Sherratt, Lesley

Can microfinance work? : how to improve its ethical balance and effectiveness Lesley Sherratt - Oxford ; New York : Oxford University Press, c2016. - xix, 230 p. : ill. ; 25 cm.



Part I. Empirics. The double-edged sword: the microfinance model and the moral hazards inherent within ; Poverty's panacea, or snake oil salesmen: does microfinance work? -- Part II. Microethics: the practices of microfinance. From empowerment to exploitation: MFIs and their borrowers ; From solidarity to coercion: the dynamics of group liability ; The dog not barking: a duty of care in microfinance -- Part III. Macroethics: the industry of microfinance. Silenced stories: the distribution of benefits & burdens within microfinance ; Hear no evil, see no evil, speak no evil: microfinance and the informal economy ; The macro impact of microfinance -- Part IV. Making microfinance more ethical. Keeping the good eliminating the bad, transforming the ugly: how to practice microfinance ethically ; Wider lessons: what we can learn from microfinance for antipoverty development efforts.

Can Microfinance Work? presents a thorough-going and nuanced ethical assessment of the microfinance industry, drawing on the author's expertise in the fields of finance and applied ethics.

9780199383191

2015035120


Microfinance
Financial institutions--Moral and ethical aspects

332