Small Loans, Big Dreams
Muhammad Yunus, Grameen Bank and The Global Microfinance Revolution
Book Info
Small Loans, Big Dreams is the classic account of the origins and development of microfinance in Bangladesh by Dr. Muhammad Yunus and the Grameen Bank. Alex Counts, a protegé of Yunus and founder of the Grameen Foundation, paints vivid portraits of the determined women he came to know whose lives have been transformed by the opportunity to launch a small business, first in the countryside of Bangladesh, then in downtown Chicago, where an experimental project brought the micro nance method to America. In this new edition, Counts traces the history of microfinance, exploring the ways Grameen Bank has evolved in response to challenges from economic downturns to environmental crises. He responds to critics who have questioned the value of the Grameen model and describes the lasting legacy of Yunus’s remarkable vision. Small Loans, Big Dreams shows how microfinance can play a critical role in reducing the scourge of inequality by enabling underprivileged people to participate creatively in the global economy.
Alex Counts
Alex Counts is an independent consultant to nonpro t organizations (including the India Philanthropy Alliance), was an a liated faculty of the Do Good Institute at the University of Maryland’s School of Public Policy from 2017-2021. In 1997, he established Grameen Foundation with the support of Nobel laureate Dr. Muhammad Yunus and became its President and CEO. Counts served as the legislative director of RESULTS and as a regional project manager for CARE-Bangladesh. He served the American India Foundation in 2016-2017 as the President and CEO. While at Cornell University, Counts received the John F. Kennedy Memorial Award. He was a founding member of the Advisory Council of the Center for Financial Inclusion and has also served Fonkoze USA as
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