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Banker to the poor by Muhammad Yunus

Banker to the poor by Muhammad Yunus

Rs. 199.00
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Book Summary –

Banker to the Poor is the autobiography of Muhammad Yunus, the Bangladeshi economist and Nobel Peace Prize laureate who pioneered the concept of microcredit and founded the Grameen Bank. The book chronicles his journey from being a university professor to becoming a social entrepreneur determined to fight poverty in a practical and sustainable way. Yunus recounts how he started giving tiny loans to poor villagers, especially women, who were excluded from traditional banking systems. These small loans enabled them to start businesses, support their families, and improve their lives. Through personal stories and reflections, Yunus challenges conventional banking and economic practices and presents microfinance as a powerful tool for social change and empowerment. The book is both a memoir and a call to action, showing how grassroots efforts can transform lives and reshape global development.

About the Author – 

Muhammad Yunus is a Bangladeshi economist, banker, and social reformer who founded the Grameen Bank and is widely regarded as the father of microfinance. Born in 1940 in Chittagong, Bangladesh, he studied economics in the U.S. before returning to his homeland, where he became deeply disturbed by the poverty he witnessed. His innovative idea of lending small amounts of money without collateral to the poor—especially women—revolutionized development thinking and empowered millions to break the cycle of poverty. For his work, Yunus and the Grameen Bank jointly received the Nobel Peace Prize in 2006. He has continued to advocate for "social business" as a way to address global issues beyond just poverty, including health care and education.

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