Read Banker to the Poor: The Story of the Grameen Bank by Muhammad Yunus Free Online


Ebook Banker to the Poor: The Story of the Grameen Bank by Muhammad Yunus read! Book Title: Banker to the Poor: The Story of the Grameen Bank
ISBN: 184513754X
ISBN 13: 9781845137540
Language: English
Format files: PDF
The size of the: 17.45 MB
The author of the book: Muhammad Yunus
Edition: Aurum Press
Date of issue: July 11th 2003
City - Country: No data
Loaded: 1211 times
Reader ratings: 3.6

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Muhammad Yunus set up the Grameen Bank in his home country of Bangladesh with a loan of just u17, 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'."


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Read information about the author

Ebook Banker to the Poor: The Story of the Grameen Bank read Online! Dr. Muhammad Yunus is a Bangladeshi banker and economist. He previously was a professor of economics and is famous for his successful application of microcredit--the extension of small loans given to entrepreneurs too poor to qualify for traditional bank loans. Dr. Yunus is also the founder of Grameen Bank. In 2006, Yunus and the bank were jointly awarded the Nobel Peace Prize "for their efforts to create economic and social development from below." He has also received several other national and international honors. Dr. Yunus is one of the founding members of Global Elders, a group of public figures noted as elder statesmen, peace activists, and human rights advocates whose goal is to solve global problems by using "almost 1,000 years of collective experience" to work on solutions for seemingly insurmountable problems like climate change, HIV/AIDS, and poverty, and "use their political independence to help resolve some of the world's most intractable conflicts."


Reviews of the Banker to the Poor: The Story of the Grameen Bank


LEON

He does not stop applaud author and his works.

ROSIE

Great book!

LUCA

Light fiction for Cloudy day

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