A Billion Bootstraps: Microcredit, Barefoot Banking, and The Business Solution for Ending Poverty

A Billion Bootstraps: Microcredit, Barefoot Banking, and The Business Solution for Ending Poverty PDF Author: Philip Smith
Publisher: McGraw Hill Professional
ISBN: 0071508945
Category : Business & Economics
Languages : en
Pages : 250

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Book Description
A bold manifesto by two business leaders, A Billion Bootstraps shows why microcredit is the world's most powerful poverty-fighting movement-and an unbeatable investment for your charitable donations. A Billion Bootstraps unearths the roots of the microcredit revolution, revealing how the pioneering work of people such as Dr. Muhammad Yunus-winner of the 2006 Nobel Peace Prize-is giving hope to billions. Philanthropist and self-made millionaire Phil Smith and microcredit expert and consultant Eric Thurman provide a riveting narrative that explores how these small loans, arranged by “barefoot bankers,” enable impoverished people to start small businesses, support their families, and improve local economies. By paying back their loans instead of simply accepting handouts, men and women around the world are continually giving others the same opportunity to change their futures. Smith and Thurman also examine why traditional charity programs, while providing short-term relief, often perpetuate the problems they are trying to alleviate, and how applying investment principles to philanthropy is the key to reversing poverty permanently. A Billion Bootstraps explains how ordinary people can accelerate the microcredit movement by investing charitable donations in specific programs and then leveraging those contributions so the net cost to lift one person out of poverty is remarkably low. You'll discover how to get more for your money by donating with the mind-set of an investor and calculating measurable returns-returns that will change lives and societies forever.

A Billion Bootstraps: Microcredit, Barefoot Banking, and The Business Solution for Ending Poverty

A Billion Bootstraps: Microcredit, Barefoot Banking, and The Business Solution for Ending Poverty PDF Author: Philip Smith
Publisher: McGraw Hill Professional
ISBN: 0071508945
Category : Business & Economics
Languages : en
Pages : 250

Get Book Here

Book Description
A bold manifesto by two business leaders, A Billion Bootstraps shows why microcredit is the world's most powerful poverty-fighting movement-and an unbeatable investment for your charitable donations. A Billion Bootstraps unearths the roots of the microcredit revolution, revealing how the pioneering work of people such as Dr. Muhammad Yunus-winner of the 2006 Nobel Peace Prize-is giving hope to billions. Philanthropist and self-made millionaire Phil Smith and microcredit expert and consultant Eric Thurman provide a riveting narrative that explores how these small loans, arranged by “barefoot bankers,” enable impoverished people to start small businesses, support their families, and improve local economies. By paying back their loans instead of simply accepting handouts, men and women around the world are continually giving others the same opportunity to change their futures. Smith and Thurman also examine why traditional charity programs, while providing short-term relief, often perpetuate the problems they are trying to alleviate, and how applying investment principles to philanthropy is the key to reversing poverty permanently. A Billion Bootstraps explains how ordinary people can accelerate the microcredit movement by investing charitable donations in specific programs and then leveraging those contributions so the net cost to lift one person out of poverty is remarkably low. You'll discover how to get more for your money by donating with the mind-set of an investor and calculating measurable returns-returns that will change lives and societies forever.

The Poor Will be Glad

The Poor Will be Glad PDF Author: Peter Greer
Publisher: Zondervan
ISBN: 0310293596
Category : Church work with the poor
Languages : en
Pages : 292

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Book Description
A compelling call to carry God's mercy and compassion to the hurting people of this world This eminently practical book by two leading experts in the field of poverty reduction offers a clear plan to help ordinary Christians translate their compassion into thoughtful action. Authors Peter Greer and Phil Smith draw on their personal experiences to provide proven solutions for effectively reducing poverty. With photographs by Jeremy Cowart included throughout, The Poor Will Be Glad examines the pitfalls of traditional approaches and outlines a new model of economic development aimed at breaking the cycle of dependency. Through microfinance and employment-based solutions, people who share God's heart for the poor can reorient their efforts from giving handouts to offering a hand up, helping others provide for their families and regain their dignity. This book provides straightforward guidance for individuals and groups eager to carry God's justice, mercy, and compassion to the hurting people in our world.

