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Author: Esayas Bekele Geleta Publisher: Routledge ISBN: 1317024109 Category : Business & Economics Languages : en Pages : 147
Book Description
Microfinance has long been considered a development strategy that can correct the failure of the global credit market and address the financial needs of the poor enabling them to create and run profitable business enterprises. The Microfinance Mirage argues that this neo-liberal oriented analysis overemphasises the economic argument whilst ignoring the cultural roots of inequality and subordination. Drawing on ethnographic research conducted among rural credit clients in the Northern region of Ethiopia, Esayas Bekele Geleta provides a nuanced critical analysis of microfinance challenging the common assumption that it facilitates the building of social capital, poverty reduction and the empowerment of women. Making a unique contribution to our further understanding of the microfinance industry the research shows that, in some cases, microfinance can result in the disintegration of pre-existing relationships and in the disruption and destruction of the livelihoods of the poor. Exploring the impact of microfinance in one of the poorest regions of sub-Saharan Africa, this book demonstrates its potential and problems and shows the complex and contradictory social and cultural environments in which projects are often located.
Author: Esayas Bekele Geleta Publisher: Routledge ISBN: 1317024109 Category : Business & Economics Languages : en Pages : 147
Book Description
Microfinance has long been considered a development strategy that can correct the failure of the global credit market and address the financial needs of the poor enabling them to create and run profitable business enterprises. The Microfinance Mirage argues that this neo-liberal oriented analysis overemphasises the economic argument whilst ignoring the cultural roots of inequality and subordination. Drawing on ethnographic research conducted among rural credit clients in the Northern region of Ethiopia, Esayas Bekele Geleta provides a nuanced critical analysis of microfinance challenging the common assumption that it facilitates the building of social capital, poverty reduction and the empowerment of women. Making a unique contribution to our further understanding of the microfinance industry the research shows that, in some cases, microfinance can result in the disintegration of pre-existing relationships and in the disruption and destruction of the livelihoods of the poor. Exploring the impact of microfinance in one of the poorest regions of sub-Saharan Africa, this book demonstrates its potential and problems and shows the complex and contradictory social and cultural environments in which projects are often located.
Author: Esayas Bekele Geleta Publisher: Lund Humphries Publishers ISBN: 9781472429216 Category : Business & Economics Languages : en Pages : 134
Book Description
Making a unique contribution to our further understanding of the microfinance industry this book shows that, in some cases, microfinance can result in the disintegration of pre-existing relationships and in the disruption and destruction of the livelihoods of the poor. Exploring the impact of microfinance in one of the poorest regions of sub-Saharan Africa this book demonstrates its potential and problems and shows the complex and contradictory social and cultural environments in which projects are often located.
Author: Esayas Bekele Geleta Publisher: ISBN: Category : Microfinance Languages : en Pages : 335
Book Description
Over the last two decades microfinance (MF) has been one of the popular and widely adopted development strategies in the majority world. Despite its popularity and prominence, microfinance has been hotly debated. This thesis critically examines three of these contentious issues, namely microfinance{u2019}s potential to reduce poverty, help build social capital and empower women. The thesis provides an in depth study of MF in Ethiopia, one of the poorest countries of sub-Saharan Africa. Among the microfinance institutions (MFIs) in the country, the thesis focuses on ACSI (the Amhara Credit and Savings Institution), which is located in the Amhara region, one of the poorest regions of Ethiopia. Despite this fact, ACSI has emerged as one of the most successful MFIs in the world. From a theoretical point of view, this thesis primarily utilizes Pierre Bourdieu{u2019}s (1986, 1996, 2000) analysis of social capital, in contrast to Robert Putnam{u2019}s (1993, 2000) understanding of this concept that has been very popular and influential throughout the world. In examining the potential of MF to empower women, the thesis is informed by Bourdieu{u2019}s analysis of class structure, while incorporating feminist critiques of his sociology. With regard to philosophical underpinnings, the study is undertaken from a Bourdieusian and feminist position. Research for this thesis was undertaken during the summers of 2007 and 2008 in both rural and urban contexts, namely the Woredas (districts) of Angolela Tera and Debrebrehane, respectively. While the fieldwork was guided by an ethnographic methodology, observation, in-depth interviews and focus group discussions were utilised as methods of data collection. The study examines MF within the wider socio-economic context of Ethiopia. It locates MF within the broader formal and informal financial facilities prevalent in the country. The research provides a critical analysis of the organisational structure and institutional practices of ACSI that have helped it to emerge as the leading MFI in Africa. The thesis looks at the institutional policy frameworks and day to day operations of the organisation vis-à-vis the cultural ideologies and practices of the people of the Amhara region. The key findings of the thesis revealed that livelihoods for many clients of ACSI were improved through accessing finance, running small businesses and generating incomes. However, it cannot be assumed that credit necessarily expands economic capital. On the contrary, the research showed a significant degree of vulnerability and a further impoverishment for some of the credit clients. Moreover, despite the formation of micro-groups for the delivery of micro-loans and centres for collecting voluntary savings, the research findings suggest that MF in the context of ACSI has played an insignificant role in creating new or expanding the pre-existing forms of networks, links and association (social capital) among micro-group members. Rather than bringing about social integration, ACSI{u2019}s system of credit delivery, which incorporates peer enforcement and monitoring, proved to be a source of conflict among many group members. ACSI{u2019}s role in terms of empowering women has also been limited. Cultural ideologies and practices restrict women{u2019}s mobility and property ownership such as land. Women are restricted from a decision making role over the use of loans, management of loans and income generated. They do not also participate in lucrative markets such as cattle markets. When women engage in running micro-business, their domestic roles are not shared. Despite the potential of centre meetings to empower women, women{u2019}s participation is controlled by men. The study showed that the poorest women are the most discriminated against. The thesis fundamentally deconstructed the common simplistic association of credit provision with poverty reduction, social capital and women{u2019}s empowerment.
