This is a book about Change.
In Twenty-Seven Dollars and a Dream: How Muhammad Yunus Changed the World and What it Cost Him, Katharine Esty tells the story of a true hero of our time. It's the story of a man engaged in a lifetime struggle to end poverty by enabling those who have very little.Muhammad Yunus has been called the father of microcredit. His work, offering small loans to the very poor, has shaken the foundations of financial services around the world, offering the promise of change to the very poorest among us. In 2006, Yunus won the Nobel Peace Prize.
Today, Muhammad Yunus is in the news again, locked in a struggle with a hostile government and jealous prime minister in his native Bangladesh.
Nobel Peace Prize in 2006
"The poor are rarely on podiums to receive recognition, yet half of the world population lives on less than two dollars a day. He summarized the accomplishments of the Grameen Bank, which by 2006 had lent money to nearly seven million poor people, 97 percent of whom were women. In Bangladesh, he added, 80 percent of poor families had now been reached with microcredit."
— Katharine Esty on Muhammed Yunus receiving his Nobel Peace Prize, 2006, from Twenty-Seven Dollars and a Dream
"In Twenty-Seven Dollars and a Dream: How Muhammad Yunus Changed the World and What it Cost Him, Katharine Esty ... explains and upholds the world and legacy of this complicated, gifted man. Her frank and coolheaded portrait of Yunus, and her clear, perceptive assessment of the strategies that made the Grameen Bank thrive show not only what it takes to dream a possible dream, but how to make it real."
— Liesl Schillinger, New York-based writer and literary critic
“Katharine Esty’s personal journey of discovery captures the essence of Nobel Laureate Muhammad Yunus, father of microfinance, and his pathbreaking work to transform the lives of the poor.”
— Rosabeth Moss Kanter, Harvard Business School Professor and author of Confidence and SuperCorp: How Vanguard Companies Create Innovation, Profits, Growth and Social Good.
“This book tells the story of a true pioneer in the worldwide movement to empower women and in the recognition that women hold the key to fixing our impoverished societies.”
— Alan Lightman is a physicist, novelist and essayist. He is a professor at the Massachusetts Institute of Technology and the author of the international bestseller Einstein’s Dreams.
"Yunus is the most famous social entrepreneur in the world and a world class change-maker. He and the Grameen Bank have inspired hundreds of thousands of organizations. ... Katharine Esty's book is full of wonderful details that shed light on Yunus's personality, the development of his ideas, and how he has led broad changes in the world."
— David Bornstein, journalist and author
“Katharine Esty, an American social psychologist and organizational change consultant, explains and upholds the work and the legacy of this complicated, gifted man. Her frank and coolheaded portrait of Yunus, and her clear, perceptive assessment of the strategies that made the Grameen Bank thrive show not only what it takes to dream a possible dream, but how to make one real.”
— Liesl Schillinger is a New York–based writer and literary critic whose work has appeared in The New York Times Book Review, The New Yorker, and New York magazine.