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| | Location: Home » Loans » Policy & Current Events » A Billion Bootstraps: Microcredit, Barefoot Banking, and The Business Solution for Ending Poverty | October 13, 2008 |
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| A Billion Bootstraps: Microcredit, Barefoot Banking, and The Business Solution for Ending Poverty | 
 enlarge | Authors: Philip Smith, Eric Thurman
Publisher: McGraw-Hill
Category: Book
List Price: $24.95
Buy New: $8.18
You Save: $16.77 (67%)
Buy New/Used/Collectible from $2.96
Avg. Customer Rating:  (15 reviews)
Sales Rank: 85877
Languages: English (Original Language), English (Unknown), English (Published)
Media: Hardcover
Edition: 1
Number Of Items: 1
Pages: 224
Shipping Weight (lbs): 1.1
Dimensions (in): 9.1 x 6.3 x 0.9
ISBN: 0071489975
Dewey Decimal Number: 338.91
EAN: 9780071489973
ASIN: 0071489975
Publication Date: February 7, 2007
Availability: Usually ships in 1-2 business days
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| Customer Reviews:
 Its an overview of what microcredit is but not how to start one September 19, 2007
4 out of 5 found this review helpful
This is a good book in explaining what microcredit is and how to get involved, but not how to run a microcredit organization.
I preferred Mohammed Yunus (the noble prize winner) autobiography to this book it gave a better summary of what it is and explains how microcredit can work in the rural and inner city US which a Billion Bootstraps doubts can happen. In Yunus' book he demonstrates how microcredit has worked programs in urban Chicago and rural Arkansas.
 Excellent introduction to Microfinance August 26, 2007
1 out of 1 found this review helpful
The book explains well the business model of microfinance, what works and what not. It provides a very good insight into this industry. The author has obviously broad experience.
Required Reading for Those Who Seek to End Poverty May 27, 2007
2 out of 2 found this review helpful
A Billion Bootstraps is potentially a world changing book. It describes the most effective way to end poverty that I've ever heard about. I had heard about micro loans -- before but didn't know how it worked or how powerful it can truly be. Many misguided people believe that giving people things is the answer to poverty, and sadly, that is rarely the case. Intuitively many of us have also realized this but never had a better way, never had an answer. Here's the answer and it's told and explained in a straigt forward and compelling way. I particulary enjoyed the stories of the lives that have been changed by micro loans, truly inspiring. My hat is off to Phil Smith and Eric Thurman for the fine work they have done in spreading the good word about the creative business solution to poverty. This is creative problem solving at it's finest. For more about creative problem solving, see: Jack's Notebook: A business novel about creative problem solving
enlightening read April 15, 2007
1 out of 1 found this review helpful
A Billion Bootstraps changed the way I view charitable giving. Now instead of "giving to a charity," I am "investing in changing lives." What's more, I've learned to look for and expect accountability from the organizations which receive my money. Microcredit, which once seemed an esoteric concept, is now accessible to those of us who don't have business or economics degrees, thanks to Philip Smith and Eric Thurman. I highly recommend this book to anyone who wants to intelligently invest in changing lives of the poorest of the poor.
Top shelf March 21, 2007
2 out of 2 found this review helpful
Easily one of the most important books I've ever read. I hope this work is nominated for national book awards--or something greater--it richly deserves our (and our leaders') immediate attention. Smith and Thurman not only offer an alternative strategy for philanthropy, but also a proven blueprint of economic success, for the poorest families in the world, under the direst of circumstances, based on the concept of "sweat equity" and the most human of instincts--the will to survive, and ultimately, to flourish. "A Billion Bootstraps"--a must read.
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