Biography Explores Microcredit Loans as Means for Social Change

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Author examines the life of Nobel Peace Prize Winner Muhammad Yunus.

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In “Working-age adults make up record share of US poor,” a recent Bloomberg Businessweek story on poverty, Hope Yen writes, “Working-age America is the new face of poverty.” Addressing poverty, one of the most problematic social concerns today, Rashidul Bari delivers “Grameen Social Business Model: A Manifesto for Proletariat Revolution” (published by AuthorHouse), his biography of Muhammad Yunus, founder of Grameen Bank.

In this interesting glimpse into the life of the prolific economist, Bari explores Yunus’ most well-known concepts: microcredit and social business. As Bari explains, Yunus’ Grameen Bank uses a microcredit system to provide small loans to impoverished people, providing them with the tools to break the cycle of poverty plaguing society.

He goes on to clarify that microcredit is not a magical, all-encompassing solution to poverty. “In fact,” he says, “it is an economic theory that does not work unless one tries hard enough and goes the extra mile with it. In this way, microcredit is no different from education; one can succeed only if one puts in the extra effort.”

Bari’s Grameen Social Business Model provides a number of success stories of people who have benefited from Yunus’ system. Bari postulates that the microcredit business model can help disadvantaged people, saying, “I have certainly also learned an enormous amount about the potential of microcredit influence social change by empowering the impoverished to break the restrictive chains of life in poverty, freeing them from political oppression and street violence at the same time.”

About the Author
Born in Chittagong, Bangladesh, Rashidul Bari predominantly writes about his experiences in a country rife with political turmoil. He has published 25 Bengali books – mostly focused on self-expression and injustice – and has achieved success as a well-known figure in Bengali literature and an accomplished public speaker on political topics. His best seller “Muhammad Yunus: The Saint” was adapted into a film and telecast on Channel –i. Bari received a bachelor's degree in political science from York College and a master's degree in political science from Brooklyn College. Recently, he received second bachelor's degree in economics from City College of New York – where he served as a vice president of the student government. Currently, he is pursuing a third, fourth and fifth honors degree in three different fields: mathematics, physics and computer science at Lehman College of City University of New York.

AuthorHouse, an Author Solutions, Inc. self-publishing imprint, is a leading provider of book publishing, marketing, and bookselling services for authors around the globe and offers the industry’s only suite of Hollywood book-to-film services. Committed to providing the highest level of customer service, AuthorHouse assigns each author personal publishing and marketing consultants who provide guidance throughout the process. Headquartered in Bloomington, Indiana, AuthorHouse will celebrate 15 years of service to authors in Sept. 2011.For more information or to publish a book visit or call 1-888-519-5121. For the latest, follow @authorhouse on Twitter.

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