Small Loans, Big Dreams


Book Description

Microfinancing is considered one of the most effective strategies in the fight against global poverty. And now, in Small Loans, Big Changes, author Alex Counts reveals how Nobel Prize Winner Muhammad Yunus revolutionized global antipoverty efforts through the development of this approach. This book presents compelling stories of women benefiting from Yunus’s microcredit in rural Bangladesh and urban Chicago, and recounts the experiences of different borrowers in each country, interspersing them with stories of Yunus, his colleagues, and their counterparts in Chicago.




Give Us Credit


Book Description

When Muhammad Yunus returned to his native Bangladesh 25 years ago with an American doctorate in economics, he set out to try and combat the entrenched poverty there. By 1995, his Grameen Bank had made loans totaling $500 million to two million borrowers, mostly women. In spite of the fact that these borrowers were the poorest of the poor, Grameen has had a near-perfect repayment rate.




Small Loans, Big Dreams, 2022 Edition


Book Description

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.




Banker To The Poor


Book Description

The inspirational story of how Nobel Prize winner Muhammad Yunus invented microcredit, founded the Grameen Bank, and transformed the fortunes of millions of poor people around the world. Muhammad Yunus was a professor of economics in Bangladesh, who realized that the most impoverished members of his community were systematically neglected by the banking system -- no one would loan them any money. Yunus conceived of a new form of banking -- microcredit -- that would offer very small loans to the poorest people without collateral, and teach them how to manage and use their loans to create successful small businesses. He founded Grameen Bank based on the belief that credit is a basic human right, not the privilege of a fortunate few, and it now provides $24 billion of micro-loans to more than nine million families. Ninety-seven percent of its clients are women, and repayment rates are over 90 percent. Outside of Bangladesh, micro-lending programs inspired by Grameen have blossomed, and serve hundreds of millions of people around the world. The definitive history of micro-credit direct from the man that conceived of it, Banker to the Poor is the moving story of someone who dreamed of changing the world -- and did.




When in Doubt, Ask for More


Book Description

Leading a nonprofit organization is challenging, stressful work-yet it can also be richly rewarding. Alex Counts offer 214 nuggets of wisdom that cover the toughest challenges nonprofit leaders face. Counts's sage advice can help them get through the day while making a greater impact on the world they seek to serve.




The Future of Microfinance


Book Description

A major source of financing for the poor and no longer a niche industry Over the past four decades, microfinance—the provision of loans, savings, and insurance to small businesses and entrepreneurs shut out of traditional capital markets—has grown from a niche service in Bangladesh and a few other countries to a significant global source of financing. Some 200 million people globally now receive support from microfinance institutions, with most of the recipients in the developing world. In the beginning, much of the microfinance industry was managed by non-governmental organizations, but today the majority of these institutions are commercial and regulated by governments, and they provide safe places for the poor to save, as well as offering much-needed capital and other financial services. Now out of infancy, the microfinance industry faces major challenges, including its ability to deal with mobile banking and other technology and concerns that some markets are now over-saturated with microfinance. How the industry deals with these and other challenges will determine whether it will continue to grow or will be subsumed within the larger global financial sector. This book is based on the results of a workshop at Lehigh University among thirty-four leaders in the industry. The editors, working with contributions from more than a dozen leading authorities in the field, tell the important story of how microfinance developed, how it has met the needs of hundreds of millions of people, and they address key questions about how it can continue to meet those needs in the future.




Changing the World Without Losing Your Mind


Book Description

Some people are dreamers. They choose a career shaped by dreams of making the world a better place--caring for kids, lifting up the poor, protecting the planet. When your dreams are that powerful, it's easy to neglect yourself. Both lives and dreams can suffer the consequences. If you're one of the dreamers, this is the book for you. Changing the World Without Losing Your Mind is a down-to-earth guide to mission-driven leadership. Drawing on his decades of experience as an acclaimed nonprofit leader, Alex Counts offers practical advice on such vital activities as fundraising, team-building, communications, and management. He shows you how to run an organization--and your own life--both effectively and sustainably, giving joyfully to those around you while also caring generously for yourself. Candid, funny, insightful, and wise, Changing the World Without Losing Your Mind is a book you'll refer to throughout your career . . . no matter where your dreams may lead you.




The International Bank of Bob


Book Description

Explains how the author was compelled to help the world's working poor, describing how he discovered the Kiva.org micro-loan portal and his visits to world regions where the organization's loans have enabled people and small businesses to revitalize.




Building Wealth One House at a Time: Making it Big on Little Deals


Book Description

Strategies for creating real estate wealth by star ting small--and always making the right moves Nationally known real estate expert John Schaub learned his craft in the best way possible--on the job, and through every kind of market. Over three decades, he learned to bank consistent profits as he built an impressive real estate mini-empire. Building Wealth One House at a Time reveals how virtually anyone can accumulate one million dollars worth of houses debtfree and earn a steady cash flow for life. Unique in that it focuses on buying houses in good-quality neighborhoods, Schaub's nine-step program includes: Renting to long-term tenants, with financial incentives to pay on time Avoiding the temptation of bigger deals, which invariably include bigger problems A 10-year plan to pay off debt and own houses free and clear




Dream Big, Think Small


Book Description

How do you build a life of significance? As pastor and writer Jeff Manion shares in Dream Big, Think Small, truly great lives are built on the foundation of a holy redundancy--a persistence and determination to move faithfully in the right direction. Dream Big, Think Small will provide: The plan for extraordinary living for ordinary life. Big dreams are achievable through steady progress over time. The motivation you need to stick with it for the long haul. The tools necessary for passionate longevity. You can faithfully lead, serve and love others over a lifetime without sacrificing your passion. So many believers want their lives to count, but they are impatient with the slow pace at which goodness grows. Many of us struggle to embrace the faithfulness required to show up day after day after day. In Dream Big, Think Small Manion helps to reveal the joy in the small, seemingly inconsequential actions you take every day. Ultimately, you will learn how small persistent steps lead to tremendous and lasting results. Filled with Manion's trademark inspiring stories and insightful biblical teaching, Dream Big, Think Small challenges you to explore the spiritual prescription of steady faithfulness. Following the principles of perseverance, intentionality, and discipline outlined in this book, you will see lasting and astonishing results in your spiritual health, within your marriage and family, in the quality of your work, and in a more authentic ability to honor God with your life.