Banker To The Poor Book Report

The Noble Peace Prize winning book, written by Muhammad Yunus, embodies the micro-lending and battle against the world of poverty. “Banker to the Poor” narrates the life of Muhammad Yunus and his commence of the institution, Grameen Bank. Yunus held an urge of aiding the poor so the poor could be able to help themselves. His thoughts were that if the poor was taught some basic principles of financial management, while being presented with some financial assistance, they will learn the concept of responsibility and become self-sufficient. In agreement with Yunus, the most efficient way to help the poor through the long run is through business. We can create a world free of poverty by giving everyone a fair chance to succeed by providing a level

Like the definition, Yunus states that “To me, a world without poverty means a world in which every person can take care of his or her basic life needs” (Yunus, 2007, p.261). Yunus shows how ineffective charitable donations could be compared to micro-lending in the long run, as he stands by that charity only “increases their misery, robs them of incentive and, more important, of self-respect.” (Yunus, p. 205). Yunus knew it was time for an improvement in the long run without charity. Proverbs 19:17 supports Yunus kindness by saying, “Whoever is kind to the poor lends to the LORD, and he will reward them for what they have done” (Proverbs 19:17 New International

After noticing the cycle of poverty in Bangladesh and watching his mom care for the poor, Dr. Muhammad Yunus decided to make a useful change. Yunus stated, “It was she, by her concern for the poor and the disadvantaged, who helped me discover my interest in economics and social reform” (Yunus, 2007, p.5). With Yunus seeing the effect that financial awareness has on a person, he knew providing financial services was the way to go. Viewing access to credit as a basic human right, the Grameen Bank gave the poor to have a chance to gain credit as an opportunity to help themselves. By the way of this system, Yunus believed that the poor will repay the borrowed money as well as develop some financial skills. Leaping out on a strength of faith, the success of his change proved that poor who were unemployed and living in poverty could receive consistent employment and a credit improvement. Yunus shown this to be truth this by saying, “And when I went to the villages I saw how many of our borrowers had not only crossed the poverty line but left it far behind” (Yunus, 2007, p.199). Wayne Grudem and Muhammad Yunus had the same foundation when it came to their concepts. Wayne Grudem’s concept, introduced in “Business for the Glory of God,” stands for business glorifying God but only when it is carried out in the way that God's mentality has.