Banker to the Poor: Micro-Lending and the Battle Against World Poverty
6/10
mimi’s ratingIn this accessible account, Nobel Peace Prize laureate Muhammad Yunus, co-authored with journalist Alan Jolis, explains the origins and mechanics of microcredit. Yunus details how the Grameen Bank in Bangladesh pioneered the practice of extending small loans to the rural poor, specifically women, who were traditionally excluded from formal banking systems. The narrative traces the evolution of this model from a personal experiment to a global movement, arguing that providing financial access and education empowers communities to lift themselves out of poverty.
Description adapted from Open Library ↗.