The Credibility of Microcredit

The Credibility of Microcredit PDF Author:
Publisher: BRILL
ISBN: 9004252185
Category : Social Science
Languages : en
Pages : 240

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Book Description
The Credibility of Microcredit offers an objective assessment of microfinance worldwide by way of interdisciplinary research. It features works from leading researchers in the field of microfinance, as well as new names, employing a variety of methods and theoretical approaches.

The Micro-politics of Microcredit

The Micro-politics of Microcredit PDF Author: Mohammad Jasim Uddin
Publisher: Routledge
ISBN: 1317430867
Category : Business & Economics
Languages : en
Pages : 244

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Book Description
Microcredit has been seen in recent decades as having great potential for aiding development in poor developing countries, with Bangladesh being one of the countries which has pioneered microcredit and implemented it most widely. This book, based on extensive original research, explores how microcredit works in practice, and assesses its effectiveness. It discusses how microcredit, usually channelled through women, is often passed to the men of the family, a practice disapproved of by some, but regarded as acceptable by borrowers who have a communal approach to debt, rather than viewing debt as something held by single individuals. The book demonstrates how the rules around microcredit are often seem as irksome by the borrowers, how lenders often charge high rates of interest and work primarily to preserve their institutions, thereby going against the spirit of the microcredit movement, and how borrowers often end up on a downward spiral, deeper and deeper in debt. Overall, the book argues that although microcredit does much good, it also has many drawbacks.

Poverty

Poverty PDF Author: Noël Merino
Publisher: Greenhaven Publishing LLC
ISBN: 0737756624
Category : Young Adult Nonfiction
Languages : en
Pages : 253

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Book Description
Articles included in volume explore the issue of poverty around the world, as well as the impact of the global recession on poverty-related issues. Topics covered include poverty's rise and decline in specific countries, such as China, South Asia, Latin America, and the United States. Readers will explore the causes of poverty around the world, and the efforts to end poverty, from foreign aid to rapid growth.

Reimagining Global Philanthropy

Reimagining Global Philanthropy PDF Author: Kirk Bowman
Publisher: Columbia University Press
ISBN: 0231553439
Category : Business & Economics
Languages : en
Pages : 344

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Book Description
Well-meaning Westerners want to find ways to help the less fortunate. Today, many are not just volunteering abroad and donating to international nonprofits but also advancing innovations and launching projects that aim to be socially transformative. However, often these activities are not efficient ways of helping others, and too many projects cause more harm than good. Reimagining Global Philanthropy shares the journey of a conservative banker and a progressive professor to find a better way forward. Kirk S. Bowman and Jon R. Wilcox explain the boom in the global compassion industry, revealing the incentives that produce inefficient practices and poor outcomes. Instead of supporting start-up projects with long-shot hopes for success, they argue, we can dramatically improve results by empowering local leaders. Applying lessons from the success of community banks, Bowman and Wilcox develop and implement a new model that significantly raises philanthropic efficacy. Their straightforward and rigorously tested approach calls for community members to take the lead while outside partners play a supporting role. Bowman and Wilcox recount how they tested the model in Brazil, demonstrating the value of giving people in marginalized communities the opportunity to innovate. In a time of widespread social reckoning, this book shows how global philanthropy can confront its blind spots and failures in order to achieve truly transformative outcomes. Readers can access five of the documentary films discussed in the book on a companion website. In addition to the films, chapter discussion questions and other supplemental materials are also available at the site.

