Saturday, April 27, 2019
Travelogue Essay Example | Topics and Well Written Essays - 250 words
Travelogue - Essay ExampleHe came back to Bangladesh in 1972 when it was attempt to liberate from Pakistan. This was the time when he cute to make a difference and became truly active in the said struggle. He was part of the planning commission in charge of planning the economy.It was very scarce to note that even with what he has achieved in life, he was passionate to help those poor commonwealth in Bangladesh to lift up their lives out of poverty. He thought of steps and possible strategies as solutions to this problem. According to Yunus, educational activity well-designed economics strategies to his students were ineffectual when you see hungry people everywhere, old and young people looking alike. This was when microcredit corpse was born. Yunus believed that microcredit system was the optimal answer to fight poverty. The microcredit strategy includes providing credit to the poor without involving any confirmative. He wanted to learn the realities of being poor and his e xperience in Jobra helped him realize that tiny loans offered to people for self-employment was one of the prosperous ways.Grameen Bank was born and this has fountained the economic revolution. Unlike the conventional banking system, Grameen bank does not require any collateral and extends their loans to those who are considered to be the poorest. The bank also focuses on women borrowers. To be able to make a loan, a villager must prove that her family owns not more than one half acre of land. This system was way considered unusual. For someone to start this kind of system and exert efforts to help without any security, Yunus is really an exceptional human being with so much passion to help the poor. This microcredit system is therefore mainly based on mutual trust. This very successful strategy that started with 42 people was due to the person who has a heart to make people very happy with small amount of money. As per Yunus after he has started to lend money to the poor, the so lo question in his mind was How do I do
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