By Caroline E. Schuster
Microcredit is a part of a world development of economic inclusion that brings banking prone, specifically small loans, to the world’s negative. during this ebook, Caroline Schuster explores Paraguayan cohesion lending as a window into the tensions among social improvement and international finance.
Social Collateral tracks collective debt around the advertisement society and smuggling economies on the Paraguayan border via studying crew loans made to ladies via nonprofit improvement courses. those hugely regulated loans are secured via mutual aid and peer pressure—social collateral—rather than via actual collateral. This tale of social collateral inevitably contains an interwoven account concerning the feminization of team spirit lending. At its middle is an financial system of gender—from pink-collar monetary paintings, to men’s committees, to ladies smugglers. At stake are interdependencies that bind debtors and creditors, monetary applied sciences, and Paraguayan improvement in ways in which constitution either international inequality and worldwide opportunity.
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Additional resources for Social Collateral: Women and Microfinance in Paraguay’s Smuggling Economy
Social Collateral: Women and Microfinance in Paraguay’s Smuggling Economy by Caroline E. Schuster