Cover of Microfinance and Its Discontents: Women in Debt in Bangladesh

Microfinance and Its Discontents: Women in Debt in Bangladesh

In 2006 the Grameen Bank of Bangladesh won the Nobel Peace Prize for its innovative microfinancing operations. This path-breaking study of gender, grassroots globalization, and neoliberalism in Bangladesh looks critically at the Grameen Bank and three of the leading NGOs in the country. Amid euphoria over the benefits of microfinance, Lamia Karim offers a timely and sobering perspective on the practical, and possibly detrimental, realities for poor women inducted into microfinance operations.

Read more

In a series of ethnographic cases, Karim shows how NGOs use social codes of honor and shame to shape the conduct of women and to further an agenda of capitalist expansion. These unwritten policies subordinate poor women to multiple levels of debt that often lead to increased violence at the household and community levels, thereby weakening women's ability to resist the onslaught of market forces.

A compelling critique of the relationship between powerful NGOs and the financially strapped women beholden to them for capital, this book cautions us to be vigilant about the social realities within which women and loans circulate—realities that often have adverse effects on the lives of the very women these operations are meant to help.

Audience
adult
Length
medium · 296 pages

Click a tag to see books like this one that share it. Point at it (on a phone, tap it) for less of it instead.

Read it? Sign in to help tag it.

Liked Microfinance and Its Discontents: Women in Debt in Bangladesh? Here’s where I’d start.

These suit anyone who liked Microfinance and Its Discontents: Women in Debt in Bangladesh. Sign in and mark a few books for picks shaped around your own taste.

  1. Teach a Woman to Fish: Overcoming Poverty Around the Globe Shares development, nonfiction, feminism
  2. Aid on the Edge of Chaos: Rethinking International Cooperation in a Complex World Shares development, nonfiction
  3. Whose Reality Counts?: Putting the first last Shares development, nonfiction
  4. The Development Dictionary: A Guide to Knowledge as Power Shares development, nonfiction

“If you want more of the same, start with these.”

  1. Revenge
  2. No Country for Women
  3. Sultana's Dream: And Selections from The Secluded Ones
  4. Lajja: Shame

“If it was the development that hooked you, try one of these.”

  1. Where Soldiers Fear to Tread: A Relief Worker's Tale of Survival
  2. Global Governance and the New Wars: The Merging of Development and Security
  3. The Post-Development Reader
  4. Infinite Vision: How Aravind Became the World's Greatest Business Case for Compassion

“These start from a similar idea, even if they go somewhere else with it.”

  1. The Economics of Microfinance
  2. Why Doesn't Microfinance Work?: The Destructive Rise of Local Neoliberalism
  3. Confessions of a Microfinance Heretic: How Microlending Lost Its Way and Betrayed the Poor
  4. A Fistful of Rice: My Unexpected Quest to End Poverty Through Profitability