The Synergy of Microfinance Book by Binod B. Nayak
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The Synergy of Microfinance

The Synergy of Microfinance


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About the Book

The Synergy of Microfinance underlines 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.



Table of Contents:
Prologue
Acknowledgements
Introduction
On Poverty: Who Are the Poor? Why Poverty Persists?
Borrowing and Saving: A Critique
How Small Loans Can Make a Big Difference: The Birth of Microcredit and Its Evolution into Microfinance and Beyond
Microcredit: Anatomy of an Instrument That Revolutionized Lending
Microsavings: Voluntary Savings for the Poor
Microinsurance
Microleasing: Improving Access to Tools and Technology
Remittances, Payment Systems and Microfinance
Complementary Non-financial Services
Critiquing Microfinance
The Synergy
Bibliography
Index


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Product Details
  • ISBN-13: 9789351500421
  • Publisher: Sage
  • Publisher Imprint: Sage
  • Depth: 19
  • Language: English
  • Returnable: N
  • Sub Title: Fighting Poverty by Moving Beyond Credit
  • Width: 142 mm
  • ISBN-10: 935150042X
  • Publisher Date: 17 Jan 2019
  • Binding: Hardback
  • Height: 218 mm
  • No of Pages: 372
  • Spine Width: 25 mm
  • Weight: 675 gr


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