Politicized Microfinance
Money, Power, and Violence in the Black Americas
Published on 23. June 2016
Book
Paperback/Softback
240 pages
978-1-4426-1624-0 (ISBN)
Description
When Grameen Bank was awarded the Nobel Peace Prize in 2006, microfinance was lauded as an important contributor to the economic development of the Global South. However, political scandals, mission-drift, and excessive commercialization have tarnished this example of responsible or inclusive financial development. Politicized Microfinance insightfully discusses exclusion while providing a path towards redemption.
In this work, Caroline Shenaz Hossein explores the politics, histories and social prejudices that have shaped the legacy of microbanking in Grenada, Guyana, Haiti, Jamaica and Trinidad. Writing from a feminist perspective, Hossein's analysis is rooted in original qualitative data and offers multiple solutions that prioritize the needs of marginalized and historically oppressed people of African descent.
A must read for scholars of political economy, diaspora studies, social economy, women's studies, as well as development practitioners, Politicized Microfinance convincingly deftly argues for microfinance to return to its origins as a political tool, fighting for those living in the margins.
In this work, Caroline Shenaz Hossein explores the politics, histories and social prejudices that have shaped the legacy of microbanking in Grenada, Guyana, Haiti, Jamaica and Trinidad. Writing from a feminist perspective, Hossein's analysis is rooted in original qualitative data and offers multiple solutions that prioritize the needs of marginalized and historically oppressed people of African descent.
A must read for scholars of political economy, diaspora studies, social economy, women's studies, as well as development practitioners, Politicized Microfinance convincingly deftly argues for microfinance to return to its origins as a political tool, fighting for those living in the margins.
Reviews / Votes
'Politicized Microfinance is a timely and empirically rich book. It will be of interest to readers interested in microfinance and alternative finance and in social economy and alternative economies more broadly.'- Nick Bernards (Antipode: A Radical Journal of Geography September 2016) 'This work is a valuable contribution toward painting a more realistic picture of how bias affects lending.'
- B. B. Andrew (Choice Magazine vol 54:06:2017) "Politicized Microfinance's key attraction is that it is informed by Black feminist thought and intersectional feminism and thus makes a much-needed intervention... Hossein's call for an intersectional lens in the social economy may be one of the final ingredients which we need to attain social transformations."
- Grace Adeniyi Ogunyankin (International Society for Third-Sector Research Vol 29: 2018)
More details
Language
English
Place of publication
Toronto
Canada
Target group
College/higher education
Professional and scholarly
Product notice
Paperback (trade)
Illustrations
3 figures
Dimensions
Height: 226 mm
Width: 152 mm
Thickness: 15 mm
Weight
363 gr
ISBN-13
978-1-4426-1624-0 (9781442616240)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Person
Caroline Shenaz Hossein is an associate professor of the Global Development and Political Economy at the University of Toronto Scarborough; Canada Research Chair, Tier 2 of Africana Development and Feminist Political Economy; and Founder of the Diverse Solidarity Economies (DISE) Collective.
Content
List of Figures and Tables
Preface
Acknowledgments
Nomenclature
Abbreviations
Chapter 1: Microfinance and Black People
Chapter 2: Contextualizing Microfinance in Jamaica, Guyana, and Haiti
Chapter 3: Cultural Politics, Bias, and Microfinance
Chapter 4: Violence against Borrowers and Lenders in Microfinance
Chapter 5: Alternative Banking among the African Diaspora
Chapter 6: Banking on Indigenous Systems
Appendix: Description of Slums in the Study
Notes
Bibliography
Index
Preface
Acknowledgments
Nomenclature
Abbreviations
Chapter 1: Microfinance and Black People
Chapter 2: Contextualizing Microfinance in Jamaica, Guyana, and Haiti
Chapter 3: Cultural Politics, Bias, and Microfinance
Chapter 4: Violence against Borrowers and Lenders in Microfinance
Chapter 5: Alternative Banking among the African Diaspora
Chapter 6: Banking on Indigenous Systems
Appendix: Description of Slums in the Study
Notes
Bibliography
Index