Sunday, May 4, 2014

TOW #26 IRB Post Banker to the Poor By: Muhammad Yunus

My plan for this TOW would be to establish a strong introduction and conclusion. I feel as though that my introductions need work. More specifically the introduction needs to be more general. I would also like my conclusions to be a little bit more specific. I would like the conclusions to have something that would allow the reader to have something to go away with.

Bangladesh has many people stuck in the spiral of poverty, and one man tries to find the way out for them. Muhammad Yunus, an economics teacher and Noble Peace Prize Laureate, wrote his stories in the biography Banker to the Poor. The first seven chapters follow his growth from a little boy in Chittagong to a student at Boulder, Colorado. It also shows how he was an activist for the Bangladesh independence movement, and how he has a desire to see his people out of poverty. The author uses real life examples to show how he has helped the people of Bangladesh.

After the independence of Bangladesh is declared and some of the dust has settled, Yunus moves in to lend some assistance. He goes to a college and applies to be the economics teacher. Through this position he is able to help many of the students get a better education so that they may better the country. Another way that Yunus proves to the reader that he is helping the community is by introducing the idea of microeconomics. The idea first begins with a stool maker he meets when doing a census with some of his students. He asks them how much the stool makers make as profit. When he finds out that they only make about two cents per stool and sell hundreds. They can only afford the raw materials for the next stools and not enough for food. Set on facing this problem head on Yunus gives money directly to the stool makers and not to the person with the raw materials. This introduction of money allowed the stool makers to become economically stable and have better lives for themselves. 

This break through idea has not been tested before and in the first seven chapters of the book shock the reader, and allow signs of hope for the people of Bangladesh. This was intended for the mass amount of people. Since many people do not know about the spiral of poverty in most parts of the world Muhammad Yunus introduces this to many people. He does it slowly but also being very detailed in his explanation of what is happening. I believe that this was a very goo way to start a biography on the many trials and tribulations that Muhammad Yunus had to take until he was recognized in his Nobel Peace Prize. 

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