Banker to the Poor: The Autobiography of Muhammad Yunus, Founder of the Grameen Bank
Muhammad Yunus with Alan Jolis
Language: English
Published by The University Press Limited, Bangladesh, 2001
- Signed
- Hardcover
- Used




Seller: Bookmarc's, La Porte, TX, U.S.A.Bookmarc's
AbeBooks seller since January 11, 2000
Association member: IOBA
Condition: Used - Very good
US$ 12.99
Quantity: 1 available
Add to basketItem description from seller
R4 - A reprint hardcover book SIGNED and inscribed by Muhammad Yunus to previous owner on the dedication page in very good condition in good dust jacket. Dust jacket has wrinkling, chipping and crease on the edges and corners, scattered scratches, wrinkling, rubbing and scuffing, dog-eared on the front flap, light discoloration and shelf wear. Book has some bumped corners and light cover edgewear, wrinkling on the spine edges, some scattered light smudges/stains and scuffing on the page edges, previous owner's name written on the half-title page, lightly moisture soiled, light discoloration and shelf wear. Foreword by HRH The Prince of Wales. 9.5"x6.5", 313 pages. Satisfaction Guaranteed. Muhammad Yunus is a Bangladeshi social entrepreneur, banker, economist and civil society leader who was awarded the Nobel Peace Prize in 2006 for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance.[1] These loans are given to entrepreneurs too poor to qualify for traditional bank loans. Yunus and the Grameen Bank were jointly awarded the Nobel Peace Prize "for their efforts through microcredit to create economic and social development from below". The Norwegian Nobel Committee said that "lasting peace cannot be achieved unless large population groups find ways in which to break out of poverty" and that "across cultures and civilizations, Yunus and Grameen Bank have shown that even the poorest of the poor can work to bring about their own development". Yunus has received several other national and international honours. He received the United States Presidential Medal of Freedom in 2009 and the Congressional Gold Medal in 2010. In February 2011, Yunus together with Saskia Bruysten, Sophie Eisenmann and Hans Reitz co-founded Yunus Social Business - Global Initiatives (YSB). YSB creates and empowers social businesses to address and solve social problems around the world. As the international implementation arm for Yunus' vision of a new, humane capitalism, YSB manages incubator funds for social businesses in developing countries and provides advisory services to companies, governments, foundations and NGOs. In 2012, he became Chancellor of Glasgow Caledonian University in Scotland, a position he held until 2018. Previously, he was a professor of economics at Chittagong University in Bangladesh. He published several books related to his finance work. He is a founding board member of Grameen America and Grameen Foundation, which support microcredit. Yunus also served on the board of directors of the United Nations Foundation, a public charity to support UN causes, from 1998 to 2021. Size: 8vo - over 7¾" - 9¾" tall.…
Seller Inventory # 2312ec917
- Title
- Banker to the Poor: The Autobiography of Muhammad Yunus, Founder of the Grameen Bank
- Author
- Muhammad Yunus with Alan Jolis
- Publisher
- The University Press Limited, Bangladesh
- Publication year
- 2001
- Condition
- Very Good
- Dust jacket
- Good
- Signed
- Signed by Author
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 9840514679
- ISBN 13
- 9789840514670
- Seller catalogs
- Biography::Autobiography, Biography::Signed Autobiography
"Synopsis" may belong to another edition of this title.
Review
After earning a Ph.D. in economics at Vanderbilt University, Dr. Yunus returned to Bangladesh to settle into a life as a professor. But a famine in 1974 ravaged the country, leading Dr. Yunus to alter his thinking and his life profoundly: "What good were all my complex theories when people were dying of starvation on the sidewalks and porches across from my lecture hall?.... Nothing in the economic theories I taught reflected the life around me." Armed with little more than a lofty dream to end the suffering around him, he started an experimental microcredit enterprise in 1977; by 1983 the Grameen Bank was officially formed.
The idea behind the Grameen Bank is ingeniously simple: extend credit to poor people and they will help themselves. This concept strikes at the root of poverty by specifically targeting the poorest of the poor, providing small loans (usually less than $300) to those unable to obtain credit from traditional banks. At Grameen, loans are administered to groups of five people, with only two receiving their money up front. As soon as these two make a few regular payments, loans are gradually extended to the rest of the group. In this way, the program builds a sense of community as well as individual self-reliance. Most of the Grameen Bank's loans are to women, and since its inception, there has been an astonishing loan repayment rate of over 98 percent.
Banker to the Poor is an inspiring memoir of the birth of microcredit, written in a conversational tone that makes it both moving and enjoyable to read. The Grameen Bank is now a $2.5 billion banking enterprise in Bangladesh, while the microcredit model has spread to over 50 countries worldwide, from the U.S. to Papua New Guinea, Norway to Nepal. Ever optimistic, Yunus travels the globe spreading the belief that poverty can be eliminated: "...the poor, once economically empowered, are the most determined fighters in the battle to solve the population problem; end illiteracy; and live healthier, better lives. When policy makers finally realize that the poor are their partners, rather than bystanders or enemies, we will progress much faster that we do today." Dr. Yunus's efforts prove that hope is a global currency. --Shawn Carkonen
"About the title" may belong to another edition of this title.
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