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A Billion Bootstraps makes a compelling case for microcredit as a powerful and sustainable method for alleviating global poverty. Phil Smith (a philanthropist) and Eric Thurman (microcredit consultant) explain how “barefoot bankers” offer small loans to impoverished entrepreneurs, enabling them to start businesses, repay their loans, and reinvest to help others. Rather than relying on charity, the authors argue for applying investment thinking to charitable giving — calculating measurable returns on donations so each dollar has maximum impact. They also analyze the limitations of traditional aid programs and propose microcredit as a scalable, efficient solution that empowers individuals while strengthening local economies.

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245: $a: A Billion Bootstraps: Microcredit, Barefoot Banking, and the Business Solution for Ending Poverty
245: $b:
082: $a:
100: $a: Phil Smith & Eric Thurman
650: $a: Microfinance
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440: $v:
250: $b: Mc Graw Hill
250: $c: 2007
020: $a: 978-0-07-1489973
300: $a: 224