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Recommended Books

A Billion Bootstraps: Microcredit, Barefoot Banking and the Business Solution for Ending Poverty by Philip Smith and Eric Thurman (Hardcover, McGraw Hill, 2007)

This is a plea for those interested in alleviating poverty to consider “investing” in MF rather than donating money.

Banker to the Poor: Micro-lending and the Battle Against World Poverty
by Muhammad Yunus (Paperback,  Public Affairs at Perseus Book Group, 2003)

An historical account of the beginnings of the Grameen Bank and how micro-financing works by the fellow who started it all.

Creating a World Without Poverty – Social Business and the Future of Capitalism
by Muhammad Yunus (Hardcover, Public Affairs Perseus Book Group, 2008)

This discusses the Grameen Bank history but also argues that MF is a “social business” which combines the best of “for-profit” and “non-profit” organizations.

Economics of Microfinance by Beatriz Armend Airiz and Jonathan Morduch
(Paperback, MIT Press, 2007)  This is a book on the finer points and the economic analysis of micro financing.
This is a simple book designed for parents to teach their kids about how small things can make a big difference in the world.

Small Loans, Big Dream: How Nobel Prize Winner Muhammad Yunus and Microfinance are Changing the World by Alex Counts ( Hardcover, John Wiley & Sons, 2008)
This book has a wonderful collection of stories of women who have been successful using micro financing to fulfill their dreams.

Transforming Microfinance Institutions: Providing Full Financial Services to the Poor by Victoria White Joanna Ledgerwood (Paperback, World Bank, 2006)
Written by practitioners in the field, this gives a first hand look at how MF works.

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