Muhammad Yunus won the Nobel Peace Prize for his work with micro-lending and the battle against world poverty. He started a bank in India that gives smalls loans to people to help them start their own small businesses and get out of debt to the lenders. It was amazing what a small amount of money these people needed to become self-sufficient. I learned a lot from this book about how it is possible to eliminate poverty.
Friday, March 21, 2008
Banker to the Poor by Muhammad Yunus, 312 pages
Muhammad Yunus won the Nobel Peace Prize for his work with micro-lending and the battle against world poverty. He started a bank in India that gives smalls loans to people to help them start their own small businesses and get out of debt to the lenders. It was amazing what a small amount of money these people needed to become self-sufficient. I learned a lot from this book about how it is possible to eliminate poverty.
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