Travelogue - Essay Example

Comments (0) Cite this document
As Muhammad Yunus narrated his story and how microcredit was born, it was very interesting to know that the narrator once lived in a very poor country but managed to build himself up despite this fact. Upon his narration in the video one can feel his sincerity to help and…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.3% of users find it useful
Read TextPreview

Extract of sample "Travelogue"

Yunus and Microcredit As Muhammad Yunus narrated his story and how microcredit was born, it was very interesting to know that the narrator once lived in a very poor country but managed to build himself up despite this fact. Upon his narration in the video one can feel his sincerity to help and create a difference. He left his country Bangladesh in 1965 when income was as low as $300 and literacy rate was very down, facts that the said country was struggling very hard. He took the opportunity of taking a scholarship at Colorado where he finished his orientation course in Economics. He came back to Bangladesh in 1972 when it was struggling to liberate from Pakistan. This was the time when he wanted to make a difference and became very active in the said struggle. He was part of the planning commission in charge of planning the economy.
It was very remarkable to note that even with what he has achieved in life, he was passionate to help those poor people 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, teaching 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 system 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 collateral. He wanted to learn the realities of being poor and his experience in Jobra helped him realize that tiny loans offered to people for self-employment was one of the successful ways.
Grameen Bank was born and this has started 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 only question in his mind was “How do I do more of this?” This question led eventually more than 250 institutions operating microcredit system in more than 100 countries based on Grameen Bank model. Yunus indeed is a real “Banker to the poor”.
Microfinancing or microcredit as a solution to the problem of extreme poverty, can be considered to be very unique yet a very brilliant idea. This system has given those poor people the opportunity to improve their lives. If this idea hasn’t been thought of, who will lend money to those poor people? It is a fact that they don’t have anything to give as collateral or security but their words and their promise to pay. Thus, microcredit system can be considered a promising solution to extreme poverty.
Reference: Read More
Cite this document
  • APA
  • MLA
(“Travelogue Essay Example | Topics and Well Written Essays - 250 words”, n.d.)
Travelogue Essay Example | Topics and Well Written Essays - 250 words. Retrieved from
(Travelogue Essay Example | Topics and Well Written Essays - 250 Words)
Travelogue Essay Example | Topics and Well Written Essays - 250 Words.
“Travelogue Essay Example | Topics and Well Written Essays - 250 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document


Consumer Behaviour: Nescaf - How their marketing mix influences consumer cognitive, affective and behavioural responses

11 Pages(2750 words)Essay

Travels with Charley: In Search of America by John Steinbeck

...? Travels with Charley: In Search of America by John Steinbeck al affiliation Introduction: John Steinbeck is the author of the book “Travel with Charley: In search of America.” John Steinbeck is an American writer and who is known for the Pulitzer Prize for his novels like The Grapes of Wrath and East of Eden. He has written twenty seven books including novels, non-fiction books and other short stories. In 1962, John Steinbeck received a Nobel Prize for Literature. Steinbeck was born on 27 February 1902 in California. His father was a treasurer of Monterey Country and his mother was a school teacher. The book Travel with Charley in search of America is a travelogue by John Steinbeck with his poodle Charley. He wrote this...
3 Pages(750 words)Book Report/Review

Competiton Between Wawa and Royal Farms

4 Pages(1000 words)Research Paper

Adventures of Tom Sawyer & A Tramp Abroad

...which appealed more to the reader adding further interest amongst the readers. “A Tramp Abroad” follows an entirely different theme and pattern. It is a fiction piece written by Twain to raise money after his Bankruptcy, where he adds humor and satire to the travelogue. This book illustrates his journey along with his companion Harris who accompanies his through his journey to West Germany, Switzerland, Alps and Italy. The plot revolves around the journey to these various places, where he observes different people and their reactions towards situations and describes them in interesting ways. He creates situations where he pretends to understand various situations and occurrences specific to the culture of the places he...
3 Pages(750 words)Essay

Travelogue - Tour of New Delhi

...Travelogue - Tour of New Delhi Introduction This travelogue narrates the events, incidents, findings and the remarkable lessons I learnt from my tour of New Delhi, India. I have always wanted to visit India. Since I was a kid, our family doctors have always been Indian. We have had three family doctors so far and the second one relocated back to India only one year ago citing family responsibilities. Every time I interacted with them, I was thrilled by their stories about India. Their accent made it even more thrilling. They often referred to themselves as Indians in the diaspora. They would tell me how large India is, the unique architectural designs in the cities, the festivities, the trains, the monsoons, the ethnic diversity... not go...
9 Pages(2250 words)Essay

Answer the following question after reading Heart of Darkness Why does Marlowe lie to Kuitz's fiancee at the end of the Heart of Darkness

...Why Marlow lie to Kurtz's Fianc "We know that art is not truth. Art is a lie that makes us realize truth, at least the truth that is given to us to understand. The Artist must know the manner whereby to convince others of the truthfulness of his lies" (Picasso). In fiction, writers have power to create disbelief and hold the reader into a satisfactory understanding of the plot so that they feel the vehicle of fiction is being driven by capable driver. Readers are puppets in the hands of a writer and could be manipulated with their ability and creativity to move in and out from scene to scene and from plot to plot. In "Heart of Darkness," considered as a travelogue and true life experience of Conrad, readers are exposed to...
4 Pages(1000 words)Essay

Marco Polo

...travelled on the Silk Road to reach further than his predecessors, and explore the new land of China, and returned to his land to narrate the tales of his explorations that later became the greatest travelogue to humanity. Bartolomeu Diaz (c. 1450 - 1500), the Portuguese navigator, has been remembered as the first explorer to round the Cape of Good Hope, which was considered an unattainable task. Diaz's name is written in golden letters in the history of European explorations as he was one of the great Portuguese sailors who helped find the south-eastern sea route between Western Europe and Asia. "The first European to see the stormy Cape of Good Hope at the southern tip of Africa was Bartholomew Diaz (or Dias), a...
4 Pages(1000 words)Essay

The Film

...Chris Marker’s Sans Soleil (Sunless) and Alain Resnais’ Nuit et Brouillard (Night and Fog) are perhaps two pieces of French cinema which are, withoutany doubt, classics. Both of them are not mainstream movies, dealing with very different subject matters on the surface, however, with certain similarities present between them. Chris Marker’s Sans Soleil is a travelogue of sorts set mostly in Japan and Guinea-Bissau, with some calling it a visual essay or a visual letter or a mockumentary, as it is mostly fictional. The director, Chris Marker, has tried to explore the themes of, among other things, time and memory, and how we humans perceive them. Adopting a light-hearted tone, Marker takes the unique approach of editing...
6 Pages(1500 words)Essay


... which includes their lovemaking and death. The narrator of this story wraps actions for both the major characters. This creates a sense of accuracy and reliability of the narration. It utilizes literary techniques to correctly display the themes of patriotism, love and suicide by using the Japanese way of life. Work cited Mishima, Yukio and Sergeant, Geoffrey. Patriotism, Mutantfrog Travelogue, p 1-5. Web, 18th Feb. 2012: ... Patriotism by Yukio Mishima Patriotism is one of Yukio Mishima’s narration which focuses on patriotism, love and suicide by using the Japanese way of life to explain the main themes. Patriotism to the ancient people rotated around the love of the country and love of the family, but love of the country always came...
2 Pages(500 words)Essay

Mary Tudor Impaled her Church on the Horns of an Impossible Dilemma: A Critical Evaluation

11 Pages(2750 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Travelogue for FREE!

Contact Us