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

A Billion Bootstraps

Microcredit, Barefoot Banking, and The Business Solution for Ending Poverty

Hardcover Published: 1st May 2007
ISBN: 9780071489973
Number Of Pages: 224

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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 power of what worksp. 1
Beyond the $900 billion black holep. 13
Giving credit where credit is duep. 35
Barefoot bankingp. 47
Moving the worldp. 63
Microcredit plusp. 77
Beyond good intentionsp. 93
A thousand battles, a thousand victoriesp. 111
The best due diligencep. 129
Tough love leads to happy endingsp. 143
A very brief history of microcredit
Selected microcredit organizations
Microcredit information sources
Calculating an end to poverty
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9780071489973
ISBN-10: 0071489975
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 224
Published: 1st May 2007
Publisher: McGraw-Hill Education - Europe
Country of Publication: US
Dimensions (cm): 25.5 x 19.0  x 2.0
Weight (kg): 0.53
Edition Number: 1

Earn 133 Qantas Points
on this Book