|Banker to the Poor
The Autobiography of Muhammad Yunus, Founder of the Grameen Bank
Muhammad Yunus with Alan Jolis
ISBN 984 05 1467 9 2001 334pp 240x156mm HB Tk.480.00 US$27.00
Banker to the Poor is an autobiographical account of the founder of the Grameen Bank, Muhammad Yunus. This work is fundamental rethink on the economic relationship between the rich and the poor, their rights and obligations. The Grameen Bank is founded on principles of trust and solidarity. Muhammad Yunus believes that the right to credit should be recognized as a fundamental human right because credit is the last hope left to those faced with absolute poverty. The unique and extraordinary methods he used to combat human despair is recounted here with humility and conviction. Yunus is familiar with both Eastern and Western cultures - on the failures and potential for good of industrial countries.
Muhammad Yunus was born in 1940 in Chittagong, the business centre of Eastern Bangladesh. He was the third of 14 children. Educated in Chittagong, he was awarded a Fulbright scholarship and received his Ph. D. from Vanderbilt University, in the USA. In 1972 he became head of the economics department at Chittagong University. He is the founder and Managing Director of the Grameen Bank. In 1997, Professor Yunus organised the world’s first Micro-Credit Summit in Washington, DC.
Alan Jolis, co-author of Banker to the Poor - is an American Journalist and writer, now living in Sweden. His books include Love and Terror. Speak Sunlight (a memoir of childhood) and several children’s novels. He is a contributor to Vogue, Architectural Digest, the Wall Street Journal, the International Herald Tribune and other periodicals.
‘Muhammad Yunus is a banker with a plan to end world poverty with £ I7 and a lot of trust. And it works. Here he explains how?’ - The Guardian, London, 3 l October 1998.
‘The Man who finally gave money-lending an honourable name: Professor Yunus offers an escape from poverty.’ - Rose Wynne-Jones, The Express, London, 29 October 1998.
‘Visionary banker sets free powerless poor. Bangladesh’s famous financier uses micro-credit to bring wealth to the underprivileged of many nations.’ -Rosemary Righter, The Times, London, 3l October 1998.
This book is an appeal for action: we must concentrate on promoting the will to survive and
the courage to build in the first and most essential element of the economic cycle - Man.
‘I only wish every nation shared Dr. Yunus’s and the Grameen Bank’s appreciation of the vital role that girls and women play in the economic, social and political life of our societies.’
-US First Lady, Hillary Clinton
‘By giving poor people the power to help themselves, Dr. Yunus has offered them something far more valuable than a plate of food-security in its most fundamental form.’
-Former US President, Jimmy Carter