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Constituting the Entrepreneurial Poor: Social Capital, Development, and the Contemporary Microfinance Industry

Year: 2014

Type: article

Abstract: The contemporary microfinance industry struggles to manage the tensions that arise from its competing roles as a tool in the fight against poverty and as a lucrative financial market. I contend that the microfinance industry manages these tensions through discourses that emphasize the entrepreneurialism of the poor in the Global South. Furthermore, I argue that the industry attempts to constitute the entrepreneurial "microfinance subject" through networks of coalitions, discourses, personnel, and technologies. These networks produce and distribute new forms of risk onto these subjects, necessitating a critical response.

Source: DigitalCommons-Macalester (Macalester College)

Author: Luke Allen

Language: English

Topic: Microfinance and Financial Inclusion

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Decent work and economic growth, No poverty

Open Access status: green

OpenAlex ID: W184119642

FWCI:

Cites: 33

Cited by:

Related to: 10