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Banker to the Poor: The Autobiography of Muhammad Yunus, Founder of the Grameen Bank
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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
Muhammad Yunus, a native of Bangladesh, was educated at Dhaka University and was awarded a Fulbright scholarship to study economics at Vanderbilt University. In 1972, he became Head of the Economics Department at Chittagong University. He is the founder of Grameen Bank and the father of microcredit, an economic movement that has helped lift millions of families around the world out of poverty. He is also the creator of social business. Yunus and Grameen Bank are winners of the 2006 Nobel Peace Prize, and Yunus won the Presidential Medal of Freedom, 2009, and the Congressional Gold Medal, 2013. Alan Jolis, co-author of Banker to the Poor, is an American journalist and writer, now living in Sweden. His books