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Microfinance and Poverty Reduction (Paperback)
Loot Price: R519
Discovery Miles 5 190
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Microfinance and Poverty Reduction (Paperback)
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Loot Price R519
Discovery Miles 5 190
Expected to ship within 10 - 15 working days
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This book considers various types of microfinance schemes and
compares the effectiveness of different approaches in aiding
poverty reduction.The provision of credit and other financial
services has become increasingly seen as the answer to the problems
facing poor people. Microfinance interventions have the capacity to
increase incomes, contribute to individual and household security,
and change social relations for the better. But it cannot be
assumed that they will do so and it may often be more effective in
terms of poverty reduction to combine credit provision with other
development activities.The authors emphasize the importance of
first studying the local context, and then considering the
macro-economic factors which may be operating upon the economy of a
particular country. Five extended case studies, in the Gambia,
Ecuador, Mexico, Pakistan, and the UK, are examined; aspects of
sustainability and impact assessment are considered with reference
to these case studies and to other examples.
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