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Small Loans, Big Dreams: How Nobel Prize Winner Muhammad Yunus and Microfinance |  |
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Small Loans, Big Dreams: How Nobel Prize Winner Muhammad Yunus and Microfinance | |
Alex Counts is President and CEO of the Grameen Foundation, a nonprofit, Washington, D.C.–based organization that has grown from modest beginnings in 1997 to become a global network of forty–six microfinance partners in twenty–four countries. Under his leadership, the Grameen Foundation impacts an estimated eighteen million lives in Asia, Africa, the Americas, and the Arab World. Counts trained to be a catalyst for change under Dr. Muhammad Yunus, the founder and Managing Director of the Grameen Bank and corecipient of the 2006 Nobel Peace Prize.
Praise for Small Loans, Big Dreams
"I was enthralled to see the difference a few dollars loaned with no collateral in Bangladesh could benefit and change Chicago's poorest of the poor. I learned how pennies defeated myths about the poor. This book will renew your belief in the American dream and show that there can be economic liberty and justice for all—here AND abroad! This story must be told and retold—and then updated again as the successes pour in. Please keep fast-forwarding!"
—MIKE ENZI, U.S. Senator, Wyoming
"Counts moves past facts and figures to show the human side—and human cost — of poverty. By focusing on the experiences of individual women, Counts demonstrates the power of microfinance to bring opportunity where it otherwise would not exist, and ultimately transform people's lives. I am pleased to be able to support Grameen, as I believe its important work addresses one of the critical issues of our time."
—Pierre Omidyar, founder and Chairman, eBay, cofounder and founding partner, Omidyar Network
"Microfinance is the most effective and noble tool for combating poverty. It builds on the strengths rather than the perceived weaknesses of poor communities. In this memorable book, Alex Counts tells of working with Nobel Prize winner Muhammad Yunus, the pioneer of the movement, and he illustrates his analysis with fascinating and inspiring tales of how the process has worked."
—WALTER ISAACSON, President, The Aspen Institute
"In Small Loans, Big Dreams, Alex Counts humanizes, through deft storytelling and solid analysis, the borrowers as well as the leaders of the microfinance movement. The 2006 Nobel Peace Prize broadened the awareness of microfinance and Grameen. This book deepens ones understanding of this emerging industry, and lets the reader see that it is about not just transactions, but transformations—of people and of entire economies."
—PAUL MARITZ, former senior vice president, Microsoft Corporation
"Small Loans, Big Dreams provides a powerful and poignant glimpse into the real world of microfinance. From the well-told stories, we learn that the success of Grameen and microfinance is not just having innovative business models nor good intentions. Rather, it is organizations' and people's willingness and ability to touch the lives of individuals—to hear their stories, to understand their needs and aspirations, and to provide them with an opportunity to improve their own livelihood that makes the Grameen model and similar programs such a successful poverty-alleviation tool."
—MARGE MAGNER, founder and Managing partner, Brysam Global Partners
"At a time when 'change' is the watchword, here is a story of the devotion and tenacity it takes to turn a powerful idea into a powerful reality."
—JANET McKINLEY, retired chair, The Income Fund of America, Inc.
