
of governments and policy-oriented academics and students to have
this book on their shelves."
"If the Grameen Bank is one of the great inventions of our time,
"Grameen Bank II" is one of the great re-inventions. Spurred by
crisis, fundamental premises were re-thought. A bank once known for
delivering "microcredit" turned into an innovator in collecting
savings. A bank once known for "group lending" strengthened its
relationships with individual customers. We should all be grateful
that two long-time insiders have told the story of a remarkable
transformation."
"The radical transformation of its products that Grameen Bank
engineered at the turn of the century has not yet received the
international attention and admiration that it deserves. This
timely book sets out the background to the changes and describes in
detail the debates and experiments that led to the new services. It
is essential reading for institutions around the world that admire
or use the Grameen approach, and a contribution to microfinance
literature in general."
"The sensitivity exhibited in portraying harsh realities is
commendable. The story is at once challenging and motivating...
Western society characterizes the poor as 'dirty', 'dishonest',
'lazy' and 'incapable of planning'. The book provides us with
overwhelming, concrete evidence to the contrary."
"The two former students of Grameen's visionary founder Muhammad
Yunus offer a balanced perspective. They provide the definitive
account of the overhaul in the design of the world's most important
microfinance institution."
"This accessible work provides considerable detail about how the
bank evolved and why. Highly recommended."
"This book captures very well the central message of Grameen - the
poor always pay back... I hope this book will inspire readers to
play an active role in creating a world free from poverty."
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