Micro-credit and farmers' income

Author: Sun Ruomei
Publisher:
Publish Date: 2006-01-01
Features: Microfinance is financial service for the poor and is regarded as an effective tool to alleviate poverty, carrying people's hopes and ideals. So, how effective is this innovative approach in combating poverty? This book presents the findings of a study on the impact of microfinance on poverty alleviation and increasing farmers' income. The entire book not only systematically organizes and elaborates on the connotation, development process, and evolution of economic thought in microfinance, poverty targeting, as well as the pathways and extent of credit's impact on farmers' income, but also conducts empirical testing and analysis using hand-collected survey data from rural microfinance practices in China (poverty alleviation cooperatives), drawing corresponding conclusions and policy recommendations. This book will benefit researchers in the development field, students, policymakers, and practitioners of microfinance.