Bangladesh Eastern Refinery Muhammad Yunus


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Look back the past by way of the satellite map-F

6- Review my Bangladesh (Eastern Refinery) journey - 1997

A newest information (Dec.13,2008) (At bottom ofthe page)

2008 Candidate of "Touching to China"——WU-LANYU (吴兰玉)

An old woman who is seventy-four years old stress honest and credit, glean and collect scraps for nine years to pay a debt

Item	Area Sq. KM	Population	Persons/Sq. KM
Bangladesh	147570	135,000,000	915
Jiangsu province (China)	102600	74,380,000	725

Bangladesh map. Blue arrow is Chittagong

The project includes 4 diesel tank with 13000 stere. This is first abroad project of Sinopec Jinling petrochemical Corp. In the end of the 1997 year, the project will be finished and checked and accepted. There are a few problem need to consult with buyer. So I was received instructions to resolve the problem with a four persons group. We arrive the Dhaka (The capital of Bangladesh) by flight on Dec.12, 1997, then transship a bus to Chittagong


The rented building just is a project headquarters. We taken a group photo for memory with local folks	This our bedroom, three men live in a room, put up a mosquito net above the plank bed. This is a quite hard journey as compared with previous


five o'clock in the early morning, spread over the pray sound from loudspeaker. We have unable sleep again	We have a lunch in the headquarters.


The Eastern refinery is only refinery (State owned)in Bangladesh. Its capacity is only 33000-bbl/d of crude oil,it is equivalent to Chinese level in the 1950s-1960s	Take a group photo in the site with employees

This is project site, it is four diesel tank with 13000 stere, was general contracted by Sinopec Jinling petrochemical Corp. It was smoothly opened to use in early of 1998 year

See the Eastern refinery from satellite map (See here)

Chittagong face to Bay of the Bengal (see here)


Take a photo front the Bay of Bengal in Chittagong	Hidden smuggling beer below a stone of the bank

In the Dec. 25,1997, we left the Chittagong to Dhaka for go to Singapore. There are some free time in Dhaka, so we visit the Parliament building and the independence monument


In Chittagong street, its traffic is extremely chaos	The Parliament in Dhaka

Bangladesh is a country with long-standing history. It was most developed and prosperous country in the 16th century in the subcontinent. But it became a Britain colony after 18th century. It announced independence in 1971. But unfortunately its development is very slow. The people's life still is very poor. I sincerest wish its state flourishing and people rich in the future

Annex: A banker to the poor -- 2006 Nobel Winner Dr.Muhammad Yunus (Bangladesh)

Muhammad Yunus and Grameen Bank for the poor

I stumbled upon this very interesting and noble deed of Grameen Bank for the poor. The founder Prof Muhammad Yunus was awarded the Nobel Peace Prize in 2006. (See here)

Nobel Winner Yunus

Economics professor Muhammad Yunus wasn't afraid to turn the rules of banking upside down

Editor's Note: Bangladesh's Muhammad Yunus and the bank he founded, Grameen Bank, which created a new category of banking by granting millions of small loans to poor people with no collateral—helping to establish the microcredit movement across the developing world—won the Nobel Peace Prize on Friday. On its Web site, the Norwegian Nobel Committee said it awarded the prize to Yunus, 65, and the bank "for their efforts to create economic and social benefit from below."

As a young economics professor at Chittagong University in Bangladesh in 1976, Muhammad Yunus lent $27 out of his own pocket to a group of poor craftsmen in the nearby town of Jobra. To boost the impact of that small sum, Yunus volunteered to serve as guarantor on a larger loan from a traditional bank, kindling the idea for a village-based enterprise called the Grameen Project. It never occurred to the professor that his gesture would inspire a whole category of lending and propel him to the top of a powerful financial institution.

Today, Yunus runs Bangladesh's Grameen Bank, a leading advocate for the world's poor that has lent more than $5.1 billion to 5.3 million people. The bank is built on Yunus' conviction that poor people can be both reliable borrowers and avid entrepreneurs. It even includes a project called Struggling Members Program that serves 55,000 beggars. Under Yunus, Grameen has spread the idea of microcredit throughout Bangladesh, Southern Asia, and the rest of the developing world.

"At first I didn't think that what I did had any significance in a broader context," he explains. But the mission keeps expanding in scale, and in the meantime, Yunus has grown intimately familiar with the unbearable dimensions of global poverty. As many as 1.2 billion people around the planet lack access to basic necessities, he explains, and microfinance could be their pathway out of despair. "Yunus and Grameen have taken a first step, which has inspired others to take a look at [microfinance] as a business," says John Tucker, deputy director of the microfinance unit at the U.N. Capital Development Fund. (More see here)

Muhammad Yunus earned the nickname "banker to the poor" by giving tiny cash loans -- often the equivalent of a few dollars -- to the poorest of the poor in Bangladesh. That simple idea grew into an international movement so vibrant that Yunus was awarded the 2006 Nobel Prize for Peace. Yunus earned a Ph.D. in economics at Vanderbilt University in 1969. He taught at Middle Tennessee State University before returning to Bangladesh in 1972 to teach economics at Chittagong University. According to a now-famous story, his first loan was given to a group of very poor women from the village of Jobra in 1974; the amount was the equivalent of $27. Two years later, in 1976, Yunus founded the Grameen Bank to make such loans on a wider scale, mostly to people with no collateral who would not be served by typical banks. The notion became known as microcredit, and as it spread to other countries it gave thousands of people the opportunity to pull themselves out of abject poverty. Yunus and Grameen were jointly given the Nobel Prize in 2006. By that time the bank had helped more than six million borrowers, the vast majority of them women. In awarding the prize, the Nobel Committee stated: "Lasting peace can not be achieved unless large population groups find ways in which to break out of poverty. Microcredit is one such means." (See here)

Spreading Grameen around the world

As strategic global partners, Grameen Foundation and Grameen Bank fuse their mutual mission, ongoing relationship, and common vision by sharing knowledge and success models to accelerate the microfinance industry's impact on the world's poorest. Nobel Peace Prize winner Muhammad Yunus, the founder and director of Grameen Bank, is a founding and current board member of Grameen Foundation. We replicate the success of Grameen Bank around the world (See here)

Charlie Rose - Muhammad Yunus - Google Video

(See here)

A newest information (Dec.13,2008)

2008 Candidate of "Touching to China"——WU-LANYU (吴兰玉)

An old woman who is seventy-four years old stress honest and credit, glean and collect scraps for nine years to pay a debt

2008 Candidate of "Touching to China"——WU-LANYU An old woman who is seventy-four years old stress honest and credit, glean and collect scraps for nine year to pay a debt

A women, 74 years old, a poor elder of Urumchi city of Xinjiang.

Her husband and son die off in the 1990's, and leave behind a debt that is for cure diseases--54000 RMB (is about 8000 USD). When the debtees remain at their to demand payment of debt, yet they too embarrassed to say it for her poor plight, But Wu-lanyu responses: "It is as unalterable principles that pay off all debt. However so great difficulty, the debt will be all repay!"

In the 9 years since 1999, Wu-lanyu gleans and collects scraps to repay all debt, composed a moving song with honest and credit.

Prepaid a finishing stroke of debt, Wu-lanyu sung daylong songs . After two days, just her bethink it is very difficulty that these years, he should have a reward herself. therewith her spent 8 Yuan to buy a pair of cloth shoe in a little market .....( Original Chinese page)

If you was touched by her, please entry here vote for her !!!

Muhammad Yunus said: The poor people is more keeping his word than rich people

Entry a video in online page for interview Wulanyu

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