{"id":11865,"date":"2011-12-14T09:17:22","date_gmt":"2011-12-14T17:17:22","guid":{"rendered":"http:\/\/csws.uoregon.edu\/?p=11865"},"modified":"2013-07-01T10:41:13","modified_gmt":"2013-07-01T17:41:13","slug":"sebastian-strangio-is-microfinance-pushing-the-worlds-poorest-even-deeper-into-poverty-the-new-republic","status":"publish","type":"post","link":"https:\/\/csws-archive.uoregon.edu\/sebastian-strangio-is-microfinance-pushing-the-worlds-poorest-even-deeper-into-poverty-the-new-republic\/","title":{"rendered":"Sebastian Strangio: Is Microfinance Pushing The World\u2019s Poorest Even Deeper Into Poverty? | The New Republic"},"content":{"rendered":"<p><a title=\"The New Republic\" href=\"http:\/\/www.tnr.com\/article\/world\/98499\/microfinance-drive-poverty#.TujZk8wCTMg.wordpress\" target=\"_blank\">Sebastian Strangio: Is Microfinance Pushing The World\u2019s Poorest Even Deeper Into Poverty? | The New Republic<\/a>.<\/p>\n<p><strong><em>December 14, 2011\u2014CSWS Associate Director Lamia Karim quoted in The New Republic:<\/em><\/strong><\/p>\n<p>&#8230;\u201cSkepticism of microfinance and its benefits, meanwhile, has migrated to  the academy as well. Lamia Karim, an anthropologist at the University of  Oregon and the author of <a title=\"UMinn Press\" href=\"http:\/\/www.upress.umn.edu\/book-division\/books\/microfinance-and-its-discontents\" target=\"_blank\"><em>Microfinance and Its Discontents<\/em><\/a>,  has questioned the claim that offering small loans directly to  Bangladeshi women has been empowering. On the contrary, she has found  women are often pressured to hand over loans to their husbands or male  relatives. At the same time, microcredit agencies have created what she  terms an \u201ceconomy of shame,\u201d in which the traditional role of women as  bearers of \u201cfamily honor\u201d is used to leverage repayments\u2014a key yardstick  of MFIs\u2019 success. (Grameen, for instance, proudly trumpets a loan recovery rate of close to 97 percent). To avoid the public shame  of default, many women take out additional loans from different  lenders, and quickly find themselves mired in a quicksand of debt.\u201d&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sebastian Strangio: Is Microfinance Pushing The World\u2019s Poorest Even Deeper Into Poverty? | The New Republic. December 14, 2011\u2014CSWS Associate Director Lamia Karim quoted in The New Republic: &#8230;\u201cSkepticism of microfinance and its benefits, meanwhile, has migrated to the academy&hellip;<\/p>\n<p class=\"more-link-p\"><a class=\"more-link\" href=\"https:\/\/csws-archive.uoregon.edu\/sebastian-strangio-is-microfinance-pushing-the-worlds-poorest-even-deeper-into-poverty-the-new-republic\/\">Read more &rarr;<\/a><\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[8,20,70],"tags":[],"class_list":["post-11865","post","type-post","status-publish","format-standard","hentry","category-books","category-csws-staff","category-microfinance"],"_links":{"self":[{"href":"https:\/\/csws-archive.uoregon.edu\/wp-json\/wp\/v2\/posts\/11865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/csws-archive.uoregon.edu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/csws-archive.uoregon.edu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/csws-archive.uoregon.edu\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/csws-archive.uoregon.edu\/wp-json\/wp\/v2\/comments?post=11865"}],"version-history":[{"count":5,"href":"https:\/\/csws-archive.uoregon.edu\/wp-json\/wp\/v2\/posts\/11865\/revisions"}],"predecessor-version":[{"id":16921,"href":"https:\/\/csws-archive.uoregon.edu\/wp-json\/wp\/v2\/posts\/11865\/revisions\/16921"}],"wp:attachment":[{"href":"https:\/\/csws-archive.uoregon.edu\/wp-json\/wp\/v2\/media?parent=11865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/csws-archive.uoregon.edu\/wp-json\/wp\/v2\/categories?post=11865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/csws-archive.uoregon.edu\/wp-json\/wp\/v2\/tags?post=11865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}