Financializing Poverty: Labor and Risk in Indian Microfinance (South Asia in Motion)
Current price:
$120.00
Publication Date: July 10th, 2018
Publisher:
Stanford University Press
ISBN:
9781503604841
Pages:
280
Description
In India, a growing number of for-profit microfinance institutions (MFIs) have emerged, promising social and economic empowerment while, in reality, they have mainly succeeded at enfolding the poor into the vast circuits of global finance. This book ethnographically examines how the emergence of MFIs has allowed financial institutions in the city of Kolkata to capitalize on the poverty of its residents.