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Item Details
Title: THE POOR AND THEIR MONEY
MICROFINANCE FROM A TWENTY-FIRST CENTURY CONSUMER'S PERSPECTIVE
By: Stuart Rutherford (Editor), Sukhwinder Singh Arora (Editor)
Format: Paperback

List price: £14.95
Our price: £14.95
ISBN 10: 1853396885
ISBN 13: 9781853396885
Availability: Usually dispatched within 3-5 days.
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Stock: Currently 2 available
Publisher: PRACTICAL ACTION PUBLISHING
Pub. date: 1 September, 2009
Pages: 144
Synopsis: 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.
Illustrations: 20 Line drawings, black and white
Publication: UK
Imprint: Practical Action Publishing
Returns: Returnable
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