Professor muhammad yunus biography book




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    Banker to the Poor

    1999 autobiography by Muhammad Yunus and Alan Jolis

    Banker to the Poor: Micro-Lending and the Battle Against World Poverty is an autobiography of 2006 Nobel Peace Prize Winner and Grameen Bank founder Muhammad Yunus.

    Professor muhammad yunus biography book

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  • The book describes Yunus' early life, moving into his college years, and into his years as a professor at Chittagong University. While a professor at Chittagong University, Yunus began to take notice of the extreme poverty of the villagers around him.

    In 1976, Yunus incorporated the help of Maimuna Begum to collect data of people in Jobra who were living in poverty. Most of these impoverished people would take a loan from moneylenders to buy some raw material, using that raw material to create some product, and then selling back the good to the moneylender to repay the loan, earning a very meager profit.

    One 21-year-old woman, Sufia Begum, who was interviewed, earned no more than two cents per day making bamboo stools under this system.The lis