|Amazon Price||New from||Used from|
Economics professor Yunus claims he originally became involved in the poverty issue not as a policy-maker, scholar, or researcher, but because poverty was all around me. With these words he stopped teaching elegant theories and began lending small amounts of money, $40 or less, without collateral, to the poorest women in the world. Thirty-three years later, the Grameen Bank has helped seven million people live better lives building businesses to serve the poor. The bank is solidly profitable, with a 98.6% repayment rate. It inspired the micro-credit movement, which has helped 100 million of the poorest people in the world escape poverty and earned Yunus (Banker to the Poor) a Nobel Peace prize. This volume efficiently recounts the story of microcredit, then discusses Social Business, organizations designed to help people while turning profits. French food giant Danone's partnership to market yogurt in Bangladesh is described in detail, along with 25 other businesses that operate under the Grameen banner. Infused with entrepreneurial spirit and the excitement of a worthy challenge, this book is the opposite of pessimistic recitals of intractable poverty's horrors. (Jan.)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved. --This text refers to an out of print or unavailable edition of this title.
A"An inspiring volume, full of practical information for people who are motivated to try out his ideas.A" Business WeekSee all Editorial Reviews
Mohammed Yunus is one of my heroes. I haven't read this book, but after reading reading "Banker to the Poor," a must read for anyone who can read, I bought this one, along... Read morePublished 1 month ago by Ingringo!
Full with optimism and world-changing ideas, Yunus emerges with a rough formula to save the world. It is far from hot air. Read morePublished 6 months ago by Brendan G.
I bought multiple copies and gave this to many of my wealthy friends who are very gifted and want to save the world! You might do the same!Published 7 months ago by Cathy Griffin
Wonderful thoughts, but implementing in This world unlikelyPublished 8 months ago by Kathleen Falcon