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Book Review: Banker to the Poor

Book Review: Banker to the Poor

Muhammad Yunus was awarded the Nobel Peace Prize in 2006 for his work in alleviating global poverty. He is the pioneer of the micro-lending movement, which targets the world’s poorest people for small loans that can be used for launching personal businesses. Yunus’s theory is that the best way to bring people out of poverty is to enable them to do it themselves. Yunus’s Grameen Bank never gives away money. They do not forgive loans when borrowers fall on hard times, instead merely restructuring terms and offering more money to alleviate immediate hardships. In Banker to the Poor, Yunus describes the path he and his bank took to discovering a winning formula that has saved the lives of millions of the world’s most desperate people. Continue Reading

Posted in Economics, Featured, PoliticsComments Off

Book Review: Into the Wild

Storyline:

In April 1992 a young man from a well-to-do family hitchhiked to Alaska and walked alone into the wilderness north of Mt. McKinley. His name was Christopher Johnson McCandless. He had given $25,000 in savings to charity, abandoned his car and most of his possessions, burned all the cash in his wallet, and invented a new life for himself. Four months later, his decomposed body was found by a moose hunterÂ…
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Posted in FrugalityComments (2)

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