Author: Jill Steans Publisher: Edward Elgar Publishing ISBN: 1783470623 Category : Political Science Languages : en Pages : 528
Book Description
The Handbook on Gender in World Politics is an up-to-date, comprehensive, multi-disciplinary compendium of scholarship in gender studies. The text provides an indispensable reference guide for scholars and students interrogating gender issues in international and global contexts. Substantive areas covered include: statecraft, citizenship and the politics of belonging, international law and human rights, media and communications technologies, political economy, development, global governance and transnational visions of politics and solidarities.
Author: Tom Lavers Publisher: Cambridge University Press ISBN: 1009428268 Category : Political Science Languages : en Pages : 650
Book Description
This book provides a comprehensive, multi-sector analysis of Ethiopia's development project, which has rightly been regarded as one of the development success stories of recent decades. The book will interest scholars in African studies, political science and development studies, in addition to those with specific interests in Ethiopia.
Author: Annabel Dulhunty Publisher: Taylor & Francis ISBN: 1000928713 Category : Social Science Languages : en Pages : 124
Book Description
Women’s Empowerment and Microcredit Programs in India examines the value of microcredit-based self-help groups (SHGs) for women in India and provides an alternative model for women’s empowerment programming. The microcredit sector continues to boom globally - with private investors, governments and multilateral financial institutions all investing substantial amounts in self-help group programming. Nowhere is this more evident than in India, where the industry has further been deregulated in recent years. Much of the rationale for increased investment in microcredit is based on the idea that it improves ‘women’s empowerment’. But is this true? Researchers have fiercely debated the value of microcredit programs for women, with some arguing that it is exploitative, and others contending that it is empowering. This book provides new insights into women’s empowerment and microcredit programming, elaborating on the themes of power, dignity, mobility and solidarity. It takes a nuanced view of the complexities surrounding self-help group programming and women’s empowerment and argues that the model of microcredit self-help group programming is key to whether it helps or harms women. By focusing on the experiences and voices of microcredit self-help group members in West Bengal, India, this book elaborates on the idea of microcredit models existing on a continuum, from ‘smart economics’ to more holistic feminist versions of programming. It will be of interest to scholars in development studies, anthropology, sociology, gender studies and public policy and Asian Studies.
Author: R. Mersland Publisher: Springer ISBN: 113739966X Category : Business & Economics Languages : en Pages : 329
Book Description
Research on MFI performance is still in its infancy. MFIs are hybrid organizations with dual objectives. Performance studies in microfinance are therefore less straightforward compared to performance studies in traditional banking research. This book contains new MFI performance research by top scholars from across the globe.
Author: Ananya Roy Publisher: Routledge ISBN: 1136992499 Category : Social Science Languages : en Pages : 295
Book Description
Winner of the 2011 Paul Davidoff award! This is a book about poverty but it does not study the poor and the powerless; instead it studies those who manage poverty. It sheds light on how powerful institutions control "capital," or circuits of profit and investment, as well as "truth," or authoritative knowledge about poverty. Such dominant practices are challenged by alternative paradigms of development, and the book details these as well. Using the case of microfinance, the book participates in a set of fierce debates about development – from the role of markets to the secrets of successful pro-poor institutions. Based on many years of research in Washington D.C., Bangladesh, and the Middle East, Poverty Capital also grows out of the author's undergraduate teaching to thousands of students on the subject of global poverty and inequality.
Author: Food and Agriculture Organization of the United Nations Publisher: Food & Agriculture Org. ISBN: 9251089817 Category : Business & Economics Languages : en Pages : 404
Book Description
Cash transfers have become a key social protection tool in developing countries and have expanded dramatically in the last two decades. However, the impacts of cash transfers programmes, especially in Sub-Saharan Africa, have not been substantially documented. This book presents a detailed overview of the impact evaluations of these programmes, carried out by the Transfer Project and FAO’s From Protection to Production project. The 14 chapters include a review of eight country case studies: Kenya, Ghana, Ethiopia, Zambia, Zimbabwe, Lesotho, Malawi, South Africa, as well as a description of the innovative research methodologies, political economy issues and good practices to design cash transfer programmes. The key objective of the book is to enhance the understanding of these development programmes, how they lead to a broad range of social and productive impacts and also of the role of programme evaluation in the process of developing policies and implementing programmes.
Author: Esayas Bekele Geleta
Author: Esayas Bekele Geleta
Author: Esayas Bekele Geleta
Author: Esayas Bekele Geleta
Author: Jill Steans
Author: Tom Lavers
Author: Annabel Dulhunty
Author: Alfred Lakwo
Author: R. Mersland
Author: Ananya Roy
Author: Food and Agriculture Organization of the United Nations