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

Author : Muhammad Yunus
Narrator : Ray Porter
Publisher : Blackstone Audio Inc
Duration : 7 hours
Categories : Business
Finance & Investment
Price : $39.95 $16.95
Purchase...

"Muhammad Yunus is a practical visionary who has improved the lives of millions
of people in his native Bangladesh and elsewhere in the world. Banker to the Poor [is]
well reasoned yet passionate."Los Angeles Times

"The Grameen Bank's record is illuminating and inspiringThis is an aid program that works."
New York Times

"[Yunus's] ideas have already had a great impact on the Third Worldhearing his appeal for a
'poverty-free world' from the source itself can be as stirring as that all-American myth of bootstrap
success."Washington PostWinner of the 2006 Nobel Peace Prize

In 1983, Muhammad Yunus established Grameen, a bank devoted to providing the poorest of
Bangladesh with miniscule loans. Believing that credit is a basic human right, not the privilege
of a few, Yunus aimed to support that spark of personal initiative and enterprise by which the
poor might lift themselves out of poverty forever. Grameen Bank 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 nearly 100 percent.

In Banker to the Poor, Yunus traces the journey that led him to rethink the economic
relationship between rich and poor and recounts the challenges he faced in founding Grameen.
He provides wise, hopeful guidance for anyone who would like to join him in the burgeoning world
movement of micro-lending to eradicate world poverty.

 




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