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Banker to the Poor: Micro-Lending and the Battle against World Poverty

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Banker to the Poor: Micro-Lending and the Battle against World Poverty Cover

ISBN13: 9781586481988
ISBN10: 1586481983
Condition: Standard
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Awards

WINNER — 2006 Nobel Peace Prize

Synopses & Reviews

Publisher Comments:

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.

Review:

"The Grameen Bank's record is illuminating and inspiring. This is an aid program that works." The New York Times

Review:

"Muhammad Yunus is a practical visionary who has improved the lives of millions of people in his native Bangladesh and elsewhere in the world. Banker to the Poor [is] well-reasoned yet passionate." Los Angeles Times

Review:

"[Yunus's ] ideas have already had a great impact on the Third World, and...hearing his appeal for a 'poverty-free world' from the source itself can be as stirring as that all-American myth of bootstrap success." The Washington Post

Review:

"Muhammad Yunus's book is both provocative and inspiring....Students of Development Studies and Economics should remember to take it along with them (together with their mosquito repellent creams) when venturing out on their field trips." Times Literary Suplement

Review:

"[Yunus'] incredible story is told in a simple, straightforward manner; no need to understand complicated economic theory to appreciate this book." KLIATT

Synopsis:

This autobiography of the world-renowned, visionary economist who came up with a simple but revolutionary solution to end world poverty — micro-credit — has become the classic text for a growing movement.

About the Author

Muhammad Yunus was born in 1940 in Chittagong, a seaport in Bangladesh. The third of fourteen children, five of whom died in infancy, he was educated at Dhaka University and was awarded a Fulbright scholarship to study economics at Vanderbilt University. In 1972 he became the head of the economics department at Chittagong University. He is the founder and managing director of the Grameen Bank.

What Our Readers Are Saying

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Average customer rating based on 2 comments:

Patricia Johnson, December 9, 2006 (view all comments by Patricia Johnson)
This book shone a powerful light on the skeptic in me. I cannot stop thinking about it or talking about it. Like every beauty pageant contestant, I now believe that the power to eliminate world hunger is within our grasp. Yunus's ideas about social conscience rather than greed driving a capitalist society are so bright-eyed and infectious that you can?t help but feel hopeful. I would almost be able to write him off as naive if his ideas hadn?t proved to be amazingly successful. What he has accomplished is ground breaking, yet feels so simple and right that after reading this book I wanted to jump in and help. This book gives the term ?poverty? a real weight and gives a reader the feeling that a solution is not as complicated as they may have believed.
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Mariachiara, October 19, 2006 (view all comments by Mariachiara)
The Nobel Prize for Peace has just been awarded to the author of this great, wonderful book.
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Product Details

ISBN:
9781586481988
Subtitle:
Micro-Lending and the Battle Against World Poverty
Author:
Yunus, Muhammad
Publisher:
PublicAffairs
Subject:
General
Subject:
Business
Subject:
History
Subject:
Banks & Banking
Subject:
Rural poor
Subject:
Development - Economic Development
Subject:
Economics - General
Subject:
Yunus, Muhammad
Subject:
Grameen Bank - History
Subject:
Biography/Business
Copyright:
Edition Description:
Trade Paper
Publication Date:
20031016
Binding:
Electronic book text in proprietary or open standard format
Language:
English
Illustrations:
Y
Pages:
312
Dimensions:
8.25 x 5.5 in 12.4 oz

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Related Subjects


Biography » Business
Biography » General
Business » Banking
History and Social Science » Economics » General
History and Social Science » Economics » Global Economics
History and Social Science » Social Science » Developing Countries
History and Social Science » Sociology » Poverty

Banker to the Poor: Micro-Lending and the Battle against World Poverty Used Trade Paper
0 stars - 0 reviews
$5.50 In Stock
Product details 312 pages PublicAffairs - English 9781586481988 Reviews:
"Review" by , "The Grameen Bank's record is illuminating and inspiring. This is an aid program that works."
"Review" by , "Muhammad Yunus is a practical visionary who has improved the lives of millions of people in his native Bangladesh and elsewhere in the world. Banker to the Poor [is] well-reasoned yet passionate."
"Review" by , "[Yunus's ] ideas have already had a great impact on the Third World, and...hearing his appeal for a 'poverty-free world' from the source itself can be as stirring as that all-American myth of bootstrap success."
"Review" by , "Muhammad Yunus's book is both provocative and inspiring....Students of Development Studies and Economics should remember to take it along with them (together with their mosquito repellent creams) when venturing out on their field trips."
"Review" by , "[Yunus'] incredible story is told in a simple, straightforward manner; no need to understand complicated economic theory to appreciate this book."
"Synopsis" by , This autobiography of the world-renowned, visionary economist who came up with a simple but revolutionary solution to end world poverty — micro-credit — has become the classic text for a growing movement.
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