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Micro Meltdown The Inside Story Of The Rise Fall And Resurgence Of The Worlds Most Valuable Microlender
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Book Synopsis Micro-Meltdown: The Inside Story of the Rise, Fall, and Resurgence of the World's Most Valuable Microlender by : Vikram Akula
Download or read book Micro-Meltdown: The Inside Story of the Rise, Fall, and Resurgence of the World's Most Valuable Microlender written by Vikram Akula and published by Harper Collins. This book was released on 2018-06-25 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vikram Akula founded SKS Microfinance with a clear mission: improve the lives of poor people in India by providing small loans. These small loans, used to start or expand businesses and generate earnings, were a proven path out of poverty for tens of thousands around the world. Vikram wasn't the first person to bring microfinance to India, but his idea was to do it on a much larger scale, for millions. He would do this by making SKS Microfinance a unique for-profit institution. SKS flourished, distributing billions of dollars in loans. The company was applauded for blending philanthropy and capitalism, and Akula appeared on the covers of the Wall Street Journal and TIME magazine as one of the most influential people in the world. But just as he thought he was making a difference, a storm was brewing. In 2010, a fierce political backlash in India created an implosion. Politicians began attacking microfinance and telling those living in poverty not to repay loans. Soon, SKS had to write off $280 million in loans and lay off 10,000 employees. For decades, microfinance had been heralded as a key solution to global poverty, but, nearly overnight, it came to be viewed as a villain. One of the most exciting recent developments is the rise of new businesses and entrepreneurs committed to social good. Social enterprises have the potential to transform societies, but there are risks as well as benefits. Micro-Meltdown is the story of SKS's tremendous success, the oversights that led to disaster, the eventual resurgence, and the lessons learned. It is essential reading for any would-be entrepreneur who wants to change the world for the better. It offers an insider's account of both the keys to success and the risks that must be managed.
Download or read book Micro-Meltdown written by and published by . This book was released on 2019-11-20 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Fistful of Rice written by Vikram Akula and published by Harvard Business Press. This book was released on 2010-11-09 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Around the globe, poverty has held too many people in its grip for too long. While microfinance - small loans to impoverished individuals - initially attracted attention in the press, it didn't achieve the scale, scope, and profitability necessary to substantially combat poverty. All that changed with Vikram Akula's creation of SKS Microfinance. In this highly personal narrative, A Fistful of Rice, Akula reveals how he pieced together the best of both philanthropy and (to his surprise) capitalism to help millions of India's poor transition from paupers to customers to business owners. As thoughtful as Barack Obama's personal journey in Dreams from My Father, as harrowing as Paul Farmer's battle against infectious disease in Mountains Beyond Mountains, and as gripping as Greg Mortensen's fight for education in Three Cups of Tea, Akula's story shows how traditional business principles can be brought to bear on global problems in new ways. A Fistful of Rice offers not only inspiration but also lessons for anyone seeking to transform tenacity, creativity, and innovation into potent tools for fighting even the most seemingly intractable human burdens.
Book Synopsis The Homebrew Industrial Revolution by : Kevin A. Carson
Download or read book The Homebrew Industrial Revolution written by Kevin A. Carson and published by Booksurge Publishing. This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A history of the rise and fall of Sloanist mass production, and a survey of the new economy emerging from the ruins: networked local manufacturing, garage industry, household microenterprises and resilient local economies.
Book Synopsis The Day After Tomorrow by : Otaviano Canuto
Download or read book The Day After Tomorrow written by Otaviano Canuto and published by World Bank Publications. This book was released on 2010-09-27 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a vision of how economic policy will evolve in developing countries over the next three-to-five years, delivered by renown practitioners working at the world's leading development institution.
Download or read book Locavesting written by Amy Cortese and published by John Wiley & Sons. This book was released on 2011-05-04 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: How individuals and communities can profit from local investing In the wake of the financial crisis, investors are faced with a stark choice: entrust their hard-earned dollars to the Wall Street casino, or settle for anemic interest rates on savings, bonds, and CDs. Meanwhile, small businesses are being starved for the credit and capital they need to grow. There's got to be a better way. In Locavesting: The Revolution in Local Investing and How to Profit from It, Amy Cortese takes us inside the local investing movement, where solutions to some of the nation's most pressing problems are taking shape. The idea is that, by investing in local businesses, rather than faceless conglomerates, investors can earn profits while building healthy, self-reliant communities. Introduces you to the ideas and pioneers behind the local investing movement Profiles the people and communities who are putting their money to work in their own backyards and taking control of their destinies Explores innovative investment strategies, from community capital and crowdfunding to local stock exchanges With confidence in Wall Street and the government badly shaken, Americans are looking for alternatives. Local investing offers a way to rebuild our nest eggs, communities, and, just perhaps, our country.
