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The Synergy of Microfinance - Hardcover , English

The Synergy of Microfinance - Hardcover , English
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The Synergy of Microfinance - Hardcover , English
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The Synergy of Microfinanceunderlines the significance of innovative financial and risk management tools and non-financial complementary services by microfinance institutions in poverty alleviation. It undertakes a nuanced analysis of financial instruments; microcredit, microsavings, microinsurance, microleasing and payment systems for money transfer; and non-financial services such as social intermediation, livelihood promotion and access to broader market place. Given the diminished expectations on microcredit impact, the book highlights results from randomized control trial (RCT)-based studies around the world. It argues that exclusive access to microcredit alone may not suffice in alleviating poverty on a mass scale and could pose a financial risk for poor households or households..
Pustak Details
Sold BySAGE Publications India
AuthorBinod B. Nayak
ImprintSAGE India
ISBN-139789351500421
Edition1
FormatHardcover
LanguageEnglish
Pages372
Publication Date (YYYY-MM-DD)2015-1-2
Publication Year2015
CategoryResearch Methods for Development Studies,Financial Management,financial and risk management,Microfinance,poverty alleviation

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Book Description

The Synergy of Microfinance - Hardcover , English

The Synergy of Microfinanceunderlines the significance of innovative financial and risk management tools and non-financial complementary services by microfinance institutions in poverty alleviation. It undertakes a nuanced analysis of financial instruments; microcredit, microsavings, microinsurance, microleasing and payment systems for money transfer; and non-financial services such as social intermediation, livelihood promotion and access to broader market place. Given the diminished expectations on microcredit impact, the book highlights results from randomized control trial (RCT)-based studies around the world. It argues that exclusive access to microcredit alone may not suffice in alleviating poverty on a mass scale and could pose a financial risk for poor households or households that over-borrow. There is also a discussion on the Andhra Pradesh microfinance crisis of 2010, and the developments that took place in its aftermath.
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