Chapter Five…”). The success of the said project had been based on the unconventional rules that the institution had established. One is the provision of loans to mostly woman on the basis of the belief that they are the persons who definitely care for the welfare of the family to the point of putting them on the top priority above their own needs. Another is the fact that the project offered less interest, longer payment period and on a weekly payment basis. These rules lessen the pressure of paying at one time during the end of the period with higher interest. The loan system is based on trust thus no legal actions are involved and support groups are established. It can be considered that through the contributing benefits of the said methods the project had helped many starting from the time it had been established through the course of its history (Yunus “Chapter Five…”). Due to the belief of Yunus in the role of women, he worked hard on increasing the participation of woman as both workers and borrowers. In cases of borrowers, women in the Bangladesh culture are conservative and traditional, thus, they are not given rights to hold any amount. Convincing them to join groups and borrow can be considered unconventional specifically since they have a culture of women and men’s distinct separation. Two Approaches to Relieving Poverty.
Yunus, Muhammad and Alan Jolis. “Chapter Eight: Growth and Challenges for the Bank for the Poor, 1984-1990." Banker to the Poor: The Autobiography of Muhammad Yunus, Founder of Grameen Bank. Oxford University Press, 2001
Yunus, Muhammad and Alan Jolis. “Chapter Five: A Pilot Project is Born.” Banker to the Poor: The Autobiography of Muhammad Yunus, Founder of Grameen Bank. Oxford University Press, 2001
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