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Banker to the Poor: Micro-Lending and the Battle Against World Poverty (平装)
 by Muhammad Yunus


Category: Poverty reduction, Poverty fighting, Globalization, Nonfiction
Market price: ¥ 168.00  MSL price: ¥ 158.00   [ Shop incentives ]
Stock: Pre-order item, lead time 3-7 weeks upon payment [ COD term does not apply to pre-order items ]    
MSL rating:  
   
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MSL Pointer Review: This book effectively presents a simple story about a practical man who has made millions of the world's poorest people significantly better off.
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  AllReviews   
  • A reader (MSL quote), USA   <2007-05-21 00:00>

    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!
  • A reader (MSL quote), USA   <2007-05-21 00:00>

    A book that makes you look at the world from the right perspective. It deals with major economic problems and provides solutions based on true experience. It has the clarity and simplicity that comes from having put the ideas into practice and having achieved results. Refreshing and inspiring in a world where its quite difficult to judge what is true.
  • Danny Li (MSL quote), USA   <2007-05-21 00:00>

    Professor Muhammed Yunus, with a combination of analytical clarity and moral indignation that is too rare among economists, embarked on a personal journey to stamp out poverty back in 1976. Amazingly, from that modest beginning of a $27 mini loan, his Grameen ("of the village") Bank has now distributed the equivalent of over one billion dollars to 2 million borrowers! And their repayment rate is above 98%. Provocatively, his scathing critiques of traditional economics will mark him as an innovator who belives in a "socially-consciousness-driven private sector". Summing up, if a "Long March" of 1,000 miles begins with the first step, then reading this book will surely be happy trails for the aspiring pioneers of the new collective economy of the 21st century.
  • Kalyan C. Bandari (MSL quote), India   <2007-05-21 00:00>

    Mohd Yunus is a leading authority on micro-lending and poverty alleviation. The book chronicles a one man's struggle against fighting poverty against all odds. Very easy to read and focuses on the issues and events and not the individual. After reading this book I had to re-examine and change my existing misconceptions about poverty.
  • A reader (MSL quote), USA   <2007-05-21 00:00>

    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.
  • E. Calvert (MSL quote), USA   <2007-05-21 00:00>

    I found Banker to the Poor to be an excellent, enjoyable read that provided me invaluable insights into poverty in third world countries, and educated me about effective market-driven ways to allieviate poverty, empower the poor and transform poor women from victims to successful entrepreneurs. Well worth anyone's time to read. The author's award of the Nobel Peace Prize seems very deserving.
  • P. R. Welker (MSL quote), USA   <2007-05-21 00:00>

    This books makes you appreciate all of the advantages that one is afforded by simply being born into an advanced economy. Yunus does an great job of explaining his rational for how he developed his bank and what has made it successful. He truly does deserve his Nobel Prize as I am sure his banking model will have an ever-widening affect on the lives of millions for generations to come.
  • J. Francis (MSL quote), USA   <2007-05-21 00:00>

    This book eloquently describes the political and economic systems that keep the poor impoverished - and it describes the problems encountered in solving the problem. Muhammad Yunus is an inspirational, compassionate, intelligent role model who has lived and `walked his talk' in every way. I think this book should be compulsory reading for every senior school student born into a privileged, first world country. The fourteen-year old who whines for more pocket money would do well to understand and respect how it is for those born less fortunate; and we may benefit from their increased social awareness.
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