Book Synopsis The Microfinance Revolution by : Marguerite S. Robinson
Download or read book The Microfinance Revolution written by Marguerite S. Robinson and published by World Bank Publications. This book was released on 2001 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: ??? ... Microfinance is the method whereby financial services and credit is made available to the economically active but low income people of developiong countries. This book focusses on three key aspects of the phenomenon: 1) the shift from government- and donor-subsidized credit delivery systems to self-sufficient, sustainable microfinance institutions; 2) the results on the ground, on the way in which microfinance is helps people expand and diversify their enterprises, increase their incomes, raise their living standards and those of theri families, and boost their self-confidence; 3) the theroretical frameworks that had previously impeded the microfinance revolution, with suggestions for their improvement.
Book Synopsis Communists Constructing Capitalism by : Julian Gruin
Download or read book Communists Constructing Capitalism written by Julian Gruin and published by Alternative Sinology. This book was released on 2019-06-28 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why has China's 'transition' to a market economy not catalysed corresponding political transformation? In an era of deepening synergy between authoritarian politics and capitalist economics, this book offers a novel perspective on this central dilemma of contemporary Chinese development, shedding light on how the Chinese Communist Party achieved rapid economic growth while preserving political stability. Drawing on extensive fieldwork and over sixty interviews with policymakers, bankers and former party and state officials, the book delves into the role of China's state-owned banking system since 1989, showing how political control over capital has been central to the country's experience of capitalist development. It challenges existing state-market paradigms of political economy and reveals the Eurocentric assumptions underpinning liberal perspectives towards Chinese authoritarian resilience.
Download or read book Zimbabwe's Plunge written by Patrick Bond and published by . This book was released on 2003 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This timely and provocative book provides a masterful analysis of the crisis of neoliberalism and the challenges of Zimbabwe. A must-read for all those interested in Zimbabwe's Plunge and the possibilities for the future.' - Tandeka C. Nkiwane, Smith College.
Book Synopsis The Sharing Economy in Europe by : Vida Česnuitytė
Download or read book The Sharing Economy in Europe written by Vida Česnuitytė and published by Springer Nature. This book was released on 2022-01-21 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book considers the development of the sharing and collaborative economy with a European focus, mapping across economic sectors, and country-specific case studies. It looks at the roles the sharing economy plays in sharing and redistribution of goods and services across the population in order to maximise their functionality, monetary exchange, and other aspects important to societies. It also looks at the place of the sharing economy among various policies and how the contexts of public policies, legislation, digital platforms, and other infrastructure interrelate with the development and function of the sharing economy. The book will help in understanding the future (sharing) economy models as well as to contribute in solving questions of better access to resources and sustainable innovation in the context of degrowth and growing inequalities within and between societies. It will also provide a useful source for solutions to the big challenges of our times such as climate change, the loss of biodiversity, and recently the coronavirus disease pandemic (COVID-19). This book will be of interest to academics and students in economics and business, organisational studies, sociology, media and communication and computer science.
Book Synopsis Social Enterprise Law by : Dana Brakman Reiser
Download or read book Social Enterprise Law written by Dana Brakman Reiser and published by Oxford University Press. This book was released on 2017-09-05 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social enterprises represent a new kind of venture, dedicated to pursuing profits for owners and benefits for society. Social Enterprise Law provides tools that will allow them to raise the capital they need to flourish. Social Enterprise Law weaves innovation in contract and corporate governance into powerful protections against insiders sacrificing goals such as environmental sustainability in the pursuit of short-term profits. Creating a stable balance between financial returns and public benefits will allow social entrepreneurs to team up with impact investors that share their vision of a double bottom line. Brakman Reiser and Dean show how novel legal technologies can allow social enterprises to access capital markets, including unconventional sources such as crowdfunding. With its straightforward insights into complex areas of the law, the book shows how a social mission can even be shielded from the turbulence of an acquisition or bankruptcy. It also shows why, as the metrics available to measure the impact of social missions on individuals and communities become more sophisticated, such legal innovations will continue to become more robust. By providing a comprehensive survey of the U.S. laws and a bold vision for how legal institutions across the globe could be reformed, this book offers new insights and approaches to help social enterprises raise the capital they need to flourish. It offers a rich guide for students, entrepreneurs, investors, and practitioners.
