DHAKA, June 29, 2025 (BSS)- Launching ceremony of a book on “Small Loans, Big Dreams: Muhammad Yunus, Grameen Bank and The Global Microfinance Revolution” will be held tomorrow at the RH Home Center, head office of University Press Limited in the capital’s Green Road area.

Former board member of PKSF and Chairperson of Manusher Jonno Foundation Parveen Mahmud, Managing Director of Palli Karma-Sahayak Foundation (PKSF) Md. Fazlul Quader, Managing Director of Grameen Bank, Bangladesh Sardar Akhter Hamid and the author of the book Alex Counts will be present as speakers at the book launch ceremony.

Managing Director of Innovation Consulting Md. Rubaiyat Sarwar would conduct the ceremony, said a press release today. 

The book is a unique account of the birth and development of microfinance in Bangladesh under the leadership of Dr Muhammad Yunus and Grameen Bank.

Its author, Alex Counts, founder of Grameen Foundation, USA, explores the history of microfinance and discusses how Grameen Bank has changed its methods in the wake of economic recession and environmental disaster.

In addition to answering various questions from critics about the value and significance of the Grameen model, he also describes the long-term legacy of Dr Yunus' extraordinary vision in the book.

In this book, the author presents vivid anecdotes from the lives of several women in remote villages of Bangladesh and the suburbs of Chicago. All of them were able to change their fate by setting up small businesses on their own initiative because they had the opportunity to receive microfinance.

This project in Chicago was a pilot project of the Grameen model in the United States. He also highlighted how the rural system spread to America.