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

 
9781891620119: Banker to the Poor: Micro-Lending and the Battle Against World Poverty

Synopsis

The author discusses his efforts to help the poor in Bangladesh with micro-loans, which led to his establishing the Grameen Bank

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About the Author

Muhammad Yunus in 1972 became the head of the economics department at Chittagong University. He is the founder and managing director of the Grameen Bank.

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  • PublisherPublicAffairs
  • Publication date1999
  • ISBN 10 1891620118
  • ISBN 13 9781891620119
  • BindingHardcover
  • LanguageEnglish
  • Number of pages258

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Yunus, Muhammad; Yunus, Mohammed
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ISBN 10: 1891620118 ISBN 13: 9781891620119
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Yunus, Muhammad; Jolis, Alan
Published by PublicAffairs, New York, 1999
ISBN 10: 1891620118 ISBN 13: 9781891620119
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Hardcover. Condition: Very Good. Dust Jacket Condition: Very Good. Slightly bumped corners. Protected in a removable archival cover. . 258 pages. The remarkable life story of one visionary economist and his simple but revolutionary tool to end world poverty: micro-credit. In 1983, against the advice of banking and government officials, Yunus established Grameen, a bank devoted to providing the poorest of Bangladesh with miniscule 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. 8 pp. photos. Seller Inventory # 604531

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Published by Publis Affairs, 1999
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hardcover. Fine in a fine dust jacket. First edition, 2nd printing. Gift inscription on the front endpaper to the late Maine author & illustrator Ashley Bryant dated Christmas, 2006. Illustrated. Seller Inventory # 168536

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