Microfinance, poverty relief, and political justice

Miriam Ronzoni, Laura Valentini

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

2 Citations (Scopus)

Abstract

Microfinance - the practice of providing small loans to promote entrepreneurial activity among those with few financial assets - is increasingly seen as a sustainable means of aiding the global poor. Perhaps its most influential advocate, Nobel Laureate Muhammad Yunus, has claimed that there is a human right to microfinance, given its potential for poverty alleviation. This book directs critical philosophical attention at this very widely used and praised poverty-reducing measure. In chapters that discuss microfinance schemes and models around the world, internationally renowned contributors address important questions about both the positive impact of microfinance and cases of exploitation and repayment pressure. Exploring how far microfinance can or should be situated within broader concerns about justice, this volume sheds light on ethical issues that have so far received little systematic attention, and it advances discussion on new human rights, exploitation, and global justice.
Original languageEnglish
Title of host publicationMicrofinance, Rights and Global Justice
EditorsTom Sorell, Luis Cabrera
Place of PublicationCambridge, UK.
PublisherCambridge University Press
Pages84-104
Number of pages21
ISBN (Print)9781316275634
DOIs
Publication statusPublished - 2015

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