Microcredit Meltdown is popular PDF and ePub book, written by Crystal Murphy in 2018-12-03, it is a fantastic choice for those who relish reading online the Political Science genre. Let's immerse ourselves in this engaging Political Science book by exploring the summary and details provided below. Remember, Microcredit Meltdown can be Read Online from any device for your convenience.
Microcredit Meltdown Book PDF Summary
Established to help people jumpstart their lives and economy after over a half century of conflict, the South Sudanese microcredit sector collapsed in 2012, six years after its takeoff, to the detriment of some 80,000 participants. Microcredit Meltdown is an account of the ambitious launch and premature downfall of the Southern Sudanese microcredit industry. Through a mixed methods ethnographic approach, the book charts the state and non-state actors that embarked upon economic development after war, the assumptions built into microlending, and the impact of ideologies and social norms on economic practice. The text compares industry theories with the experiences of borrowers and finds that microcredit failed in South Sudan due to false assumptions that were inapplicable to this post-conflict environment. Yet the over promising and under-delivering commercial microcredit was not isolated to South Sudan or even post-conflict settings. The Juba microcredit story is an instance of the broader global shift toward the commercial microcredit model. Initiated to get badly needed capital into the hands of poor people, instead the focus became sustaining a lending program. The text shows how the ideological and material constraints of the commercial microcredit paradigm were woefully misaligned with local socio-cultural realities, and created the collapse in South Sudan.
Detail Book of Microcredit Meltdown PDF
- Author : Crystal Murphy
- Release : 03 December 2018
- Publisher : Rowman & Littlefield
- ISBN : 9781498577397
- Genre : Political Science
- Total Page : 271 pages
- Language : English
- PDF File Size : 14,6 Mb
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