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

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Banker to the Poor: The Autobiography of Muhammad Yunus, Founder of Grameen Bank
by Muhammad Yunus
from Oxford University Press, USA

Customer Reviews:

• Avg. Customer Rating: 5.0 / 5.0

• Inspiring
  I was inspired and amazed at the simplicity of Yunus's concept, and appalled at the resistance he met putting it into action.
  It started when he found that 42 villagers were being kept in thrall -- literally bonded slavery -- to moneylenders in one village. The total sum they owed was $27. Yunus put his hand into his own pocket, and the system of microcredit was born. THEN came the long, long, attempt to get other sponsors, government help, and a lot more.
  By the end of the book they have... more info

• Highly recommended
  Very small amounts of capital loaned to people who have almost none yield very large returns. Loans are coupled with requirement that borrowers form groups of five borrowers to support and encourage each other, thereby building community. Bank is owned by the borrowers. Concept becoming worldwide movement called micro-lending. Entrepreneurship and access to credit as a cure for poverty. Great book by the guy who started it all with a $27 loan.

• Life Changing!
  Banker to the Poor is an excellent read. The style is very easy to understand, and the jumps Yunus makes between different stories, ideas, and theories keep the reader's interest throughout. However, much more so that the style, the story itself is remarkable: to see how a single idea of one man could become a global force against poverty. His example has been extremely influential for millions of people, and his pursuit of a poverty-free world no longer seems outrageous, but in fact attainable! The story... more info

• Excellent and interesting book
  Muhammad Yunus describes in this book how the idea developed about starting a bank for the poor. The writing style of Yunus makes the book very easy to read; almost like a good novel. Because this book doesn't focusses on just micro-credit (because it's an autobiography) I think it's an excellent introduction to the topic of micro-credit and finding sollutions for the poor. But for more in-dept info, buy another.