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The Other Financial Crisis: Growth and crash of the microfinance sector in India

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  • Christa Wichterich

Abstract

Christa Wichterich examines the integration of women into the financial market and the role borrowers of microcredits play. She argues that lending to women and microcredits as a main source of income has brought a financialization of everyday life to Indian villages resulting in a feminization of indebtedness.

Suggested Citation

  • Christa Wichterich, 2012. "The Other Financial Crisis: Growth and crash of the microfinance sector in India," Development, Palgrave Macmillan;Society for International Deveopment, vol. 55(3), pages 406-412, September.
    • Handle: RePEc:pal:develp:v:55:y:2012:i:3:p:406-412
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    Citations

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    Cited by:

    1. Radhakrishnan, Smitha, 2015. "“Low Profile” or Entrepreneurial? Gender, Class, and Cultural Adaptation in the Global Microfinance Industry," World Development, Elsevier, vol. 74(C), pages 264-274.
    2. Yuriy Lupenko & Svitlana Andros, 2020. "Modeling the Credit System in the Conditions of Interaction of the Banking Sector with Microfinance Organizations for Financial Support of Agricultural Business," Oblik i finansi, Institute of Accounting and Finance, issue 2, pages 74-80, June.
    3. Rahul Nilakantan & Deepak Iyengar & Samar K. Datta & Shashank Rao, 2021. "On Ethical Violations in Microfinance Backed Small Businesses: Family and Household Welfare," Journal of Business Ethics, Springer, vol. 172(4), pages 785-802, September.
    4. Hailu Abebe Wondirad, 2020. "Competition and microfinance institutions’ performance: evidence from India," International Journal of Corporate Social Responsibility, Springer, vol. 5(1), pages 1-19, December.
    5. Prasheela Karan & Jung-Sook Lee & Richard Hugman, 2021. "Combatting Gender Oppression: Applying Intersectionality in Microfinance Self-help Groups," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 33(6), pages 1649-1665, December.
    6. Aruna Balammal & R. Madhumathi & M.P. Ganesh, 2016. "Pentagon Performance Model of Indian MFIs," Paradigm, , vol. 20(1), pages 1-13, June.
    7. Begoña Gutiérrez-Nieto & Carlos Serrano-Cinca & Beatriz Cuéllar-Fernández & Yolanda Fuertes-Callén, 2017. "The Poverty Penalty and Microcredit," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 133(2), pages 455-475, September.

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