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Author Nayak, Binod B.

Title The synergy of microfinance : fighting poverty by moving beyond credit / Binod B. Nayak
Published Thousand Oaks : SAGE Publications India Pvt Ltd, 2014
Online access available from:
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Description 1 online resource
Contents Prologue -- 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 -- About the author
Summary 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 stu
Bibliography Includes bibliographical references and index
Notes Print version record
Subject Microfinance -- Developing countries.
Poor -- Services for -- Developing countries.
Form Electronic book
ISBN 9351501965 (electronic bk)
9789351501961 (electronic bk)