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Small Loans, Big Dreams, 2022 Edition
By Alex Counts
- Default Title
Description
First published in 1996, Small Loans, Big Dreams is the classic account of the origins and development of microfinance, from the $27 in loans given by a young economics professor to liberate poor villagers from loan sharks to its present status as a sometimes-controversial global phenomenon. Alex Counts, a protegé of Yunus and founder of the Grameen Foundation, paints vivid portraits of the determined women he came to know whose lives have been transformed by the opportunity to launch a small business, first in the countryside of Bangladesh, then in downtown Chicago, where an experimental project brought the microfinance method to America.
In this new edition, Counts traces the history of microfinance, exploring the ways Grameen Bank has evolved in response to challenges from economic downturns to environmental crises. He depicts the various forms-some highly effective, others less so-that microfinance has taken in countries around the world, including Grameen America, the rapidly growing microfinance enterprise now headed by Andrea Jung that serves thousands of women across the U.S. Finally, Counts responds to critics who have questioned the value of the Grameen model and describes the lasting legacy of Yunus's remarkable vision. Small Loans, Big Dreams shows how microfinance can play a critical role in reducing the scourge of inequality by enabling underprivileged people to participate creatively in the global economy.
Now with a new Afterword: Muhammad Yunus and the Monsoon Revolution of 2024
Product details
Binding:
Paperback
Number of Pages:
416
Release Date:
2022-10-08
Publication Date:
2022-10-11
Publisher:
Rivertowns Books
Languages:
Original:
English
ISBN10:
1953943195
ISBN13:
9781953943194
GPSR Manufacturer Reference:
Weight:
672 g
Height:
152 cm
Width:
229 cm
Thickness:
24 cm
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