Thursday, January 8, 2009

Banker to the poor - bringing people out of poverty with dignity

Making business sense at the bottom of the pyramid and there by making a huge impact on the lives of millions and enabling a third of them to come out of poverty with dignity is something spectacular and that is what Muhammed Yunis and Grameen Bank have shown in Bangladesh. His book 'Banker to the Poor' is a well written biography and does touch a real chord in all, especially people in the Indian sub-continent. His is an exemplary story of having changed the conventional wisdom on its head and made business sense, which has ushered in an era of micro-credit that has changed the way people look at the bottom of the pyramid.
All have a right to dignity and self respect and any program for the poverty alleviation or education for the poor that does not involve them in the process with dignity and self respect is bound to fail.

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