Muhammad Yunus
Paperback | Pages: 289 pages Rating: 4.1 | 8948 Users | 915 Reviews
Present Books Concering Banker to the Poor: Micro-Lending and the Battle Against World Poverty
| Original Title: | Banker to the Poor: Micro-Lending and the Battle Against World Poverty |
| ISBN: | 1586481983 (ISBN13: 9781586481988) |
| Edition Language: | English |
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Muhammad Yunus is that rare thing: a bona fide visionary. His dream is the total eradication of poverty from the world. In 1983, against the advice of banking and government officials, Yunus established Grameen, a bank devoted to providing the poorest of Bangladesh with minuscule loans. Grameen Bank, based on the belief that credit is a basic human right, not the privilege of a fortunate few, now provides over 2.5 billion dollars of micro-loans to more than two million families in rural Bangladesh. Ninety-four percent of Yunus's clients are women, and repayment rates are near 100 percent. Around the world, micro-lending programs inspired by Grameen are blossoming, with more than three hundred programs established in the United States alone.Banker to the Poor is Muhammad Yunus's memoir of how he decided to change his life in order to help the world's poor. In it he traces the intellectual and spiritual journey that led him to fundamentally rethink the economic relationship between rich and poor, and the challenges he and his colleagues faced in founding Grameen. He also provides wise, hopeful guidance for anyone who would like to join him in "putting homelessness and destitution in a museum so that one day our children will visit it and ask how we could have allowed such a terrible thing to go on for so long." The definitive history of micro-credit direct from the man that conceived of it, Banker to the Poor is necessary and inspirational reading for anyone interested in economics, public policy, philanthropy, social history, and business.
Muhammad Yunus was born in Bangladesh and earned his Ph.D. in economics in the United States at Vanderbilt University, where he was deeply influenced by the civil rights movement. He still lives in Bangladesh, and travels widely around the world on behalf of Grameen Bank and the concept of micro-credit.
Be Specific About About Books Banker to the Poor: Micro-Lending and the Battle Against World Poverty
| Title | : | Banker to the Poor: Micro-Lending and the Battle Against World Poverty |
| Author | : | Muhammad Yunus |
| Book Format | : | Paperback |
| Book Edition | : | First Edition |
| Pages | : | Pages: 289 pages |
| Published | : | October 16th 2003 by PublicAffairs (first published 1991) |
| Categories | : | Nonfiction. Economics. Business. Social Issues. Poverty. Finance |
Rating About Books Banker to the Poor: Micro-Lending and the Battle Against World Poverty
Ratings: 4.1 From 8948 Users | 915 ReviewsCommentary About Books Banker to the Poor: Micro-Lending and the Battle Against World Poverty
Truly an amazing book! I highly recommend this to anyone interested in development, poverty, or those wanting to learn about micro lending. He is truly an incredible man with a heart of infinite passion and hope. This book will stay in memory for quite some time.Just an amazing story, how an economics professor from Bangladesh, trained in the U.S., goes back to his country to do "nation-building" and finds enormous untapped potential among the poor. Harnesses a stripped-down, modified version of traditional banking to start a bank that eventually gains a client base of over 2 million people. That's nuts! How do you start anything that big? One person at a time, apparently - that's how he did it. At a certain point the book stops being a life story and
How to Eliminate PovertyThis weekend I attended the Bottom Billions | Bottom Line Conference hosted by Seattle Pacific Universitys Center for Integrity in Business. The event served as a convergence zone between business, nonprofit organizations, and the academy seeking to better understand ways that business can help alleviate world poverty.Of the many interesting subjects discussed at the conference, the topic of microfinance seemed to continuously echo through my head. For those unfamiliar
I love the ideas of merging social consciousness with entrepreneurship in this book. It is truly eye-opening. I'm sold on the Grameen system.
I LOVED THIS BOOK -- six stars. It tells the story of Grameen and microcredit from the beginning until now.Forget theories, classrooms, and endless postulating. Acting on a desire to help others will go so much further than all of aggrandized theories and reticent intentions.Muhammad Yunus changed the world with a simple idea spurned from his moral sense.Simple goodwill is undervalued.
Highly recommended. A true must-read book.
Must read for field practitioners. Gives real life accounts on approaching rural scenarios and rolling out projects accordingly.
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