
Politicized Microfinance
Money, Power, and Violence in the Black Americas
Caroline Shenaz Hossein(Author)
University of Toronto Press
Published on 29. June 2016
Book
Hardback
240 pages
978-1-4426-4820-3 (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.
Reviews / Votes
'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 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 2016More details
Language
English
Place of publication
Toronto
Canada
Target group
College/higher education
Professional and scholarly
Illustrations
3 figures; 2 Illustrations
Dimensions
Height: 229 mm
Width: 152 mm
Thickness: 20 mm
Weight
480 gr
ISBN-13
978-1-4426-4820-3 (9781442648203)
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 assistant professor in the Department of Social Science as well as a member of the Centre for Feminist Research and the Harriet Tubman Institute for Research on Africa and its Diasporas at York University.
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