Download or read book The Rise and Fall of Muhammad Yunus and the Microcredit Model written by Milford Bateman and published by . This book was released on 2014 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper looks at the microcredit model made famous by Dr. Muhammad Yunus and explains the key reasons why it has failed as a poverty reduction and local development instrument. It also briefly analyses some of the reactions to this failure by the microcredit industry and why many microcredit supporters nevertheless still stand behind the model in spite of its failure.