Book cover of Banker to the Poor by Muhammad Yunus

Banker to the Poor

Micro-Lending and the Battle Against World Poverty

Muhammad Yunus

Yunus's account of lending his own money to basket weavers in 1976 and what grew from it.

Yunus lent twenty-seven dollars of his own money to forty-two villagers in Bangladesh and found that they repaid it, which the banks had insisted they would not. This is his account of building the Grameen Bank from that experiment, of the resistance it met, and of the case for treating credit as a human right. He shared the Nobel Peace Prize in 2006.

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