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Banker to the Poor Muhammad Yunus

Banker to the Poor By Muhammad Yunus

Banker to the Poor by Muhammad Yunus


$15.99
Condition - Like New
Out of stock

Summary

The personal story of the man who founded the system of "micro-credit", "Banker to the Poor" tells the story of how he did it. Today Yunus's system of micro-credit is practiced in some 60 countries, including the US, Canada and France and his Grameen Bank is now a billion-pound business.

Banker to the Poor Summary

Banker to the Poor by Muhammad Yunus

Muhammad Yunus set up the Grameen Bank in his home country of Bangladesh with a loan of just [pound]17, to lend tiny amounts of money to the poorest of the poor - those to whom no ordinary bank would lend. Most of his customers - as they still are - were illiterate women, wanting to set up the smallest imaginable village enterprises. It was his conviction that this new system of 'micro-credit', lending even such small sums, would give such people the spark of initiative needed to pull themselves out of poverty. Today, Yunus's system of micro-credit is practised around the world in some 60 countries, including the US, Canada and France. His Grameen Bank is now a billion-pound business. It is acknowledged by world leaders and by the World Bank to be a fundamental weapon in the fight against poverty. Banker to the Poor is Yunus's enthralling story of how he did it: how the terrible famine in Bangladesh in 1974 focused his ideas on the need to enable its victims to grow more food; how he overcame the sceptics in many governments and among traditional economic thinking; and how he saw his micro-credit extended even outside the Third World into credit unions in the West. Such is the importance of his book that HRH the Prince of Wales has contributed a Foreword in which he hails 'a remarkable man [who] spoke the greatest good sense'.

Banker to the Poor Reviews

'An amazing account of the way in which one man with a vision and the right values can turn the established order on its ear' - John Elkington, Guardian; 'Not only does it read as swiftly as a thriller, it turns the dreary science of development economics inside out' - Rosemary Righter, The Times

About Muhammad Yunus

Muhammad Yunus was born in 1940 in Chittagong, now in Bangladesh. In 1997 he led the world's first Micro-Credit Summit in Washington DC.

Additional information

GOR010576560
9781854109248
1854109243
Banker to the Poor by Muhammad Yunus
Used - Like New
Paperback
Aurum Press
2003-07-11
245
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
The book has been read, but looks new. The book cover has no visible wear, and the dust jacket is included if applicable. No missing or damaged pages, no tears, possible very minimal creasing, no underlining or highlighting of text, and no writing in the margins

Customer Reviews - Banker to the Poor