The Price of a Dream: The Story of the Grameen Bank

Paperback | September 29, 2005

byDavid Bornstein

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The Price of a Dream tells the remarkable story of the Grameen Bank, the groundbreaking "village bank" that has revolutionized the way people around the world fight poverty. The Bank's model--providing collateral-free "micro-loans" for self-employment to millions of women villagers inBangladesh--has inspired and shaped the thinking of economists, policy makers, business people, development workers and a generation of social entrepreneurs. Both liberal and conservative policy circles have championed the Bank's ability to transform the lives of its clients and help them escape thevicious cycle of deep economic hardship. Drawing upon interviews with villagers, development workers, economists, and the Bank's founder Muhammad Yunus--a recipient of numerous humanitarian awards--the book shows how the Grameen Bank grew from an experiment in one village to an organization that lends billions of dollars in smallindividual loans.

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The Price of a Dream tells the remarkable story of the Grameen Bank, the groundbreaking "village bank" that has revolutionized the way people around the world fight poverty. The Bank's model--providing collateral-free "micro-loans" for self-employment to millions of women villagers inBangladesh--has inspired and shaped the thinking of ...

David Bornstein is a journalist who has written articles for Atlantic Monthly, Details, Newsday, and Science. He is author of How to Change the World: Social Entrepreneurs and the Power of New Ideas, which was described by the Iew York Times as "must reading" for "anyone who cares about building a more equitable and therefore a more s...

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Format:PaperbackDimensions:376 pages, 6.1 × 9.02 × 0.98 inPublished:September 29, 2005Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0195187490

ISBN - 13:9780195187496

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"If there is one man who has achieved stardom of sorts at the United Nations Fourth World Conference on Women [September 1995], it is [Muhammad Yunus] who wandered into a desperately poor village and got an idea that is changing the face of banking."--New York Times