Banker to the Poor : The Autobiography of Muhammad Yunus, Founder of the Grameen Bank
By Muhammad Yunus“Banker to the poor” is an autobiography by Mohammad Yunus, a founder of Grameen Bank and a Nobel Peace Prize winner for contributions to micro-crediting, and how this process helped people previously not qualified to get a bank loan to start their own businesses and get out of poverty.
The book started in 1976 when Dr. Junus taught economics at Chittagong University in Bangladesh. He’s not happy with the abstract nature of his teaching and desires to devise a practical solution to the problems of the local population.
He goes around local villages and interviews people to understand what they actually need to escape poverty. He realizes that they need credit and decides to start a bank that would help people unqualified to get a loan at traditional banks.
The introduction finishes with arguments Dr. Yunus had with people at the World Bank, arguing that poor people don’t need aid but loans to start their businesses. He decided to prove that poor are bankable and are able to start economically viable businesses.
Buy Banker to the Poor : The Autobiography of Muhammad Yunus, Founder of the Grameen Bank at Attic books in Nairobi Kenya.
Book details
- Hardcover
- 313 pages
- English
- 9840514679
- 9789840514670
About Muhammad Yunus
dr. muhammad yunus is a bangladeshi banker and economist. he previously was a professor of economics and is famous for his successful application of microc Read More about Muhammad Yunus
More Books By Muhammad Yunus
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