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Banker to the Poor: The Autobiography of Muhammad Yunus, Founder of Grameen Bank Hardcover – May 24, 2001


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Product Details

  • Hardcover: 342 pages
  • Publisher: Oxford University Press (May 24, 2001)
  • Language: English
  • ISBN-10: 0195795377
  • ISBN-13: 978-0195795370
  • Product Dimensions: 1 x 5.9 x 9.1 inches
  • Shipping Weight: 1.4 pounds
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (4 customer reviews)
  • Amazon Best Sellers Rank: #3,944,601 in Books (See Top 100 in Books)

Editorial Reviews

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"Not only does he possess a teacher's ability of explaining the most complex of situations in a simple manner, his enthusiasm and strong convictions are also compelling."--The Herald (UK)



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8 of 8 people found the following review helpful By N. de Heij on May 14, 2002
Format: Hardcover
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.
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6 of 6 people found the following review helpful By Jay Goyal on December 13, 2003
Format: Hardcover
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 was enough for me to want to change my career direction to help the microcredit revolution.
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2 of 2 people found the following review helpful By Catherine Stripe Lester on July 14, 2008
Format: Hardcover
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 branched out into cooperatives, health care, cell-phone providers, and the internet. As he says, no US businessman would even consider operating without a telephone.... but there is criticism that "The rural poor do not need the luxury of a telephone." But telephones help the micro-borrowers improve their businesses and find the best markets for their products. So Yunus's bank, Grameen, created GremeenPhone to provide service to villages. Some villages didn't have electricity, so they then created a nonprofit company dedicated to developing wind turbines, solar energy, etc! Just one example of Yunus's progressive thinking and nothing-is-too-tough attitude!
Not in the book, but it's inspiring to see how Yunus's idea has caught on in other parts of the world. There's even a US organization, Kiva, which allows people to extend loans over the internet to individual small businesses in far-flung countries. This is an idea that has to grow.
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By Jim Luckett on November 24, 2006
Format: Hardcover
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.
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