Contemporary Microenterprise

Contemporary Microenterprise PDF Author: Joseph Mark S. Munoz
Publisher: Edward Elgar Publishing
ISBN: 184980804X
Category : Business & Economics
Languages : en
Pages : 337

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Book Description
While there have been numerous books and articles written on the popular topic of microfinance , few books have been written on the business model behind it: the microenterprise . Due to its diversity of thought and high quality of chapter contributions, this book is poised to be the book on microenterprises . Contemporary Microenterprise is a collage of the latest research and viewpoints on the subject by recognized academics and experts from around the globe. Through the confluence of diverse and profound voices from around the world, very small (micro) businesses have proven to be the most prevalent and fastest-growing business form, and a suitable model for enterprise survival and success in a challenging global economy. Joseph Mark Munoz has brought together an international cast of contributors, and draws insights from concepts and cases from locations such as Vietnam, the United States, Latin America and Africa. The chapters include conceptual frameworks and research that yield valuable lessons and practical business solutions. The broad scope of this compendium, coupled with its careful attention to detail, will be of critical value to business students and their professors, industry executives, government officials, policymakers, consultants and entrepreneurs.

Solidarity Economy and Social Business

Solidarity Economy and Social Business PDF Author: Noriatsu Matsui
Publisher: Springer
ISBN: 4431554718
Category : Business & Economics
Languages : en
Pages : 113

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Book Description
This book presents theoretical examinations of why and how connecting people yields different results from those of the market mechanism alone. With an ever-greater disparity between the world’s rich and poor, actions have been taken to remove the imperfections and remedy malfunctions of the market mechanism. An underlying theme of these activities is to connect people and make them directly visible to one another; thus the integrating concept of the “solidarity economy” emerges. This volume analyzes diverse examples and practices of solidarity economy. Adam Smith emphasized the importance of “sympathy” among people and the role of the “impartial spectator” in order to control otherwise reckless markets. These major concepts form the basis of a solidarity economy. The examples and practices in this book are based on this framework. The first is the idea of social business, promoted by Prof. M. Yunus of the Grameen Bank. Although the group of five members in the Grameen Bank organization is considered a system of mutual surveillance by some economists, it is not a system based on distrust but a mechanism for mutual help and encouragement. Also examined in this book is organic agriculture, which adheres to the necessity of face-to-face relationships. It pursues environmental concerns and food safety by bringing together consumers and producers in local areas and by sharing knowledge. When consumers and producers are widely separated, a system of certification assures consumers that no chemical pesticides and fertilizers are used. Connecting consumers and producers through certification systems can be seen as part of fair trade mechanisms. These mechanisms are applied in certified coffee programs, for instance, to reduce poverty, to protect the environment, and to safeguard human rights. This book proposes that all these seemingly different types of activities can be understood as part of the solidarity economy. With this unifying theme, the book will be useful for both theoretical investigations and practical applications.

Poverty Capital

Poverty Capital PDF Author: Ananya Roy
Publisher: Routledge
ISBN: 1136992499
Category : Social Science
Languages : en
Pages : 295

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Book Description
Winner of the 2011 Paul Davidoff award! This is a book about poverty but it does not study the poor and the powerless; instead it studies those who manage poverty. It sheds light on how powerful institutions control "capital," or circuits of profit and investment, as well as "truth," or authoritative knowledge about poverty. Such dominant practices are challenged by alternative paradigms of development, and the book details these as well. Using the case of microfinance, the book participates in a set of fierce debates about development – from the role of markets to the secrets of successful pro-poor institutions. Based on many years of research in Washington D.C., Bangladesh, and the Middle East, Poverty Capital also grows out of the author's undergraduate teaching to thousands of students on the subject of global poverty and inequality.

Handbook of Critical Agrarian Studies

Handbook of Critical Agrarian Studies PDF Author: Akram-Lodhi, A. H.
Publisher: Edward Elgar Publishing
ISBN: 1788972465
Category : Social Science
Languages : en
Pages : 744

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Book Description
Exploring the emerging and vibrant field of critical agrarian studies, this comprehensive Handbook offers interdisciplinary insights from both leading scholars and activists to understand agrarian life, livelihoods, formations and processes of change. It highlights the development of the field, which is characterized by theoretical and methodological pluralism and innovation.