Product Information
The Microfinance revolution is usually considered to have been led by the 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 avoidance of jargon make it appealing not only to microfinance students and practitioners, but to general readers as well.Product Identifiers
PublisherPractical Action Publishing
ISBN-139781853396885
eBay Product ID (ePID)95258053
Product Key Features
Number of Pages144 Pages
LanguageEnglish
Publication NameThe Poor and Their Money: Microfinance from a Twenty-First Century Consumer's Perspective
Publication Year2009
SubjectEconomics
TypeTextbook
AuthorStuart Rutherford
FormatPaperback
Dimensions
Item Height216 mm
Item Weight232 g
Additional Product Features
EditorSukhwinder Arora
Country/Region of ManufactureUnited Kingdom
Title_AuthorStuart Rutherford