The poor and their money : microfinance from a twenty-first century consumer's perspective

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書誌事項

The poor and their money : microfinance from a twenty-first century consumer's perspective

Stuart Rutherford with Sukhwinder Arora

Practical Action Pub., c2009

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注記

Originally published: Oxford University Press, 2000

Includes bibliographical references (p. [157]-162) and index

内容説明・目次

内容説明

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.

目次

  • Prelims (Foreword- Elizabeth Littlefield, Preface, Acknowledgements)
  • 1. The need to save: Why people who have so little money need to manage it so carefully, and why saving is at the root of their efforts
  • 2. Three ways to save: Saving up, saving down, and saving through
  • 3. Informal devices: ROSCAs and ASCAs: How the poor run savings clubs
  • 4. Informal services: managers and providers
  • 5. Welcoming new partners: Anew organizations to help the poor get better financial services
  • 6. Financial lives: Another way of looking at how the poor use financial services
  • Back Matter (Notes, References, Index)

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