"Aren't all Bangladeshis poor?" you ask. No. There is wealth. But there are also tens of millions of families so impoverished that one cannot begin to understand the depth and breadth of their deprivation without actually visiting this tropical nation or coming to know some of these people through a book such as this.
Bornstein writes in a painterly way. His stories, both sad and glad, weave a mesmerizing pattern of the richness of Bangladeshi life amid trying circumstances. How people cope, how they react to successes and disasters, how they work to pull themselves up economically and socially: every thread is pulled through the loom in due course to render a true and clear representation of lives on the ragged edge. Thanks to loans from Grameen, millions of families have been able to hem that edge, one stitch at a time, to finish off their piece of cloth.
For his part, Yunus, speaking as the economics professor he once was, declares, "Credit is a powerful weapon, and anyone possessing this weapon is certainly better equipped to maneuver the forces around him to his advantage." (p. 228)
Micro-credit empowers the unempowered. No one describes that process better than David Bornstein. The Price of a Dream will open your eyes to the possibility of minimizing the indignity of poverty in our lifetime, if not eliminate it altogether. Every beautiful tapestry starts with a single thread. Even if that first thread is mere hope, it's a worthy place to begin.
David Bornstein has written the book beautifully.
Dr Yunus is a legend.... Respect to you sir
omar_rahim@hotmail.comEngaging reading Intended for an audience unfamiliar with micro-finance, this book offers an easily readable history of the Grameen Bank and the potential for loaning to poor women. Even though I have some background in the field, I still found it an interesting story. However, the author relied heavily on Grameen staff and translators and I felt that the level of analysis and criticism that would have been useful was lacking. It is more a journalistic story than an academic analysis of this institution.
