Be the first to comment on this book.
Product Description In 1983, Muhammad Yunus established Grameen, a bank devoted to providing the poorest of Bangladesh with miniscule loans. Based on the belief that credit is a basic human right, not the privilege of a few, Grameen Bank now provides over 2.5 billion dollars of micro-loans to more than two million families in rural Bangladesh. Ninety-four percent of Yunus's clients are women, and repayment rates are nearly 100 percent. It was an idea born on a day in 1976 when he loaned $27 from his own pocket to forty-two stool makers living in a tiny village. Banker to the Poor is Muhammad Yunus's memoir of how he changed his life to help the world's poor. In it he traces the journey that led him to rethink the economic relationship between rich and poor and recounts the challenges he and his colleagues faced in founding Grameen. Blackstone Audio's narration of Banker to the Poor won an AudioFile Earphones Award (2008) and was a finalist for the prestigious Audie Award (2008). Review A wonderful yet heartbreaking memoir, expertly realized by narrator Ray Porter. This story is so powerful that it needs no embellishment, and Porter knows exactly how to read it with a touching and firm delivery that involves listeners instead of preaching to them….Porter delivers the material as if it were his own. A greater compliment there could not be for audiobook narration. --AudioFile[Yunus's] ideas have already had a great impact on the Third World...hearing his appeal for a 'poverty-free world' from the source itself can be as stirring as that all-American myth of bootstrap success. --Washington PostMuhammad Yunus is a practical visionary who has improved the lives of millions of people in his native Bangladesh and elsewhere in the world. Banker to the Poor is well reasoned yet passionate. --Los Angeles Times About the Author Muhammad Yunus was born in 1940 in Chittagong, a seaport in Bangladesh. The third of fourteen children, five of whom died in infancy, he was educated at Dhaka University and was awarded a Fulbright scholarship to study economics at Vanderbilt University. In 1972 he became the head of the economics department at Chittagong University. He is the founder and managing director of the Grameen Bank. Muhammad Yunus won the 2006 Nobel Peace Prize.
