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Banker to the Poor: The Story of the Grameen Bank by Muhammad Yunus (Paperback, 2003)
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- 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'.
Product Identifiers
- PublisherAurum Press
- ISBN-139781854109248
- eBay Product ID (ePID)95623644
Product Key Features
- Book TitleBanker to the Poor: the Story of the Grameen Bank
- AuthorMuhammad Yunus
- FormatPaperback
- LanguageEnglish
- TopicFinance
- Publication Year2003
- TypeTextbook
- GenreBiographies & True Stories
- Number of Pages245 Pages
Dimensions
- Item Height197mm
- Item Width129mm
Additional Product Features
- Title_AuthorMuhammad Yunus
- Country/Region of ManufactureUnited Kingdom
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