Social Collateral by Caroline E Schuster

Social Collateral by Caroline E Schuster

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Summary

Microcredit is part of a global trend of financial inclusion that brings banking services, especially small loans, to the world's poor. In this book, the author explores Paraguayan solidarity lending as a window into the tensions between social development and global finance.

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Social Collateral by Caroline E Schuster

Microcredit is part of a global trend of financial inclusion that brings banking services, especially small loans, to the world's poor. In this book, Caroline Schuster explores Paraguayan solidarity lending as a window into the tensions between social development and global finance. Social Collateral tracks collective debt across the commercial society and smuggling economies at the Paraguayan border by examining group loans made to women by nonprofit development programs. These highly regulated loans are secured through mutual support and peer pressure - social collateral - rather than through physical collateral. This story of social collateral necessarily includes an interwoven account about the feminization of solidarity lending. At its core is an economy of gender - from pink - collar financial work, to men's committees, to women smugglers. At stake are interdependencies that bind borrowers and lenders, financial technologies, and Paraguayan development in ways that structure both global inequality and global opportunity.
Caroline E. Schuster is Lecturer in the School of Archaeology and Anthropology at Australian National University.
SKU Unavailable
ISBN 13 9780520287051
ISBN 10 0520287053
Title Social Collateral
Author Caroline E Schuster
Condition Unavailable
Binding Type Paperback
Publisher University of California Press
Year published 2015-10-06
Number of pages 288
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note Unavailable