Billion Bootstraps: Microcredit, Barefoot Banking, and The Business Solution for Ending Poverty / Edition 1by Philip Smith
Pub. Date: 02/07/2007
Publisher: McGraw-Hill Professional Publishing
- McGraw-Hill Professional Publishing
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A Billion Bootstraps: Microcredit, Barefoot Banking, and The Business Solution for Ending Poverty based on 0 ratings. 4 reviews.
The best way to attack poverty is through the use of sound economic principles. This book will inspire you to look at poverty, not as a hopeless problem, but as an opportunity to effect real change in the lives of individuals. By acting upon the lessons of this book, you can ignite the spark of personal industry in the lives of people who can then create lasting wealth for their families, communities, and countries, finally succeeding where ¿charity¿ had previously failed. Reading this book will show you how you truly can make a difference.
As a microfinance practitioner I have long struggled to find a book to recommend that succinctly summarizes the power of microfinance. It is easy to delve into the technical details and forget the fundamental reasons for how and why microfinance is lifting millions out of crushing poverty. With A Billion Bootstraps I finally have it: a book that accurately, briefly, and compellingly summarizes this approach to poverty alleviation. I highly recommend it to those who would like an overall description of microfinance, an understanding of why it could be the most effective way of addressing poverty in today¿s world, and, most importantly, ways to get involved. -Peter Greer President, HOPE International
I wish I had this book 14 years ago. I could have avoided a lot of mistakes and wasted effort as I tried vainly to ¿help the poor¿. At that time, others from my church and I were seeking to assist low-income Ukrainians as they struggled to emerge from the ashes of the former Soviet Union. Over a few years we tried lots of things ¿ from handouts to giving equipment to start a medium-size business. Nothing worked, until we discovered the power of microfinance ¿ described so movingly in A Billion Bootstraps. For anyone seeking to make a significant, lasting difference in the lives of thousands, even millions of people, this resource is a great place to start. I have found that microfinance provides permanent solutions to poverty. The authors of A Billion Bootstraps have shown that clearly. -Jeff Rutt President, Keystone Custom Homes