Book Synopsis Business and Society by : Debbie M. Thorne
Download or read book Business and Society written by Debbie M. Thorne and published by . This book was released on 2007-10 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Microfinance Revolution: Sustainable finance for the poor by : Marguerite S. Robinson
Download or read book The Microfinance Revolution: Sustainable finance for the poor written by Marguerite S. Robinson and published by World Bank Publications. This book was released on 2001 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microfinance is the method whereby financial services and credit is made available to the economically active but low income people of developiong countries. This book focusses on three key aspects of the phenomenon: 1) the shift from government- and donor-subsidized credit delivery systems to self-sufficient, sustainable microfinance institutions; 2) the results on the ground, on the way in which microfinance is helps people expand and diversify their enterprises, increase their incomes, raise their living standards and those of theri families, and boost their self-confidence; 3) the theroretical frameworks that had previously impeded the microfinance revolution, with suggestions for their improvement.
Book Synopsis The Struggle And The Promise by : Naushad Forbes
Download or read book The Struggle And The Promise written by Naushad Forbes and published by Harper Collins. This book was released on 2022-01-28 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'What is India's future? I deeply believe in India's promise, in our potential for great achievement. I am also old enough to appreciate our ability to snatch failure from the jaws of success.' THE PROMISE: Our diverse culture has something for everyone. Our young population is thirsty for education and achievement. And a strong private sector is our engine of growth. We can lead the world in the future. THE STRUGGLE: We struggle to create a business-friendly environment. We lag in innovation. Education, public health and quality of jobs demand attention. Our governments control some things too much and neglect others. How can the government, citizens and firms turn our struggle into promise and enable India to lead? How can we fix things by learning from best practices elsewhere? How can we ensure openness, inclusivity and innovation? How can independent institutions make up for low state capacity? How can our culture deliver leadership? In The Struggle and the Promise, Naushad Forbes answers these and other critical questions concerning India's progress. He provides a logical, actionable blueprint for getting the balance right between industry, institutions and policy. Backed by rigorous research and copious data, here's a book that shows how to fulfil India's potential.
Book Synopsis Information Systems by : John Gallaugher
Download or read book Information Systems written by John Gallaugher and published by . This book was released on 2016 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Business and Society by : Anne T. Lawrence
Download or read book Business and Society written by Anne T. Lawrence and published by McGraw-Hill College. This book was released on 2004-04-01 with total page 535 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business and Society: Stakeholder Relations, Ethics and Public Policy by Lawrence/Weber/Post, has continued through several successive author teams to be the market-leader in its field. For over thirty years, Business and Society has been updated and reinvented in response to society’s relationship to business. Business and Society, 11e highlights why government regulation is sometimes required as well as new models of business-community collaboration. Business and Society, 11e is a book with a point of view. Lawrence, Weber and Post believe that businesses have social (as well as economic) responsibilities to society; that business and government both have important roles to play in the modern economy; and that ethics and integrity are essential to personal fulfillment and to business success. The book is designed to be easily modularized; an instructor who wishes to focus on a particular portion of the material may select individual chapters or cases to be packaged in a Primis custom product.
Download or read book Gujarmal Modi written by Sonu Bhasin and published by Harper Collins. This book was released on 2022-02-10 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: The year was 1932, and a young man had just been banished from the state of Patiala. His crime? He had refused a glass of wine in the celebratory party at the Patiala Palace. It had not mattered to the maharaja that the man was a teetotaller. The ban proved to be a boon as the thirty-year-old left Patiala and created one of the largest business empires in India. Looking for a new location to set up his factory, Gujarmal zeroed in on a sleepy village, Begumabad, on the outskirts of Delhi. It is here that the seeds of the Modi Group were sown. Starting with a sugar mill, he established a conglomerate with businesses including tyres, textiles, copy machines, cigarettes, pharmaceuticals, oil and steel, to name a few. This is the story of a resolute, ambitious young man who saw adversity as an opportunity and went on to create history. In the process, he set up some of the finest factories, created an industrial town that was way ahead of its time, generated large-scale employment and gave Indian manufacturing new wings. Gujarmal's ten per cent allocation from earnings towards social responsibility, long before it became a corporate buzzword, and human resource initiatives became benchmarks in the history of Indian business. A treasure trove of learnings for modern-day entrepreneurs, this book celebrates the man and his vision, grit, determination and spirit of entrepreneurship.