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The Poor and Their Money: Microfinance From a Twenty-First Century Consumer’s Perspective

Stuart Rutherford, Sukhwinder Singh Arora




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 | #786494 in Books |  Practical Action |  2010-03-24 | Original language:English | PDF # 1 |  .50 x5.40 x8.40l,.55 | File type: PDF | 190 pages

 | 

|| |”I found this book extremely stimulating and thought provoking.”
(Manmohan Singh, Prime Minister)

“From the best reporter on finance and the poor that I have ever seen, The Poor and Their Money shines a brilliant light

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 ro...

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