Borrowing Together

Microfinance and Cultivating Social Ties

Nonfiction, Social & Cultural Studies, Social Science, Sociology, Political Science
Cover of the book Borrowing Together by Becky Yang Hsu, Cambridge University Press
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Author: Becky Yang Hsu ISBN: 9781108356138
Publisher: Cambridge University Press Publication: November 23, 2017
Imprint: Cambridge University Press Language: English
Author: Becky Yang Hsu
ISBN: 9781108356138
Publisher: Cambridge University Press
Publication: November 23, 2017
Imprint: Cambridge University Press
Language: English

In Borrowing Together, Becky Hsu examines the social aspects of the most intriguing element of group-lending microfinance: social collateral. She investigates the details of the social relationships among fellow borrowers and between borrowers and lenders, finding that these relationships are the key that explains the outcomes in rural China. People access money through their social networks, but they also do the opposite: cultivate their social relationships by moving money. Hsu not only looks closely at what transpired in the course of a microfinance intervention, but also reverses the gaze to examine the expectations that brought the program to the site in the first place. Hsu explains why microfinance's 'articles of faith' failed to comprehend the influence of longstanding relationships and the component of morality, and how they raise doubts - not only about microfinance - but also about the larger goals of development research.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

In Borrowing Together, Becky Hsu examines the social aspects of the most intriguing element of group-lending microfinance: social collateral. She investigates the details of the social relationships among fellow borrowers and between borrowers and lenders, finding that these relationships are the key that explains the outcomes in rural China. People access money through their social networks, but they also do the opposite: cultivate their social relationships by moving money. Hsu not only looks closely at what transpired in the course of a microfinance intervention, but also reverses the gaze to examine the expectations that brought the program to the site in the first place. Hsu explains why microfinance's 'articles of faith' failed to comprehend the influence of longstanding relationships and the component of morality, and how they raise doubts - not only about microfinance - but also about the larger goals of development research.

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