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Banker to the Poor: The Autobiography of Muhammad Yunus, Founder of the Grameen Bank Hardcover – 28 Jun 2001

5.0 out of 5 stars 2 customer reviews

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Product details

  • Hardcover: 334 pages
  • Publisher: OUP Pakistan (28 Jun. 2001)
  • Language: English
  • ISBN-10: 0195795377
  • ISBN-13: 978-0195795370
  • Product Dimensions: 23.1 x 2.8 x 15.5 cm
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Bestsellers Rank: 4,672,226 in Books (See Top 100 in Books)

Product Description

Review

"Not only does he possess a teacher's ability of explaining the most complex of situations in a simple manner, his enthusiasm and strong convictions are also compelling."--The Herald (UK)

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Top Customer Reviews

Format: Hardcover
A friend recommended this book to me and it was fantastic -- well worth reading I couldn't put it down. When you get to the end of the book, you find yourself wanting to set up your own branch to help people. It is the first book that has managed to simply explain (and retain my interest) in micro-economics. you can't help but have admiration for Mohammed Yunus -- for the work he has done -- by setting up branches that only lend money to the people who need it most, by giving them affordable ways to pay it back, and for allowing the people to create their own sustainable means of living. And also for helping women to become valued and essential people in their communities.

I would recommend this book to anyone!!
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Format: Hardcover
What can you say about a man who has changed the world for over 2 million people? Not single-handedly, because his bank had 12,000 employees when he wrote this book, and there are other banks now, that follow the same model - but he was the one who started it all.
If you've ever noticed that your bank only wants to give you money if you don't need it - here's how the other kind of bank would look.
He's an egalitarian Muslim, and he does his best thinking with the T.V. on. I've been waiting a long time for a super-hero with respect for the idiot box.
This is a really hopeful book. It doesn't have all the answers, but it has a bunch of fascinating questions to take down the pub with you. Read it, lend it, review it - stick a bookcrossing label in it and give it to your bank manager. Swap it for a Big Issue, mail it to your MP. What are you waiting for?
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Most Helpful Customer Reviews on Amazon.com (beta)

Amazon.com: HASH(0x8c189a8c) out of 5 stars 4 reviews
8 of 8 people found the following review helpful
HASH(0x8c1e1f84) out of 5 stars Excellent and interesting book 14 May 2002
By N. de Heij - Published on Amazon.com
Format: Hardcover
Muhammad Yunus describes in this book how the idea developed about starting a bank for the poor. The writing style of Yunus makes the book very easy to read; almost like a good novel. Because this book doesn't focusses on just micro-credit (because it's an autobiography) I think it's an excellent introduction to the topic of micro-credit and finding sollutions for the poor. But for more in-dept info, buy another.
6 of 6 people found the following review helpful
HASH(0x8c18f69c) out of 5 stars Life Changing! 14 Dec. 2003
By Jay Goyal - Published on Amazon.com
Format: Hardcover
Banker to the Poor is an excellent read. The style is very easy to understand, and the jumps Yunus makes between different stories, ideas, and theories keep the reader's interest throughout. However, much more so that the style, the story itself is remarkable: to see how a single idea of one man could become a global force against poverty. His example has been extremely influential for millions of people, and his pursuit of a poverty-free world no longer seems outrageous, but in fact attainable! The story was enough for me to want to change my career direction to help the microcredit revolution.
2 of 2 people found the following review helpful
HASH(0x8c1ce2ac) out of 5 stars Inspiring 14 July 2008
By Catherine Stripe Lester - Published on Amazon.com
Format: Hardcover
I was inspired and amazed at the simplicity of Yunus's concept, and appalled at the resistance he met putting it into action.
It started when he found that 42 villagers were being kept in thrall -- literally bonded slavery -- to moneylenders in one village. The total sum they owed was $27. Yunus put his hand into his own pocket, and the system of microcredit was born. THEN came the long, long, attempt to get other sponsors, government help, and a lot more.
By the end of the book they have branched out into cooperatives, health care, cell-phone providers, and the internet. As he says, no US businessman would even consider operating without a telephone.... but there is criticism that "The rural poor do not need the luxury of a telephone." But telephones help the micro-borrowers improve their businesses and find the best markets for their products. So Yunus's bank, Grameen, created GremeenPhone to provide service to villages. Some villages didn't have electricity, so they then created a nonprofit company dedicated to developing wind turbines, solar energy, etc! Just one example of Yunus's progressive thinking and nothing-is-too-tough attitude!
Not in the book, but it's inspiring to see how Yunus's idea has caught on in other parts of the world. There's even a US organization, Kiva, which allows people to extend loans over the internet to individual small businesses in far-flung countries. This is an idea that has to grow.
HASH(0x8c594534) out of 5 stars Highly recommended 25 Nov. 2006
By Jim Luckett - Published on Amazon.com
Format: Hardcover
Very small amounts of capital loaned to people who have almost none yield very large returns. Loans are coupled with requirement that borrowers form groups of five borrowers to support and encourage each other, thereby building community. Bank is owned by the borrowers. Concept becoming worldwide movement called micro-lending. Entrepreneurship and access to credit as a cure for poverty. Great book by the guy who started it all with a $27 loan.
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