Banker to the Poor: The Autobiography of Muhammad Yunus, Founder of the Grameen Bank

Muhammad Yunus with Alan Jolis

ISBN 10: 9840514679 / ISBN 13: 9789840514670

Published by The University Press Limited, Bangladesh, 2001

About this Item

R4 - A reprint hardcover book SIGNED and inscribed by Muhammad Yunus to previous owner on the dedication page in very good condition in good dust jacket. Dust jacket has wrinkling, chipping and crease on the edges and corners, scattered scratches, wrinkling, rubbing and scuffing, dog-eared on the front flap, light discoloration and shelf wear. Book has some bumped corners and light cover edgewear, wrinkling on the spine edges, some scattered light smudges/stains and scuffing on the page edges, previous owner's name written on the half-title page, lightly moisture soiled, light discoloration and shelf wear. Foreword by HRH The Prince of Wales. 9.5"x6.5", 313 pages. Satisfaction Guaranteed. Muhammad Yunus is a Bangladeshi social entrepreneur, banker, economist and civil society leader who was awarded the Nobel Peace Prize in 2006 for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance.[1] These loans are given to entrepreneurs too poor to qualify for traditional bank loans. Yunus and the Grameen Bank were jointly awarded the Nobel Peace Prize "for their efforts through microcredit to create economic and social development from below". The Norwegian Nobel Committee said that "lasting peace cannot be achieved unless large population groups find ways in which to break out of poverty" and that "across cultures and civilizations, Yunus and Grameen Bank have shown that even the poorest of the poor can work to bring about their own development". Yunus has received several other national and international honours. He received the United States Presidential Medal of Freedom in 2009 and the Congressional Gold Medal in 2010. In February 2011, Yunus together with Saskia Bruysten, Sophie Eisenmann and Hans Reitz co-founded Yunus Social Business - Global Initiatives (YSB). YSB creates and empowers social businesses to address and solve social problems around the world. As the international implementation arm for Yunus' vision of a new, humane capitalism, YSB manages incubator funds for social businesses in developing countries and provides advisory services to companies, governments, foundations and NGOs. In 2012, he became Chancellor of Glasgow Caledonian University in Scotland, a position he held until 2018. Previously, he was a professor of economics at Chittagong University in Bangladesh. He published several books related to his finance work. He is a founding board member of Grameen America and Grameen Foundation, which support microcredit. Yunus also served on the board of directors of the United Nations Foundation, a public charity to support UN causes, from 1998 to 2021. Size: 8vo - over 7¾" - 9¾" tall.

Seller Inventory # 2312ec917

Bibliographic Details

• Title: Banker to the Poor: The Autobiography of Muhammad Yunus, Founder of the Grameen Bank
• Publisher: The University Press Limited, Bangladesh
• Publication Date: 2001
• Language: English
• ISBN 10: 9840514679
• ISBN 13: 9789840514670
• Binding: Hardcover
• Condition: Very Good
• Dust Jacket Condition: Good
• Signed: Signed by Author
• Seller catalogs:
  • Biography::Autobiography
  • Biography::Signed Autobiography

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.