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020			_a9789351504733
050			_aP302
082			_a401.41
100			_aNayak, Binod B.
245		4	_aThe Synergy of Microfinance
254			_bFighting Poverty by Moving beyond Credit
264			_aIndia _bSAGE Publications _c2014
300			_aonline resource(372 pages) _billustrations
336			_atext _2rdacarrier
490			_aSAGE eVidya
504			_aIncludes bibliographical references and index
520			_a<p style="text-align: justify;"><strong>The Synergy of Microfinance</strong> underlines the significance of innovative financial and risk management tools and non-financial complementary services by microfinance institutions in poverty alleviation. It undertakes a nuanced analysis of financial instruments- microcredit, microsavings, microinsurance, microleasing and payment systems for money transfer- and non-financial services such as social intermediation, livelihood promotion and access to broader market place. <br /> <br /> Given the diminished expectations on microcredit impact, the book highlights results from randomized control trial (RCT)-based studies around the world. It argues that exclusive access to microcredit alone may not suffice in alleviating poverty on a mass scale and could pose a financial risk for poor households or households that over-borrow. There is also a discussion on the Andhra Pradesh microfinance crisis of 2010, and the developments that took place in its aftermath.</p> <div style="text-align: justify;"> </div> <div> </div>
650			_aFinancial Management
650			_aResearch Methods for Development Studies
776			_iPrint version: _z9789353288754
856			_uhttps://evidya.sagepub.in/library/the-synergy-of-microfinance?bookId=2807&siteName=evidya
999			_c25987 _d25987
942			_cEBK
037			_bM/s. Sage Publications India Pvt. Ltd., New Delhi – 110 044