Banker To The Poor:

Muhammad Yunus is that rare thing: a bona fide visionary. His dream is the total eradication of poverty from the world. In 1983, against the advice of banking and government officials, Yunus established Grameen, a bank devoted to providing the poorest of Bangladesh with minuscule 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.

Muhammad Yunus was born in Bangladesh and earned his Ph.D. in economics in the United States at Vanderbilt University, where he was deeply influenced by the civil rights movement. He still lives in Bangladesh, and travels widely around the world on behalf of Grameen Bank and the concept of micro-credit.

'Things Fall Apart' named one of the world's 50 Most Influential Books - Ghana Business News


Ghana Business News

'Things Fall Apart' named one of the world's 50 Most Influential Books
Ghana Business News
Muhammad Yunus' Banker to the Poor first produced in 1999 and published again in 2007, lays out how “micro-lending” made it possible to provide credit to the poor, thereby offering a viable way to significantly diminish world poverty.

Clinton heads to Bangladesh after China dissident drama - Reuters


CBS News

Clinton heads to Bangladesh after China dissident drama
Reuters
The Clintons have long been friendly with Yunus, an economics professor who set up Grameen Bank decades ago and gained world fame as a banker to the poor, and the United States has criticized his forced dismissal in 2011 because he was beyond the ...
Clinton set to fly into new political storm in Bangladesh Chicago Tribune
Hillary meets Yunus today Daily Star Online

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Hillary Clinton backs Grameen Bank founder Muhammad Yunus - Economic Times


Hillary Clinton backs Grameen Bank founder Muhammad Yunus
Economic Times
The meeting between 71-year-old Yunus and Hillary came almost a year after "the Banker to the Poor" resigned from Grameen Bank, which he founded three-decade ago. The talks were held at a time when the financial health of Grameen Bank is looking shaky ...

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