Best Children's Books of the Year, Bank Street College of Education Junior Library Guild Selection Best Multicultural Books, Center for the Study of Multicultural Children's Books Notable Books for a Global Society, International Literacy Association (ILA) Choices, Cooperative Children's Book Center (CCBC) Skipping Stones Honor Award, Skipping Stones Magazine Social Justice Literature Award, International Literacy Association (ILA) South Asia Book Award Winner, South Asia National Outreach Consortium (SANOC)A biography of 2006 Nobel Peace Prize winner Muhammad Yunus, who revolutionized global antipoverty efforts by developing the innovative economic concept of micro-lending.Now in paperback!Growing up in Bangladesh, Muhammad Yunus witnessed extreme poverty all around and was determined to eradicate it. In 1976, as an Economics professor, Muhammad met a young craftswoman in the village of Jobra who needed to borrow five taka (twenty-two cents) to buy materials. No bank would lend such a small amount to an uneducated woman, so she was forced to borrow from corrupt lenders who charged an unfair interest rate, and left her without enough profit to buy food. Muhammad realized that what stood in the way of her financial security was just a few cents.Inspired, Muhammad founded Grameen Bank where people could borrow small amounts of money to start a job, and then pay back the bank without exorbitant interest charges. Over the next few years, Muhammad's compassion and determination changed the lives of millions of people by loaning the equivalent of more than ten billion US dollars in micro-credit. This has also served to advocate and empower the poor, especially women, who often have limited options.Twenty-two Cents is an inspiring story of economic innovation and a celebration of how one person-like one small loan-can make a positive difference in the lives of many.
✔ Author(s): Paula Yoo,Jamel Akib
✔ Title: Twenty-Two Cents: Muhammad Yunus and the Village Bank
✔ Rating : 4.3 out of 5 base on (23 reviews)
✔ ISBN-10: 1620148099
✔ ISBN-13: 9781620148099
✔ Language: English
✔ Format ebook: PDF, EPUB, Kindle, Audio, HTML and MOBI
✔ Device compatibles: Android, iOS, PC and Amazon Kindle
Readers' opinions about Twenty by Paula Yoo
Lucy Garraway
This book has reignited my passion for reading. It reminded me of the sheer joy that can be found in losing oneself in the pages of a good story. I can't wait to explore more books now.
Katherine Stevenson
The depth of character development was astounding. I felt like I knew each person intimately, understanding their hopes, fears, and dreams. It made the story so much more meaningful.
Rosa Bax
What an intellectual journey! The themes explored in this book challenged my perceptions and sparked introspection. It's refreshing to read a book that provokes such thought.
