books
the poor and their money microfinance from a twenty first century consumers perspective
it is generally believed that microfinance revolution was led by 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 lack of jargon make it appealing not only to microfinance students and practitioners but to general readers as well .
paperback practical action 2009 isbn13 9781853396885 isbn10 1853396885
abridged n isbn 13 9781853396885 number in series 1 number of pages 170 publisher stylus pub llc release date 62135769600000