Banker to the Poor: Autobiographical Account

Alan Jolis Mohammad Yunus

ISBN 10: 9840514679 / ISBN 13: 9789840514670

Published by University Press Ltd ,Banglade, 2002

About this Item

Dust jacket in good condition. SIGNED and inscribed by the author. Shelf and handling wear to cover and binding, with general signs of previous use. Signed by Muhammad Yunus on the title page. Moderate wear to the dust jacket with some creasing and chipping. Light bowing to the boards. Sound binding. Clean interior pages. Secure packaging for safe delivery. 1.46.

Seller Inventory # 736075895

Bibliographic Details

• Title: Banker to the Poor: Autobiographical Account
• Publisher: University Press Ltd ,Banglade
• Publication Date: 2002
• Language: English
• ISBN 10: 9840514679
• ISBN 13: 9789840514670
• Binding: Hardcover
• Condition: Good
• Dust Jacket Condition: Good
• Weight: 1.46 pounds
• Signed: signed and inscribed by author

About this title

Synopsis

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'.

About the Author

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.