Lessons for Hope
Home Teachers Students Scrapbook Projects    
Lessons for Hope Email Lessons for Hope Roots & Shoots Lessons for Hope Home Lessons for Hope Credits
 
Student's Journal

Muhammad Yanus

Muhammad Yanus was a professor of economics when his life changed during the 1974 famine of Bangladesh. He wanted to learn more about why people were dying of starvation, so he visited a village and talked to a young woman named Sufia Degum, who was making bamboo stools. Yanus learned that she, like many others, was caught in a cycle of poverty. Degum had to borrow the equivalent of 22 cents from a middleman for her supplies. To repay her loan, she had to sell him the stools at the end of each day, profiting only 2 cents a day. There were 42 people in the village who were in the same position. The total cost of opening their own businesses was approximately $27.00, so Yanus, with $27 from his pocket, made those loans. He tried to persuade the banks to provide credit to the people but they refused. So Yanus started the Grameen Bank which eventually loaned over $2 billion in small amounts to people living in poverty. His willingness to lend to the poor inspired other micro-lending programs, including one that is part of JGI’s TACARE project.
 Student's Journal:
 Unit One
  ArrowRoots
  ArrowShoots
  ArrowMentors
 Unit Two
  ArrowObserver
  ArrowPioneer
  ArrowExpert
 Unit Three
  ArrowKnowledge
  ArrowCompassion
  ArrowAction
 Unit Four
  ArrowResilience
  ArrowPerseverance
  ArrowCelebration
 
 Related Topics:
  ArrowABC's of Chimp Behavior
  ArrowDr. Jane's Scrapbook
  ArrowE-Card
  ArrowMultiple Intelligences
Profile
  ArrowOnline Dictionary
  ArrowTree Sketching Guide
 
 Site Information:
  ArrowHelp
  ArrowImage Credits
  ArrowSite Map
  Email Lessons for Hope to a Friend  
Lessons for Hope Contact Info
© 2010 Jane Goodall Institute: Lessons for Hope - Content. All Rights Reserved.
© 2010 3rd Learning - "Lessons For Hope" Website. All Rights Reserved.