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005			20260727171532.0
008			260727b |||||||| |||| 00| 0 eng d
020			_a9788132110088
082			_a332 HAR
100			_aHarper, Malcolm
245			_aWhose sustainability counts? _b: BASIX 's long march from microfinance to livelihoods _c/Malcolm Harper; Lalitha Iyer and Jane Rosser.
260			_aNew Delhi _b: Sage Publications _c, 2012
300			_ax, 286 p. _c; 22 cm.
520			_aSeveral recent events have undermined confidence in microfinance and microfinance institutions (MFIs). These events range from the collapse of the microfinance industry in Andhra Pradesh to the Bangladesh governments dismissal of Grameen Bank President Muhammad YunusNobel Prize laureate and venerated father of microcreditto the increasing publicity about micro-loan debt bondage and debt-induced suicides of MFI clients. What do these crises signify for the future of microfinance? Are the basic principles of finance for the poor salvageable? Can the model be improved? From its inception in 1996, BASIXone of the largest microfinance institutions in Indiahas realized that focusing solely on loans will not improve the lives of its poor clients. Recognizing that the complex problems of poverty require complex solutions, it has melded financial services with livelihood development and institutional sustainability to achieve its goals, all the while maintaining impeccable ethical standards and practices of social inclusion. The BASIX experience presents a vital model for a revamped microfinance organization of the future, one that responds to clients diverse needs equitably and effectively.
650			_aSocial Science
650			_aRural Poor,Microfinance
650			_aEconomy
700			_aIyer,Lalitha
700			_aRosser,Jane
942			_cVC OFFICE
999			_c70541 _d70541