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Banker To The Poor: Micro-Lending and the Battle Against World Poverty

Banker To The Poor: Micro-Lending and the Battle Against World Poverty

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Author: Muhammad Yunus
Publisher: PublicAffairs
Category: Book

List Price: $15.00
Buy Used: $4.88
You Save: $10.12 (67%)



New (49) Used (77) Collectible (1) from $4.88

Rating: 4.5 out of 5 stars 78 reviews
Sales Rank: 2086

Media: Paperback
Edition: 2003. Corr. 2nd
Number Of Items: 1
Pages: 312
Shipping Weight (lbs): 0.7
Dimensions (in): 8.4 x 5.5 x 0.9

ISBN: 1586481983
Dewey Decimal Number: 332.1095492
EAN: 9781586481988
ASIN: 1586481983

Publication Date: January 8, 2008
Availability: Usually ships in 1-2 business days
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Customer Reviews:
Showing reviews 31-35 of 78
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4 out of 5 stars An autobiographical tour de force!   May 30, 2007
 0 out of 1 found this review helpful

A saga of how one man can truly transform the lives of millions of a lesser God. The eminent Nobel Peace Laureate, Mohammad Yunus elucidates his path-breaking business model of the Grameen Bank in Bangladesh, which lends without any collateral to the financially and the socially ostracized. His ideology - access to credit is a fundamental human right. What is interesting to note is that 98% of the borrowers are women (way to go, ladies!) and the impressive repayment rate of 97%, which is way superior to that found in traditional banks. I relished the success stories explicating how these industrious women entrepreneurs were able to free themselves from the viscious cycle of poverty not to mention the happy escape from the exploitative and manipulative money lenders and come out on top. Very heart-warming indeed! The borrowers own 90% of the bank. Convinces you that micro-credit is an incredibly powerful tool for eradicating world poverty. Little wonder, Dr. Yunus' successful business model is implemented by so many other countries today.

Ergo, this book deserves a chance if you are intrigued by the concept of micro-credit or feel the inclination for some inspiration, you will not be disappointed.



3 out of 5 stars a book you should read   May 25, 2007
 4 out of 10 found this review helpful

you should read this book not because its exceptionally well written, because it is only competently written. You should read it because it is written by a man who has challenged our business model of helping the poor (and make no mistake, helping the poor is a business model more than a charity model)>

There is a reason these ideas rated a Nobel Peace prize, and reading about the thoughts and ideas in the firsst person is more powerful than others' interpretations.

So read it to learn, and to expand your thinking.



5 out of 5 stars a small idea that grew and helped people   May 17, 2007
 1 out of 2 found this review helpful

Mr. Yunnus details how he helped people slowly and on a small basis and with that foundation helped people on a larger scale. The discussion of failure and politics and buercracy are invaluable here. A great book especially if you are studying economics and banking.


4 out of 5 stars Inspirational   May 9, 2007
 1 out of 2 found this review helpful

This is a truly inspirational story. After reading the book, you will realize the power you have to change the world around you. With passion, patience, and, hard work, anything can be achieved. This is the message that I got from the book.


5 out of 5 stars Inspirational   May 7, 2007
 0 out of 1 found this review helpful

Muhammad Yunus's story is truly inspirational. In a world where we all too often accept situations as beyond our ability to influence, he demonstrates what one man can achieve with enough compassion and ingenuity. We read so much that is critical of the Muslim world, this book is a timely antedote. We could all learn a great deal from this man's life.

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