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Banker To The Poor: Micro-Lending and the Battle Against World Poverty
Muhammad Yunus
PublicAffairs
, 2008 - 312 pages
average customer review:
based on 77 reviews
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highly recommended
Inspiring, educating, motivating
Mohd Younous is my hero. Social engineers like Younous are changing the face of the earth in a positive manner. Through his courage and faith in ordinary people, Younous has shown that the
poor
are creditwrthy and its the lack of credit taht keeps them poor. I love it when Younous debunks all the fancy economic theories and puts his faith in the poor into practice. It must be noted that the Mullahs in Bangladesh are a powerful force and have opposed Mr Younous. But Mr Younous is a true Bengali liberal and a fighter and has shown that welfare of the people is the true religion.Younous is no less than Tagore and Kazi arul in that respect. I share Younous' vision that one day our children will go to museums and see
poverty
as an extinct phenomenon. I gather that some people have been critical of Grameen. May be they have a point, may be they ahev an agenda. I am no economist to judge. But what I do know is that Younous's vision and courage has an ennobling effect on the reader and motivates many social engineers
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A little goes a long way...
What fascinates me most about Yunus is that he is a do-er, not just a theorist cranking out research papers. This is not a how-to book, but rather a story about Yunus's struggles and successes while starting and expanding Grameen Bank. It is more of an ideological foundation (you can't ignore those attacks on the
World Bank
and United Nations), but inspirational nonetheless. I highly recommend this book for anyone interested in
micro
finance.
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A Mission Worthy of the Nobel Prize
I enjoyed Muhammad Yunus's story about the formation of Grameen Bank but it did begin to drag a bit at the end. Not that the story grew less noble with the telling but because it became a repetition of the same story as the concept of
micro
-
lending
to the
poor
was applied to other countries. Yunus deserves so much praise for the idea and making it happen. As much as anything this is a story of overcoming the odds and one man's commitment to an idea.
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Shows How It Was Done
This book reads like a memoir. It's inspiring and yet factual. Individuals can make a big difference!
Excellent Autobiography of a Very Interesting Individual
An excellent autobiography of a very interesting man, Muhammad Yunus, a Bengali economist and pioneer of
micro
lending
, who won the 2006 Nobel Peace Prize. The book deals with the story of his life: his childhood in Chittagong (his father was a jeweller) in the newly independent East Pakistan (later Bangladesh), his university education in the United States, and most important, how he decided after a horrible famine in 1974 to leave the ivory tower
world
of academia (he was by then the director of an economics department in a university in Bangladesh) in order to start a program of microlending that would become a huge success, and offer hope to millions of people living in
poverty
. Thirty two years later, the Grameen Bank he founded would become known throughout the world for its approach to microlending, and get Yunus a well deserved Nobel Prize.
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