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International & Foreign Business Enterprises - General & Miscellaneous, Poor People, Small Business - Legal & Financial, Finance - Credit & Loans, Economic Development, International Business - General & Miscellaneous, Banks, Savings & Loans, & Credit Uni
Defying the Odds by Eugene Versluysen β€” book cover

Defying the Odds

by Eugene Versluysen
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Overview

This study focuses on the growth of microfinance in the context of social and economic change--and upheavals--in developing countries. Rather than relying on one-dimensional technical analyses, Eugene Versluysen presents the experiences and achievements of microfinance institutions and their clients in the form of country-based case studies. He emphasizes how important it is for people, who have never had access to credit, to be given the opportunity to use credit to become self-sufficient and support themselves and their families. The significance of grass-roots developmental entrepreneurship and alternative poverty-reduction strategies will interest policy makers and analysts alike. Students of finance and developmental economics will see how microfinance has grown into a worldwide movement and has become one the central tenets of a new paradigm of socially-oriented--and sustainable--development.

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Editorials

From the Publisher

"A very readable overview of microfinance on three continents that would serve as a useful introduction for those who have a macroeconomic orientation to international development and are interested in understanding the world of microfinance and its possible contribution to the solution of international development problems."

"A seminal and ground breaking studyβ€”especially commended to the attention of the students of International Economics, and [it] will be of immense interest to non-specialist general readers with an interest in the welfare and improvement of third world country economics and societies."

Book Details

Published
June 7, 1999
Publisher
West Hartford, Conn. : Kumarian Press, 1999.
Pages
272
Format
Paperback
ISBN
9781565490949

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