Thursday, May 12, 2016

May Book of the Month: Founding a Movement by Michaela Walsh

In celebration of all of those graduating all across the country this month, Cosimo's Book of the Month for May is Founding a Movement: Women's World Banking, 1975-1990, a detailed history of the first global women's microfinance organizations, run by women, for women. Its history is told by founder Michaela Walsh, who was president and CEO of the company from its inception at 1975 until 1990. Chock full of interviews from the organization's first board members and participants, it follows the difficult path WWB took to recognize its dream and make small businesses a reality for so many women around the world.

Founding a Movement shows how hard work and perseverance, not to mention a helping hand from fellow entrepreneurs and business owners, can help anyone take control of their economic destinies. In the words of Michaela Walsh, this book "shines a light on the value that women contribute through work, and when they support one another, to become full participants in the economy through access to financial institutions and services, and everything that goes with that access."

The book has received numerous praises from key business leaders, economists, and international icons. You can read more about it in the official press release, or on the author's website at
"The power of women teaching one another is profound. Women's World Banking was one of the first movements to realize and trust this truth at a global scale. This is what made it a transforming movement."
-The Honorable Ellen Johnson Sirleaf, president of Liberia and Nobel Laureate
"At last, the full inside story of the founding mothers of microfinance... by one of its key leaders! Indispensable reading!"
-Hazel Henderson, president of Ethical Markets Media and Creator of the Green Transition Scoreboard
"Women's access to finance, including microcredit, is crucial. Michaela Walsh and Women's World Banking have broken new ground. Those who wish to follow in their footsteps should read this story."
-Jan Pronk, former Minister for International Development Cooperation of the Netherlands
About the Author
Michaela Walsh is an activist, scholar, mentor, educator, and author. She has been a pioneer female manager for Merrill Lynch, the first female partner at Boettcher, and the founding president of Women's World Banking. She has taught at Manhattanville College, served on the Boards of several institutions, and was the chairperson of the 59th United Nations DPI/NGO Conference in 2006.She has received numerous awards,including in honor an honor in 2012 from Women's Funding Network for changing the face of philanthropy.

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