Searching for the Middle Path in Microfinance Delivery

Kumar, Mukul and Sarma, Sushanta Kumar (2016) Searching for the Middle Path in Microfinance Delivery. Searching for the Middle Path in Microfinance Delivery, 46 (4). pp. 512-525.

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Contrary to conventional understanding of microfinance delivery approach as either non-profit or for-profit model of delivery, the paper argues that there exists a middle path. The middle path assembles the scalability of a for-profit approach as well as the client-centredness of a non-profit approach. A community-based microfinance organisation, People’s Rural Education Movement (PREM), operating as a social movement organisation, has been able to successfully combine the pressure of outreach and sustainability without compromising on the focus on poverty. Through a federated structure, a holistic approach to poverty alleviation, and an emphasis on keeping the poor at the centre of decision making, PREM has been able to create an ‘enabling approach’ to microfinance which is demanddriven and maneuvered by people at the receiving end.

Item Type: Article
Uncontrolled Keywords: Microfinance; social movement organisations; SHGs; enabling approach
Subjects: Finance
Divisions: Finance and Strategy
Depositing User: Ms. Sachitha R
Date Deposited: 21 Sep 2018 09:28
Last Modified: 21 Sep 2018 09:28

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