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    Small Change: How Fifty Dollars Can Change the World
    Small Change: How Fifty Dollars Can Change the World
    Small Change: How Fifty Dollars Can Change the World
    Ebook137 pages2 hours

    Small Change: How Fifty Dollars Can Change the World

    By Juriaan Kamp

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    About this ebook

    Help people help themselves: That's the idea behind microcredit. Small loans-sometimes no more than $50-can radically improve the life of a poor family. Where development aid and billion-dollar loans fail, microcredit is emerging as the success story in the battle against world poverty. People who were previously considered "unbankable" no longer have to look to loan sharks for funding. With microcredit, they can become owners of small businesses. And it turns out they nearly always repay their loans on time. In many countries, professional organizations have become active in the field of microfinancing. To research this book, Kamp traveled to Kenya, Uganda, Bolivia and India to speak with the people who grant microcredit and those who receive it. Their stories make it clear that microcredit is a tremendous stimulus for economic and social development and, in particular, for people's self-awareness.
    LanguageEnglish
    PublisherCosimo Books
    Release dateMay 1, 2006
    ISBN9781616406011
    Small Change: How Fifty Dollars Can Change the World
    Author

    Juriaan Kamp

    Jurriaan Kamp is the former chief economics editor of NRC Handelsblad, a prominent Dutch newspaper, and is the founder and editor of the magazine Ode.

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      Book preview

      Small Change - Juriaan Kamp

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