Financial Promise for the Poor: How Groups Build Microsavings - Softcover

Wilson, Kim

 
9781565493391: Financial Promise for the Poor: How Groups Build Microsavings

Synopsis

Covers current innovations in microsavings happening around the world. It describes how savings group members in the developing world are avoiding many of the financial liabilities and debt of other microfinance programs while gaining skills and finding opportunities in collective enterprise. The turn from credit to savings speaks to the growing empowerment of individuals and communities as they break the bonds of indebtedness and find their own paths to financial security.

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Review

Microfinance started with a common vision to improve economic opportunity for the poor, but that vision has become blurred in recent years, with some now seeing microfinance as just another business market. This book takes a refreshing look at how local systems of savings and lending, though extremely simple, bring the industry back on track.

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Other Popular Editions of the Same Title

9781565493407: Financial Promise for the Poor: How Groups Build Microsavings

Featured Edition

ISBN 10:  1565493400 ISBN 13:  9781565493407
Publisher: Lynne Rienner, 2010
Hardcover