Muhammad Yunus: The founder of Microfinance / Micro Credit Banks
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A biography of 2006 Nobel Peace Prize winner Muhammad Yunus, who revolutionized global antipoverty efforts by developing the innovative economic concept of micro-lending.
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.
Greg Kenton has two obsessions — making money and his long-standing competition with his annoying neighbor, Maura Shaw. So when Greg discovers that Maura is cutting into his booming Chunky Comics business with her own original illustrated minibooks, he’s ready to declare war.
Even if you haven’t been good with money in the past, you can teach your kids how to do things differently—and they’ll actually have fun learning—with Financial Peace Kids! Plus, this toolkit features reinforced fabric envelopes and a heavy-duty Chore Chart that’ll hold up against the wear and tear that comes with having fun.
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