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Title: Banker to the Poor: Micro-Lending and the Battle Against World Poverty by Muhammad Yunus ISBN: 1-58648-198-3 Publisher: PublicAffairs Pub. Date: 14 October, 2003 Format: Paperback Volumes: 1 List Price(USD): $15.00 |
Average Customer Rating: 4.69 (13 reviews)
Rating: 5
Summary: Deeply Moving & Motivating!
Comment: If you know the story of Grameen Bank, and wanted to know more about the founder - I don't need to say anymore.
If you haven't heard of Grameen, prepare yourself to learn about a bank which has overturned the conventional wisdom about helping people who live in poverty.
Yunus' big idea can be put very simply: people who live on less than $1 per day (3 billion people) don't need to be tought how to feed themselves and survive - the very fact that they are alive is testament to their abilities.
His approach rests upon that faith in people's ability to help themselves, if given access to the very small amounts of loan capital they need to start a profitable venture - whether that is weaving cloth or repairing bicycles.
The road to reaching more than 2 million people in Bangladesh, and many other millions worldwide, wasn't smooth. What you get from reading this book is a sense that sometimes the 'homegrown' solution beats the 'imposed' ideas from the developed world.
A challenging book for liberals and conservatives alike!
Rating: 4
Summary: The pioneer of microlending...
Comment: The story of the Grameen bank is an excellent example of how social change initiatives can be combined with government and private industry support to acheive a greater outcome than the organization could acheive by itself. Yunus provides an excellent chronicle of his bank's formation as well as explaining its principles. Highly recommended for anyone interested in social entrepreneurship or social change. The only shortcomings are: 1) as a finance person, I would like to have read more about the operational side of the banks relative to their commercial competitors - what specific factors enabled them to be so successful (other than the broad social factors he identifies)? 2) Need more information about how these types of programs can be applied to industrialized nations such as the US.
Rating: 5
Summary: Small loan impacts on the lives of third world peoples
Comment: In 1983 Yunus established a bank devoted to providing the poorest of Bangladesh with small loans, aiming to help the poor by supporting them with his own enterprise. Yunus' small loans paid off big time, and this provides a review of his theories of small loan impacts on the lives of third world peoples. An intriguing, important guide packed with ramifications for all.
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Title: The Price of a Dream: The Story of the Grameen Bank by David Bornstein ISBN: 0226066444 Publisher: University of Chicago Press (Trd) Pub. Date: November, 1997 List Price(USD): $20.00 |
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Title: How to Change the World: Social Entrepreneurs and the Power of New Ideas by David Bornstein ISBN: 0195138058 Publisher: Oxford University Press Pub. Date: January, 2004 List Price(USD): $28.00 |
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Title: Microfinance Handbook: An Institutional and Financial Perspective (Sustainable Banking With the Poor) by Joanna Ledgerwood, Mieko Nishimizu, Ian Johnson ISBN: 0821343068 Publisher: World Bank Pub. Date: March, 2001 List Price(USD): $30.00 |
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Title: The New World of Microenterprise Finance: Building Healthy Financial Institutions for the Poor by Maria Otero, Elisabeth H. Rhyne, Mary Houghton ISBN: 1565490304 Publisher: Kumarian Press Pub. Date: February, 1994 List Price(USD): $26.95 |
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Title: Development as Freedom by Amartya Sen ISBN: 0385720270 Publisher: Anchor Pub. Date: 15 August, 2000 List Price(USD): $15.00 |
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