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Post by Sapphire Capital on Nov 13, 2008 21:10:30 GMT 4
Can India Microfinance Be Solidarity-Based? Isabelle Guérin Laboratoire Population Environnement Développement (LPED/IRD) Cyril Fouillet Université Libre de Bruxelles (ULB) - Solvay Business School; Institut de Recherche pour le Développement (IRD/LPED); French Institute of Pondicherry (IFP) Jane Palier University Lyon 2 Revue Tiers Monde, Vol. 190, pp. 291-308, 2007 Abstract: How and under which conditions can microfinance promote solidarity, solidarity being defined in terms of capability to redistribute power and wealth and to reinvent new forms of democracy? Based on Indian cases studies, the paper gives evidence to the numerous challenges faced by microfinance organisations when they try to extend their role beyond the provision of financial services. Solidarity production is, of course, the result of deliberate choices and strategies elaborated by microfinance organisations, but solidarity is also highly dependant from socio-economic and socio-political contexts of intervention and the ways local people and clients use, manipulate and appropriate microfinance interventions. papers.ssrn.com/sol3/papers.cfm?abstract_id=1285726
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