Banker to the Poor: The Autobiography of Muhammad Yunus, Founder of Grameen Bank
Bangladeshi economist Muhammad Yunus and his Grameen Bank win the Nobel Peace Prize.
Banker to the Poor is an excellent read. The style is very easy to understand, and the jumps Yunus makes between different stories, ideas, and theories keep the reader's interest throughout. However, much more so that the style, the story itself is remarkable: to see how a single idea of one man could become a global force against poverty. His example has been extremely influential for millions of people, and his pursuit of a poverty-free world no longer seems outrageous, but in fact attainable! The story was enough for me to want to change my career direction to help the microcredit revolution.
Muhammad Yunus describes in this book how the idea developed about starting a bank for the poor. The writing style of Yunus makes the book very easy to read; almost like a good novel. Because this book doesn't focusses on just micro-credit (because it's an autobiography) I think it's an excellent introduction to the topic of micro-credit and finding sollutions for the poor.
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About Grameen
When we started giving out tiny loans under a system which later became known as the Grameen Bank, we never imagined that one day we would be reaching hundreds of thousands, let alone five million, borrowers.
Grameen Bank
Provides credit to the poorest of the poor in rural Bangladesh without any collateral. At Grameen Bank, credit is a cost effective weapon to fight poverty and it serves as a catalyst in the overall development of socio-economic..
Grameen Family
There are now more than two dozen organizations within the Grameen family of enterprises. These include the replication and research activities of Grameen Trust, handloom enterprises of Grameen Uddog and fisheries pond management by Grameen Motsho or the Fisheries Foundation. More about Grameen Family..
Microcredit
Microcredit is the extension of small loans to enterpreneurs too poor to qualify for traditional bank loans. It has proven to be an effective and popular measure in the ongoing struggle against poverty, enabling those.. |
