Small Loans, Big Dreams, 2022 Edition (eBook)

Grameen Bank and the Microfinance Revolution in Bangladesh, America, and Beyond

Alex Counts (Autor)

eBook Download: EPUB

2022
521 Seiten
Rivertowns Books (Verlag)
978-1-953943-20-0 (ISBN)

Infos

Microfinance-providing low-interest loans and other financial services to help the poorest people lift themselves out of poverty-was pioneered by the Grameen Bank in Bangladesh. In 2006, the bank and its founder, Muhammad Yunus, were jointly awarded the Nobel Peace Prize, and microfinance has since gone on to serve over 100 million people-mostly women-on five continents.

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

Inhalt

Foreword to the 2008 Edition by Muhammad Yunus

Introduction to the 2022 Edition

1. Muhammad Yunus-From Vanderbilt to Chittagong

2. The Birth of the Grameen Bank

3. Zianpur Bazaar

4. Les Papillons

5. Amena Begum's Dream

6. Omiyale DuPart

7. The Haldar Para

8. The Maxwell Street Market

9. Krishna Das Bala

10. The Hip Hop Shop

11. Dry Money in a Monsoon

12. The Black on Black Love Festival

13. The Sixteen Decisions

14. "We're Here for You"

Epilogue

Afterword: Muhammad Yunus and the Monsoon Revolution of 2024

Acknowledgments

Appendix: The Sixteen Decisions

Source Notes

Index

About the Author

Produkt-Details

• Erscheint lt. Verlag: 11.10.2022
• Sprache: englisch
• Themenwelt: Sozialwissenschaften ► Pädagogik ► Sozialpädagogik
• Themenwelt: Sozialwissenschaften ► Soziologie
• Schlagworte: Bangladesh • Chicago • Economic Development • Grameen Bank • Inequality • inner city • Microfinance • microlending • Muhammad Yunus • Poverty • women's empowerment
• ISBN-10: 1-953943-20-9 / 1953943209
• ISBN-13: 978-1-953943-20-0 / 9781953943200