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.Banker to the Poor: The Story of the Grameen Bank by: Mohammad Yunus, Alan Jolis July 11, 2003 This is the book that made me want to know more about microfinance, I found it very inspiring and Dr Yunus became my personal hero. I then learned more about microfinance, talked to senior microfinance experts, and even though microfinance is indeed a powerfull tool to fight poverty, it is not the panacea it sometimes claims to be. Microfinance can have a negative impact on social fabric, increasing tensions inside communities, it can also be used by governments of developping countries as a way to privatise social welfare, typically after massive lay-offs from the private sector(why spend public money on unemployment benefits, minimum wage, let's bring microfinance instead to help the poor..). I don't mean to sound ... Read More: >>See More Reviews & Details on Banker to the Poor: The Story of the Grameen Bank |
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