{"product_id":"twenty-two-cents-muhammad-yunus-and-the-village-bank-9781620148099","title":"Twenty-Two Cents: Muhammad Yunus and the Village Bank","description":"\u003cb\u003e\u003c\/b\u003e\u003cp\u003eA biography of 2006 Nobel Peace Prize winner Muhammad Yunus, who revolutionized global antipoverty efforts by developing the innovative economic concept of micro-lending.\u003c\/p\u003e\u003cp\u003eNow in paperback  \u003c\/p\u003e\u003cp\u003eGrowing 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.\u003c\/p\u003e\u003cp\u003eInspired, 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.\u003c\/p\u003e\u003cp\u003e\u003cem\u003eTwenty-two Cents\u003c\/em\u003e 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.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Lee \u0026amp; Low Books\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 04\/03\/2018\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9781620148099\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 40\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.40lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 10.60h x 8.40w x 0.30d\u003cbr\u003e\u003cb\u003eAccelerated Reader Quiz #\/Name: \u003c\/b\u003e169346 \/ Twenty-Two Cents: Muhammad Yunus and the Village Bank\u003cbr\u003e\u003cb\u003eReading Level:\u003c\/b\u003e 6.5 \/ \u003cb\u003eInterest Level:\u003c\/b\u003e Middle Grade \/ \u003cb\u003ePoint Value:\u003c\/b\u003e 0.5\u003cbr\u003e","brand":"Paula Yoo","offers":[{"title":"Default Title","offer_id":42077550149813,"sku":"9781620148099","price":11.01,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0473\/0804\/6492\/products\/img_fa06e74e-ce30-441b-9e4a-06b1e88a45ff.jpg?v=1650957073","url":"https:\/\/pastforward.org\/products\/twenty-two-cents-muhammad-yunus-and-the-village-bank-9781620148099","provider":"Past Forward","version":"1.0","type":"link"}