Financializing Poverty: Labor and Risk in Indian Microfinance - Couverture rigide
Livre 5 sur 33: South Asia in Motion
Synopsis
In India, a growing number of for-profit microfinance institutions (MFIs) have emerged, promising social and economic empowerment while, in reality, they have mainly succeeded at enfolding the poor into the vast circuits of global finance. This book ethnographically examines how the emergence of MFIs has allowed financial institutions in the city of Kolkata to capitalize on the poverty of its residents.
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À propos de l?auteur
Sohini Kar is Assistant Professor of International Development at the London School of Economics.
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
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Financializing Poverty: Labor and Risk in Indian Microfinance (South Asia in Motion)
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Stanford University Press, 2018
ISBN 10 : 1503604845
ISBN 13 : 9781503604841
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Financializing Poverty: Labor and Risk in Indian Microfinance (South Asia in Motion)
Edité par
Stanford University Press, 2018
ISBN 10 : 1503604845
ISBN 13 : 9781503604841
Ancien ou d'occasion
Couverture rigide
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Financializing Poverty : Labor and Risk in Indian Microfinance
Edité par
Stanford University Press, 2018
ISBN 10 : 1503604845
ISBN 13 : 9781503604841
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Financializing Poverty (Hardcover)
Edité par
Stanford University Press, Palo Alto, 2018
ISBN 10 : 1503604845
ISBN 13 : 9781503604841
Neuf
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Vendeur : Grand Eagle Retail, Bensenville, IL, Etats-Unis
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Hardcover. Etat : new. Hardcover. Microfinance is the business of giving small, collateral-free loans to poor borrowers that are paid back in frequent intervals with interest. While these for-profit microfinance institutions (MFIs) promise social and economic empowerment, they have mainly succeeded at enfolding the poor-especially women-into the vast circuits of global finance. Financializing Poverty ethnographically examines how the emergence of MFIs has allowed financial institutions in the city of Kolkata, India, to capitalize on the poverty of its residents.This book reveals how MFIs have restructured debt relationships in new ways. On the one hand, they have opened access to new streams of credit. However, as the network of finance increasingly incorporates the poor, the "inclusive" dimensions of microfinance are continuously met with rigid forms of credit risk management that reproduce the very inequality the loans are meant to alleviate. Moreover, despite being collateral-free loans, the use of life insurance to manage the high mortality rates of poor borrowers has led to the collateralization of life itself. Thus the newfound ability of the poor to use MFI loans has entrapped them in a system dependent not only on their circulation of capital, but on the poverty that threatens their lives. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. N° de réf. du vendeur 9781503604841
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Financializing Poverty
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Stanford University Press, US, 2018
ISBN 10 : 1503604845
ISBN 13 : 9781503604841
Neuf
Couverture rigide
Vendeur : Rarewaves USA, OSWEGO, IL, Etats-Unis
Évaluation du vendeur 5 sur 5 étoiles
Hardback. Etat : New. Microfinance is the business of giving small, collateral-free loans to poor borrowers that are paid back in frequent intervals with interest. While these for-profit microfinance institutions (MFIs) promise social and economic empowerment, they have mainly succeeded at enfolding the poor-especially women-into the vast circuits of global finance. Financializing Poverty ethnographically examines how the emergence of MFIs has allowed financial institutions in the city of Kolkata, India, to capitalize on the poverty of its residents. This book reveals how MFIs have restructured debt relationships in new ways. On the one hand, they have opened access to new streams of credit. However, as the network of finance increasingly incorporates the poor, the "inclusive" dimensions of microfinance are continuously met with rigid forms of credit risk management that reproduce the very inequality the loans are meant to alleviate. Moreover, despite being collateral-free loans, the use of life insurance to manage the high mortality rates of poor borrowers has led to the collateralization of life itself. Thus the newfound ability of the poor to use MFI loans has entrapped them in a system dependent not only on their circulation of capital, but on the poverty that threatens their lives. N° de réf. du vendeur LU-9781503604841
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Financializing Poverty
Edité par
Stanford University Press, US, 2018
ISBN 10 : 1503604845
ISBN 13 : 9781503604841
Neuf
Couverture rigide
Vendeur : Rarewaves.com USA, London, LONDO, Royaume-Uni
Évaluation du vendeur 5 sur 5 étoiles
Hardback. Etat : New. Microfinance is the business of giving small, collateral-free loans to poor borrowers that are paid back in frequent intervals with interest. While these for-profit microfinance institutions (MFIs) promise social and economic empowerment, they have mainly succeeded at enfolding the poor-especially women-into the vast circuits of global finance. Financializing Poverty ethnographically examines how the emergence of MFIs has allowed financial institutions in the city of Kolkata, India, to capitalize on the poverty of its residents. This book reveals how MFIs have restructured debt relationships in new ways. On the one hand, they have opened access to new streams of credit. However, as the network of finance increasingly incorporates the poor, the "inclusive" dimensions of microfinance are continuously met with rigid forms of credit risk management that reproduce the very inequality the loans are meant to alleviate. Moreover, despite being collateral-free loans, the use of life insurance to manage the high mortality rates of poor borrowers has led to the collateralization of life itself. Thus the newfound ability of the poor to use MFI loans has entrapped them in a system dependent not only on their circulation of capital, but on the poverty that threatens their lives. N° de réf. du vendeur LU-9781503604841
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Financializing Poverty
Edité par
Stanford University Press, 2018
ISBN 10 : 1503604845
ISBN 13 : 9781503604841
Neuf
Couverture rigide
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Financializing Poverty - Labor and Risk in Indian Microfinance (eng)
Edité par
Stanford University Press, 2018
ISBN 10 : 1503604845
ISBN 13 : 9781503604841
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Financializing Poverty : Labor and Risk in Indian Microfinance
Edité par
Stanford University Press, 2018
ISBN 10 : 1503604845
ISBN 13 : 9781503604841
Ancien ou d'occasion
Couverture rigide
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Financializing Poverty: Microfinance, Development, and Financial Risk in India (South Asia in Motion)
Edité par
Stanford University Press, 2018
ISBN 10 : 1503604845
ISBN 13 : 9781503604841
Neuf
Couverture rigide
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