@Free Book ⛑ Microfinance and Its Discontents × eBook or E-pub free

One of the best ethnography s I ve read in a while An important critique of microfinancing and neoliberal research and development agendas. @Free Book ⚺ Microfinance and Its Discontents ⚷ In The Grameen Bank Of Bangladesh Won The Nobel Peace Prize For Its Innovative Microfinancing Operations This Path Breaking Study Of Gender, Grassroots Globalization, And Neoliberalism In Bangladesh Looks Critically At The Grameen Bank And Three Of The Leading NGOs In The Country Amid Euphoria Over The Benefits Of Microfinance, Lamia Karim Offers A Timely And Sobering Perspective On The Practical, And Possibly Detrimental, Realities For Poor Women Inducted Into Microfinance OperationsIn A Series Of Ethnographic Cases, Karim Shows How NGOs Use Social Codes Of Honor And Shame To Shape The Conduct Of Women And To Further An Agenda Of Capitalist Expansion These Unwritten Policies Subordinate Poor Women To Multiple Levels Of Debt That Often Lead To Increased Violence At The Household And Community Levels, Thereby Weakening Women S Ability To Resist The Onslaught Of Market ForcesA Compelling Critique Of The Relationship Between Powerful NGOs And The Financially Strapped Women Beholden To Them For Capital, This Book Cautions Us To Be Vigilant About The Social Realities Within Which Women And Loans Circulate Realities That Often Have Adverse Effects On The Lives Of The Very Women These Operations Are Meant To Help Not a particularly engaging read perhaps the author style but the content itself is useful and very important in criticizing the what is often seen as a panacea in the development world. A good topic Some insights Terrible writing. A well researched ethnographic study on rural Bangladesh and the NGO ecosystem Yes, as the name suggests, the book is all about all the things that have gone wrong with microfinance institutions in Bangladesh whether it is the underlying culture, existing poverty or bad governance from MFIs The book highlights the importance of having consideration for the beneficiary and the environment they live in when you are designing a solution for a social problem I admit the author is a little extreme with seeing the worst in situations, but knowing the worst can be helpful to see where the challenges lie ahead and how to avoid potential negative spill overs Myanmar is lucky not to have the exact same cultural problems as Bangladesh, but we do have a lot of similarities as well.After all, it s not just the solution that counts, the delivery also matters. A good criticism of microcredit in Bangladesh Very one sided argument, but necessary to read through Karim s argument because it poses such valid arguments The first half of the book was better than the latter, though.