Financializing Poverty

Download or Read eBook Financializing Poverty PDF written by Sohini Kar and published by South Asia in Motion. This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle.
Financializing Poverty

Book Synopsis Financializing Poverty by : Sohini Kar

Introduction : enfolding the poor -- Entrepreneurship and work at the "bottom of the pyramid"--Social banking to financial inclusion -- The reluctant moneylender -- The domestication of microfinance -- Financial risk and the moral economy of credit -- Insured death, precarious life

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  • Publisher – South Asia in Motion
  • Total Pages – 0
  • Release –
  • ISBN-10 – 1503604845
  • ISBN-13 – 9781503604841

Making Women Pay

Download or Read eBook Making Women Pay PDF written by Smitha Radhakrishnan and published by Duke University Press. This book was released on 2021-10-25 with total page 160 pages. Available in PDF, EPUB and Kindle.
Making Women Pay

Book Synopsis Making Women Pay by : Smitha Radhakrishnan

In Making Women Pay, Smitha Radhakrishnan explores India's microfinance industry, which in the past two decades has come to saturate the everyday lives of women in the name of state-led efforts to promote financial inclusion and women's empowerment. Despite this favorable language, Radhakrishnan argues, microfinance in India does not provide a market-oriented development intervention, even though it may appear to help women borrowers. Rather, this commercial industry seeks to extract the maximum value from its customers through exploitative relationships that benefit especially class-privileged men. Through ethnography, interviews, and historical analysis, Radhakrishnan demonstrates how the unpaid and underpaid labor of marginalized women borrowers ensures both profitability and symbolic legitimacy for microfinance institutions, their employees, and their leaders. In doing so, she centralizes gender in the study of microfinance, reveals why most microfinance programs target women, and explores the exploitative implications of this targeting.

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  • Publisher – Duke University Press
  • Total Pages – 160
  • Release –
  • ISBN-10 – 9781478022169
  • ISBN-13 – 1478022167

Sustainability of Indian Microfinance Institutions

Download or Read eBook Sustainability of Indian Microfinance Institutions PDF written by Nadiya Marakkath and published by Springer Science & Business Media. This book was released on 2013-10-23 with total page 166 pages. Available in PDF, EPUB and Kindle.
Sustainability of Indian Microfinance Institutions

Book Synopsis Sustainability of Indian Microfinance Institutions by : Nadiya Marakkath

Although 'doing good' is our innate nature, we often get lost in the complexities and view goodness as a distant dream. Making this dream of goodness a reality is often thwarted by thoughts surrounding sustainability. Thus, all good initiatives require a focus on sustainability and this has become one of greatest and most formidable challenges faced by any social enterprise. The book documents the understanding of the sustainability of one of the most celebrated forms of social enterprise of our times — Microfinance Institutions (MFIs) gained through a mixed-methods research investigation. It attempts to answer pertinent questions such as: What are the determinant and discriminating factors for the sustainability of MFIs in India? How are these factors being managed by the operationally efficient Indian MFIs that remained sustainable at reasonable interest rates before the onset of the crisis and ceilings imposition in Indian microfinance markets? What does the Indian microfinance crisis teach us about sustainability management and mismanagement? In a nutshell, the answers show that sustainability is a strategic issue that needs managerial attention and not a matter to be left to serendipity. At a time when the industry is recovering from the adverse effects of a crisis and when there are still contentions as to whether the rate fixed by the regulator is enough for the sustenance of the MFIs, the findings mentioned in the book revive the lost hope for the Indian microfinance industry. By deciphering the strategies used by efficient and sustainable MFIs and discussing the lessons that the crisis has imparted to the Indian microfinance markets, this book will enable Indian MFIs to march towards efficient and sustainable operations without losing focus on their clients.

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  • Publisher – Springer Science & Business Media
  • Total Pages – 166
  • Release –
  • ISBN-10 – 9788132216292
  • ISBN-13 – 8132216296

Indian Microfinance

Download or Read eBook Indian Microfinance PDF written by Prabhu Ghate and published by SAGE Publications Pvt. Limited. This book was released on 2007-10-09 with total page 232 pages. Available in PDF, EPUB and Kindle.
Indian Microfinance

Book Synopsis Indian Microfinance by : Prabhu Ghate

The microfinance sector in India has been growing rapidly in both scale and institutional diversity, making it the largest in the world. Indian Microfinance: The Challenges of Rapid Growth is a comprehensive account of various components of the Indian microfinance sector. It provides an overview of the main challenges facing the sector, the progress of its main delivery models, issues relating to the emerging microfinance services of microinsurance and money transfers, ongoing efforts in training and capacity building, opportunities facing commercial financiers such as bankers and social venture capitalists, and an account of ongoing research in the sector. Apart from containing extensive original material, the book synthesizes the findings of other recent studies and reports. It identifies various requirements for policy and regulatory change, a contribution which is particularly timely in view of the new microfinance bill being considered by the central government. The book takes note of the lessons from the conflict in 2006 between the state government of Andhra Pradesh and MFIs in the state, which is analyzed in a separate chapter. The main challenge facing the sector is identified as the need to enhance borrower, public and regulatory support and understanding, by increasing transparency in dealings with borrowers and by educating the public. Lucidly written, the book will serve as a reference document for various players in the sector including practitioners, bankers, insurance companies, venture capitalists, regulators, donors and policy makers, and for the development community generally. Given heightened interest in the sector with the Nobel Prize awarded to Muhammad Yunus and the Grameen Bank, it will also be of interest to academicians, media persons and the intelligent layman. Book jacket.

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  • Publisher – SAGE Publications Pvt. Limited
  • Total Pages – 232
  • Release –
  • ISBN-10 – STANFORD:36105124076873
  • ISBN-13 –

Financializing Poverty

Download or Read eBook Financializing Poverty PDF written by Sohini Kar and published by Stanford University Press. This book was released on 2018-07-10 with total page 351 pages. Available in PDF, EPUB and Kindle.
Financializing Poverty

Book Synopsis Financializing Poverty by : Sohini Kar

Microfinance is the business of giving small, collateral-free loans to poor borrowers that are paid back in frequent intervals with interest. While these for-profit microfinance institutions (MFIs) promise social and economic empowerment, they have mainly succeeded at enfolding the poor—especially women—into the vast circuits of global finance. Financializing Poverty ethnographically examines how the emergence of MFIs has allowed financial institutions in the city of Kolkata, India, to capitalize on the poverty of its residents. This book reveals how MFIs have restructured debt relationships in new ways. On the one hand, they have opened access to new streams of credit. However, as the network of finance increasingly incorporates the poor, the "inclusive" dimensions of microfinance are continuously met with rigid forms of credit risk management that reproduce the very inequality the loans are meant to alleviate. Moreover, despite being collateral-free loans, the use of life insurance to manage the high mortality rates of poor borrowers has led to the collateralization of life itself. Thus the newfound ability of the poor to use MFI loans has entrapped them in a system dependent not only on their circulation of capital, but on the poverty that threatens their lives.

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  • Publisher – Stanford University Press
  • Total Pages – 351
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  • ISBN-10 – 9781503605893
  • ISBN-13 – 1503605892