1st Edition

Microfinance, Debt and Over-Indebtedness Juggling with Money

336 Pages 1 B/W Illustrations
by Routledge

336 Pages 1 B/W Illustrations
by Routledge

336 Pages 1 B/W Illustrations
by Routledge

Although microcredit programmes have long been considered efficient development tools, many forms of debt-induced distress have emerged in their wake. This has brought to light the problem of over-indebtedness, a topic which has been previously underexplored in the literature. This new book, from a group of leading scholars, explores the manifestations, scale, and economic and social... Read more

1. Introduction Isabelle Guérin, Solène Morvant-Roux and Magdalena Villarreal  2. Household Over-Indebtedness in Northern and Southern Countries: A macro-perspective Jean-Michel Servet and Hadrien Saiag  3. Indebted Mexicans in the Californian Mortgage Crisis Magdalena Villarreal  4. Debt, Over-Indebtedness and Wellbeing: An exploration Susan Johnson  5. Why Do the Poor Pay More for Their Credit? A French case study Hélène Ducourant  6. Debt, Credit and Contractual Synchrony in a South-Indian Market Town Barbara Harriss-White  7. The Social Meaning of Over-Indebtedness and Creditworthiness in the Context of Poor Rural South Indian Households (Tamil Nadu) Isabelle Guérin, Marc Roesch, G. Venkatasubramanian and K. S. Santosh Kumar  8. Protection and Over-Indebtedness in Rural South India: The case of labour migrants of Andhra Pradesh Picherit David  9. International Migration and Over-Indebtedness in Rural Mexico Solène Morvant-Roux  10. Multiplying Debt and Dependence: Gender strategies and the social risks of financial inclusion in Western Mexico Francesco Zanotelli  11. Does Juggling Mean Struggling? Insights into the financial practices of rural households in Madagascar Betty Wampfler, Emmanuelle Bouquet and Eliane Ralison  12. The Social Costs of Microfinance and Over-Indebtedness for Women Lourdes Angulo Salazar  13. The Commercialization of Microcredits and Local Consumerism: Examples of over-indebtedness from indigenous Mexico Agata Hummel  14. Mortgaging Used Sari-Skirts, Spear-Heading Resistance: Narratives from the microfinance repayment standoff in a South Indian town, 2008-2010 Nithya Joseph  15. Conclusion Isabelle Guérin, Solène Morvant-Roux and Magdalena Villarreal

Biography

Isabelle Guérin is Senior Research Fellow at the Institute of Research Development/Paris I Sorbonne University (Research Unit "Development and Societies"), Paris, and a research associate at the French Institute of Pondicherry and CERMi.

Solène Morvant-Roux is Assistant Professor at the Department of Political Economy, University of Fribourg, Switzerland, and Associate Researcher to the Centre for European Research in Microfinance (CERMI).

Magdalena Villarreal is Senior Researcher and Professor at the Centre for Advanced Research and Postgraduate Studies in Social Anthropology, Mexico.