Financial Promise to the Poor: How Groups Build Microsavings
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| Title: | Financial Promise to the Poor: How Groups Build Microsavings |
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| Description: | Development scholars, policymakers, and practitioners have begun sorting through the hype of microfinance to identify where and how top-down loans might fit into broader development efforts. To many, the answer involves shifting focus to another financial service: savings. Serving as a strong and perhaps more effective tool than microcredit, microsavings is quickly becoming a lauded poverty-alleviation tool. The authors of Financial Promise for the Poor cover current innovations in microsavings around the world, describing how savings-group members are avoiding many of the financial liabilities of other microfinance programs while gaining skills and finding opportunities in collective enterprise. |
| Authors: | Kim Wilson, Malcolm Harper, Matthew Griffth |
| Resource Type: | eBook. |
| Subjects: | Poor--Developing countries, Rotating credit associations--Developing countries, Microfinance--Developing countries, Savings and loan associations--Developing countries |
| Categories: | BUSINESS & ECONOMICS / Banks & Banking |
| Database: | eBook Collection (EBSCOhost) |
| Abstract: | Development scholars, policymakers, and practitioners have begun sorting through the hype of microfinance to identify where and how top-down loans might fit into broader development efforts. To many, the answer involves shifting focus to another financial service: savings. Serving as a strong and perhaps more effective tool than microcredit, microsavings is quickly becoming a lauded poverty-alleviation tool. The authors of Financial Promise for the Poor cover current innovations in microsavings around the world, describing how savings-group members are avoiding many of the financial liabilities of other microfinance programs while gaining skills and finding opportunities in collective enterprise. |
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| ISBN: | 9781565493407 9781565493650 |
