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Title	:	Banker to the Poor: Micro-Lending and the Battle Against World Poverty
Author	:	Muhammad Yunus
Book Format	:	Paperback
Book Edition	:	Special Edition
Pages	:	Pages: 289 pages
Published	:	October 16th 2003 by PublicAffairs (first published 1991)
Categories	:	Nonfiction. Economics. Business. Social Issues. Poverty. Finance

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

Muhammad Yunus

Paperback | Pages: 289 pages

Rating: 4.1 | 8948 Users | 915 Reviews

Narrative Supposing Books Banker to the Poor: Micro-Lending and the Battle Against World Poverty

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.

Point Books Conducive To 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

Rating Containing Books Banker to the Poor: Micro-Lending and the Battle Against World Poverty

Ratings: 4.1 From 8948 Users | 915 Reviews

Write-Up Containing Books Banker to the Poor: Micro-Lending and the Battle Against World Poverty

Highly recommended. A true must-read book.

Really interesting book overall. At times I felt like Yunus was too excited and dedicated about the Grameen Bank to be honest about the challenges of micro lending (he continuously seemed to rush past those sections or somewhat glossing them), but it was still really interesting/inspiring to see how he structured the bank around community ownership and accountability. I didnt agree with some of his views on governments not funding public goods, but definitely worth the read and I look forward to

After finishing this book, I wanted to shout, "Yeah! Preach it, brother!" Really cool book. Yunus won the 2006 Nobel Peace Prize for his decades of work. He is an academic who roles up his sleeves and produces something practical. His book should be embraced by Christians, conservatives, liberals, libertarians, and Dave Ramsey.

Loved it! Muhammad Yunus is one inspiring man finding creative, community-based solutions to poverty and inspiring countless others across the world with his grand dreams and practical enterprise. Definitely recommend! So much excellent food for thought for anyone, no matter your particular field or areas of social interest.

An eye opener on schemes for poverty reduction, Government thinking and mentality of funding organisations. Yunus is right, somehow we treat poor like they are children ; they dont have knowledge, wisdom or skill to improve their lifestyle. Overgeneralization of a class lead to misunderstanding and thus faulty policies. Second thing i liked in this book is the unapologetic nature of the author in criticizing academicians. Yes, academicians should be able to offer critique on the policies based

Yunus would have made a great candidate for a Nobel in Economics. Unlike the theoretical university researchers who dominate the list today, Yunuss defining traits are a supremely practical and field oriented. And like all pioneers his success comes from questioning the absolute fundamentals- why need collateral for credit? How can you be sure that the poor cant pay? But he is also aware that the success of his experiments have been aided by his being elite. Only someone with his kind of

Muhammad Yunus and I are best friends. (Oops, I had to double check, and I'd spelled "Muhammad" wrong. Sorry, buddy!)Anyways, me and Mr. Yunus are best friends because once he spoke at the library in Salt Lake City, and when I heard about it I drove down and sat shyly on the back row of the auditorium and clapped really hard for him. Then after it was all over, I saw him just kind of hanging out all alone on the stage, and thought, "Maybe I could go and meet him and we could be best friends!" So