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Unlocking Potential: The Role of Microfinance in Alleviating Poverty and Inequality
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(Buch) |
Dieser Artikel gilt, aufgrund seiner Grösse, beim Versand als 2 Artikel!
| Lieferstatus: |
 i.d.R. innert 5-10 Tagen versandfertig |
| Veröffentlichung: |
Juni 2024
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| Genre: |
Wirtschaft / Recht |
| ISBN: |
9783384253279 |
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EAN-Code:
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9783384253279 |
| Verlag: |
tredition |
| Einband: |
Kartoniert |
| Sprache: |
English
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| Dimensionen: |
H 234 mm / B 155 mm / D 7 mm |
| Gewicht: |
171 gr |
| Seiten: |
92 |
| Zus. Info: |
Paperback |
| Bewertung: |
Titel bewerten / Meinung schreiben
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| Inhalt: |
| Poverty and inequality cast long shadows. "Unlocking Potential: The Role of Microfinance in Alleviating Poverty and Inequality" explores microfinance, a financial tool that empowers individuals to break free from these cycles.
Imagine communities where small loans unlock a world of possibilities. Microfinance offers a glimmer of hope:
Breaking Barriers: Microloans provide crucial capital to those excluded from traditional banking systems, fueling small businesses and income generation.
Empowerment and Agency: By becoming self-employed, individuals take control of their economic destinies, fostering self-sufficiency and dignity.
Ripple Effect: Microfinance institutions often prioritize women borrowers, potentially leading to positive social change within communities.
However, challenges remain:
Debt Trap Potential: High interest rates and short repayment periods can trap borrowers in a cycle of debt, negating the benefits.
Sustainability Concerns: Focus on short-term loans may not address long-term financial needs or promote sustainable business development.
Limited Reach: Microfinance may not be a universal solution, and broader structural reforms are needed for widespread poverty reduction.
Despite these limitations, microfinance offers valuable insights:
Responsible Practices Matter: Sustainable interest rates, client protection measures, and business skills training are crucial for effective empowerment.
A Piece of the Puzzle: Microfinance should be part of a comprehensive strategy that includes access to markets, education, and infrastructure development.
Beyond Numbers: The human narrative - stories of resilience and setbacks - is key to refining microfinance practices.
Microfinance has the potential to be a powerful tool in the fight against poverty and inequality. By acknowledging challenges, fostering responsible models, and learning from experiences, microfinance can play a crucial role in unlocking the potential of individuals and communities around the world. |
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