The Poor and Their Money: Microfinance From a Twenty-First Century Consumer's Perspective

Rutherford, Stuart, Arora, Sukhwinder Singh

Published by Practical Action
ISBN 10: 1853396885 / ISBN 13: 9781853396885
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2010. 0th Edition. Paperback. Editor(s): Rutherford, Stuart; Arora, Sukhwinder Singh. Num Pages: 144 pages, 20 black & white line drawings. BIC Classification: GTF; KCC. Category: (P) Professional & Vocational. Dimension: 137 x 217 x 11. Weight in Grams: 250. . . . . . Books ship from the US and Ireland. Bookseller Inventory #

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Synopsis: It is generally believed that microfinance revolution was led by NGOs, donor agencies, and more recently banks who offer poor people financial services. But what can we learn from the ways that poor people already manage their money? What are the essential elements that they prize so much that they are willing to pay high interest rates to money lenders, or spend time and energy setting up elaborate savings clubs? The Poor and Their Money emphasizes the pivotal role of savings in the lives of the poor, and in so doing overturns the common misconception that they are ?too poor to save?.

Building on the huge acclaim that followed its first publication, the second edition of The Poor and Their Money brings readers up to date with microfinance developments in the twenty first century, including India?s self-help group movement, village banks, and microfinance on Wall Street. It also describes the most detailed accounts to date of poor people?s day-to-day financial strategies?their financial diaries.

The book?s clarity and lack of jargon make it appealing not only to microfinance students and practitioners, but to general readers as well.

About the Author: Stuart Rutherford is Senior visiting Fellow, Institute of Development Policy and Management, University of Manchester.

Sukhwinder Singh Arora is Senior Consultant, Financial and Private Sector Development, Oxford Policy Management Ltd, Oxford.

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Title: The Poor and Their Money: Microfinance From ...
Publisher: Practical Action
Book Condition: New

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Book Description Practical Action Publishing. Paperback. Book Condition: new. BRAND NEW, The Poor and Their Money: Microfinance from a Twenty-first Century Consumer's Perspective, Stuart Rutherford, Sukhwinder Singh Arora, The Microfinance revolution is usually considered to have been led by the NGOs, donor agencies, and more recently banks who offer poor people financial services. But what can we learn from the ways that poor people already manage their money? What are the essential elements that they prize so much that they are willing to pay high interest rates to money lenders, or spend time and energy setting up elaborate savings clubs? The poor and their money emphasizes the pivotal role of savings in the lives of the poor, and in so doing overturns the common misconception that they are 'too poor to save'. Building on the huge acclaim that followed its first publication, the second edition of The Poor and Their Money brings readers up to date with microfinance developments in the twenty first century, including India's self-help group movement, village banks, and microfinance on Wall Street. It also describes the most detailed accounts to date of poor people's day-to-day financial strategies - their financial diaries. The book's clarity and avoidance of jargon make it appealing not only to microfinance students and practitioners, but to general readers as well. Bookseller Inventory # B9781853396885

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Book Description Practical Action Publishing, United Kingdom, 2011. Paperback. Book Condition: New. 216 x 134 mm. Language: English . Brand New Book. It is generally believed that microfinance revolution was led by NGOs, donor agencies, and more recently banks who offer poor people financial services. But what can we learn from the ways that poor people already manage their money? What are the essential elements that they prize so much that they are willing to pay high interest rates to money lenders, or spend time and energy setting up elaborate savings clubs? The Poor and Their Money emphasizes the pivotal role of savings in the lives of the poor, and in so doing overturns the common misconception that they are too poor to save. Building on the huge acclaim that followed its first publication, the second edition of The Poor and Their Money brings readers up to date with microfinance developments in the twenty first century, including India s self-help group movement, village banks, and microfinance on Wall Street. It also describes the most detailed accounts to date of poor people s day-to-day financial strategies--their financial diaries. The book s clarity and lack of jargon make it appealing not only to microfinance students and practitioners, but to general readers as well. Bookseller Inventory # AAZ9781853396885

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Book Description Practical Action Publishing, United Kingdom, 2011. Paperback. Book Condition: New. 216 x 134 mm. Language: English . Brand New Book. It is generally believed that microfinance revolution was led by NGOs, donor agencies, and more recently banks who offer poor people financial services. But what can we learn from the ways that poor people already manage their money? What are the essential elements that they prize so much that they are willing to pay high interest rates to money lenders, or spend time and energy setting up elaborate savings clubs? The Poor and Their Money emphasizes the pivotal role of savings in the lives of the poor, and in so doing overturns the common misconception that they are too poor to save. Building on the huge acclaim that followed its first publication, the second edition of The Poor and Their Money brings readers up to date with microfinance developments in the twenty first century, including India s self-help group movement, village banks, and microfinance on Wall Street. It also describes the most detailed accounts to date of poor people s day-to-day financial strategies--their financial diaries. The book s clarity and lack of jargon make it appealing not only to microfinance students and practitioners, but to general readers as well. Bookseller Inventory # AAZ9781853396885

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