Financial Promise for the Poor: How Groups Build Microsavings
Language: English
Published by Kumarian Press, 2010
- Softcover
- Used

Seller: Phatpocket Limited, Waltham Abbey, HERTS, United KingdomPhatpocket Limited
AbeBooks seller since April 28, 2005
Condition: Used - Good
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Seller Inventory # Z1-F-057-01301
- Title
- Financial Promise for the Poor: How Groups Build Microsavings
- Author
- Wilson, Kim
- Publisher
- Kumarian Press
- Publication year
- 2010
- Condition
- Good
- Binding
- Soft cover
- Language
- English
- ISBN 10
- 1565493397
- ISBN 13
- 9781565493391
* Contributors include wide range of scholars and practitioners
The entry of the private sector into financial services for the poor is a relatively new development, but already the glossy promises of credit-led microfinance are facing scrutiny from the development community. Policymakers and economists have begun picking through the hype of microfinance to identify where and how top-down loans might fit into broader human development efforts. To many, the answer involves shifting focus to another financial service: savings. Serving as a strong and perhaps more effective tool than microcredit, microsavings is quickly becoming a lauded poverty-alleviation tool.
Contributors to Financial Promise for the Poor cover current innovations in microsavings happening around the world. They describe how savings group members in the developing world are avoiding many of the financial liabilities and debt of other microfinance programs while gaining skills and finding opportunities in collective enterprise. The turn from credit to savings speaks to the growing empowerment of individuals and communities as they break the bonds of indebtedness and find their own paths to financial security.
"Synopsis" may belong to another edition of this title.
About the Author
Kim Wilson is a lecturer at The Fletcher School and a Fellow with the Center for Emerging Market Enterprises and the Feinstein International Center at Tufts University. Spending time in India beginning in 2001 through 2005, Professor Wilson worked closely with savings groups, connecting them to banks with a particular focus on tribal areas. She has worked for Catholic Relief Services heading their Microfinance Unit, and in that tenure, spearheaded CRS' shift from focusing on credit to the poor to savings of the poor. Professor Wilson has consulted for many international agencies in savings and credit. Previously, she was in the private sector, occupying senior management positions in finance and franchising.
Matthew Griffith is an independent consultant focusing on community finance and livelihoods. He has worked with marginalized communities in Russia, the United States and Ethiopia. Most recently, he worked with the Feinstein International Center at Tufts University on a project focusing on the financial resilience of disaster-affected populations. He received a Masters from the Fletcher School of Law and Diplomacy.
"About the title" may belong to another edition of this title.
Phatpocket Limited
Waltham Abbey, HERTS, United Kingdom
AbeBooks seller since April 28, 2005
Shipping rates from United Kingdom to U.S.A.
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Phatpocket Limited is a world class secondhand bookstore located in the Hertfordshire countryside in the United Kingdom. We specialize in textbooks across an enormous variety of subjects. We aim to provide a low cost source of high quality textbooks to the academic community. We also have a sizable collection of rare and collectible books. We are dedicated to providing our customers with the highest standard of customer service in the bookselling business.Phatpocket Limited is registered in England and Wales: No. 04924751.…
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