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In many countries in Africa and Asia, rotating savings and credit associations underpin much of the economy. This survey covers the wide range of literature on these associations. Published with Centre for Cross-Cultural Research on Women.
On most continents - from the USA to Africa and Asia - various forms of rotating savings and credit associations (ROSCAs) serve men and women of the community, often as their major -- and sometimes their only -- savings institution. ROSCAs are self-help money-pooling associations with participants who agree to make regular contributions to a fund which is given, in whole or in part, to each contributor in rotation. Many ROSCAs have elaborate systems to cope with inflation, default and the distribution of benefits. In providing important social and welfare resources they constitute valuable social capital.This unique volume of case studies by an international group of experts, which examines ROSCAs on a worldwide basis, will be of interest to anyone studying or concerned with anthropology, economics, women's issues, and especially the welfare of the less developed countries and immigrant communities in 'the West'.
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They are known as cundinas or tandas in Mexico, and for many people these local savings-and-loan operations play an indispensable role in the struggle to succeed in today’s transborder economy. With this extensively researched book, Carlos Vélez-Ibáñez updates and expands upon his major 1983 study of rotating savings and credit associations (ROSCAs), incorporating new data that reflect the explosion of Mexican-origin populations in the United States. Much more than a study of one economic phenomenon though, the book examines the way in which these practices are part of greater transnational economies and how these populations engage in—and suffer through—the twenty-first century glo...
The twentieth century should be remembered in missions as the time when women got lost. Over that time, the voices of women missionaries, leaders, and facilitators of new Christian movements were all too often excluded from missiological discourse and strategic mission discussion. It is hoped that this book signals a revival in the contribution of women to mission in a way that values what they have to offer.
Beyond Micro-Credit sets out how Indian Micro-Finance Initiatives are combining micro-finance with a wide range of development goals, these include not only poverty alleviation through providing savings, credit and insurance services but also promoting livelihoods, empowering women, building people's organizations and changing institutions.
Explores how foreign banks financially connected modern China to international capital markets and the global economy.