Banker To The Poor
Book description
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…
Why read it?
1 author picked Banker To The Poor as one of their favorite books. Why do they recommend it?
I loved the author's innovative, passionate, and broadminded approach as he experimented and succeeded in bringing tiny loans to the poorest of the poor in his country, Bangladesh. His bank lifted millions out of poverty and provided an example that has been copied in many other nations, deservedly winning him the Nobel Peace Prize.
Having worked part-time on an agricultural project in Bangladesh for many years, I appreciate his challenges and the ingenuity required to overcome them. I like that he identified impoverished women as the primary clients for the bank and figured out how to overcome prevailing religious and…
From George's list on hunger and health issues in developing countries.
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