Billion Bootstraps: Microcredit, Barefoot Bankingnd the Business Solution for Ending Poverty Phil Smith

ISBN: 9781281030184

Published: January 10th 2010

ebook

224 pages


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Billion Bootstraps: Microcredit, Barefoot Bankingnd the Business Solution for Ending Poverty  by  Phil Smith

Billion Bootstraps: Microcredit, Barefoot Bankingnd the Business Solution for Ending Poverty by Phil Smith
January 10th 2010 | ebook | PDF, EPUB, FB2, DjVu, talking book, mp3, RTF | 224 pages | ISBN: 9781281030184 | 6.74 Mb

A bold manifesto by two business leaders, A Billion Bootstraps shows why microcredit is the worlds most powerful poverty-fighting movement-and an unbeatable investment for your charitable donations.A Billion Bootstraps unearths the roots of theMoreA bold manifesto by two business leaders, A Billion Bootstraps shows why microcredit is the worlds 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.

Youll 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.



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