Give Us Credit

Give Us Credit by Alex Counts, published by Times Books/Random House in March 1996, is a detailed exploration of Muhammad Yunus’s efforts to address poverty in Bangladesh through innovative banking solutions. This first edition spans 361 pages and is presented in English. The book outlines Yunus’s journey after returning to his homeland with an American doctorate in economics, focusing on the establishment of the Grameen Bank, which has provided significant loans to millions of borrowers, primarily women.
Readers will find an in-depth examination of the Grameen Bank’s impact on poverty alleviation and its remarkable repayment rates despite serving some of the most economically disadvantaged individuals. The narrative delves into the principles of microfinance and the role of banks in fostering economic empowerment. Through this account, the book sheds light on the intersection of banking and social change, offering insights into the challenges and successes faced in the pursuit of financial inclusion.
Official synopsis Publisher
When Muhammad Yunus returned to his native Bangladesh 25 years ago with an American doctorate in economics, he set out to try and combat the entrenched poverty there. By 1995, his Grameen Bank had made loans totaling $500 million to two million borrowers, mostly women. In spite of the fact that these borrowers were the poorest of the poor, Grameen has had a near-perfect repayment rate.
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