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[Pdf/ePub] We Are Not Able to Live in the Sky:

2024.06.28 18:39

We Are Not Able to Live in the Sky: The Seductive Promise of Microfinance. Mara Kardas-Nelson

We Are Not Able to Live in the Sky: The Seductive Promise of Microfinance


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A deeply reported work of journalism that explores the promises and perils of microfinance, told through the eyes of international lenders and women borrowers in West Africa In the mid-1970s, Muhammad Yunus, an American trained Bangladeshi economist, met a poor female stool maker who needed money to expand her business. In an act widely known as the beginning of microfinance, Yunus lent $27 to forty-two women, hoping small credit would help the women pull themselves out of poverty. Soon, Yunus’s Grameen Bank was born, and the idea of giving very small, high-interest loans to poor people took off. In 2006, Yunus and the Grameen Bank won the Nobel Peace Prize for “efforts to create economic and social development from below.” But there’s a problem with this story. There are mounting concerns that these small loans are as likely to bury poor people in debt as they are to pull them from poverty, with borrowers from India to Kenya facing consequences such as jail time and forced land sales. Reportedly hundreds have even committed suicide. What happened? Did microfinance take a wrong turn, or was it flawed from the beginning? Mara Kardas-Nelson’s We Are Not Able to Live in the Sky is about unintended consequences, blind optimism, and the decades-long ramifications of seemingly small policy choices. The book is rooted in the stories of women borrowers in Sierra Leone, West Africa. Their narratives, woven through a deep history of modern international development, are set against the rise of Yunus’s vision that tiny loans would “put poverty in museums.” Kardas-Nelson asks: What is missed with a single, financially focused solution to global inequity that ignores the real drivers of poverty? Who stands to benefit and, more important, who gets left behind?

We Are Not Able to Live in the Sky: The Seductive Promise
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The Seductive Promise of Microfinance (Hardcover)
We Are Not Able to Live in the Sky: The Seductive Promise of Microfinance (Hardcover) ; Contact. Harvard Book Store 1256 Massachusetts Avenue Cambridge, MA 02138.
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We Are Not Able To Live In The Sky: The Seductive
We Are Not Able To Live In The Sky: The Seductive Promise Of Microfinance ARC · MaPaMod (7791) · 99.7% positive feedback 
We Are Not Able to Live in the Sky | Mara Kardas-Nelson
We Are Not Able to Live in the Sky. The Seductive Promise of Microfinance microfinance doesn't work – at least not as promised. We Are Not Able to Live in 
We Are Not Able to Live in the Sky: The Seductive Promise
A deeply reported work of journalism that explores the promises and perils of microfinance, told through the eyes of those who work in small-scale lending 
We Are Not Able to Live in the Sky: The Seductive Promise
A deeply reported work of journalism that explores the promises and perils of microfinance, told through the eyes of those who work in small-scale lending 
We Are Not Able to Live in the Sky: The Seductive Promise
What happened? Did microfinance take a wrong turn, or was microfinance flawed from the beginning? Mara Kardas-Nelson's We Are Not Able to Live in the Sky is a 
We Are Not Able to Live in the Sky: The Seductive Promise
In an act known as the beginning of microfinance, Yunus lent $27 to 42 women, hoping small credit would help them to pull themselves out of poverty. Soon, Yunus 
The Seductive Promise of Microfinance (Hardcover)
Description. A deeply reported work of journalism that explores the promises and perils of microfinance, told through the eyes of those who work in 
Mara Kardas-Nelson — We Are Not Able to Live in the Sky
Hundreds have even reportedly committed suicide. What happened? Did microfinance take a wrong turn, or was microfinance flawed from the beginning? Mara Kardas- 
Social Science / Developing & Emerging Countries
Browse Books: Social Science / Developing & Emerging Countries · We Are Not Able to Live in the Sky: The Seductive Promise of Microfinance By · Who Runs the World 
We Are Not Able to Live in the Sky: The Seductive Promise
We Are Not Able to Live in the Sky: The Seductive Promise of Microfinance (Hardcover) · Description · About the Author · Praise For…

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