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- W1962877905 abstract "Micro credit/finance is an attempt to break the vicious circle of poverty by providing the poor an investible sum. But the impact of micro credit/finance programmes often comes out to be non-significant following which the micro credit injection is considered to have failed. This paper adopts an alternative perspective of the whole problem and puts forth the concept of consumption sinkholes. These consumption sinkholes, even leaved unsatured prior to making a micro credit injection, may cause the investment to be ineffective. The paper tries to explain the process and also suggests a strategy which can be used to deal with consumption sinkholes effectively." @default.
- W1962877905 created "2016-06-24" @default.
- W1962877905 creator A5002709725 @default.
- W1962877905 date "2008-11-25" @default.
- W1962877905 modified "2023-09-28" @default.
- W1962877905 title "First Things First...! Breaking the Vicious Circle of Poverty" @default.
- W1962877905 hasPublicationYear "2008" @default.
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