TY - BOOK AU - Hossein,Caroline Shenaz TI - Politicized microfinance: money, power, and violence in the Black Americas SN - 9781442648203 (cloth) AV - HG178.33.C27 H68 2016 U1 - 332.09729 HOS.P 23 PY - 2016///] CY - Toronto, Buffalo, London PB - University of Toronto Press KW - Microfinance KW - Political aspects KW - Caribbean Area KW - Social aspects KW - History KW - Blacks KW - Economic conditions KW - Social conditions KW - Aspect politique KW - Caraïbes (Région) KW - Aspect social KW - Histoire KW - Noirs KW - Conditions économiques KW - Conditions sociales N1 - Includes bibliographical references (pages 175-197) and index; Microfinance and Black people -- Contextualizing microfinance in Jamaica, Guyana, and Haiti -- Cultural politics, bias, and microfinance -- Violence against borrowers and lenders in microfinance -- Alternative banking among the African diaspora -- Banking on indigenous systems N2 - "When Grameen Bank was awarded the Nobel Peace Prize in 2006, microfinance was lauded as an important contributor to the economic development of the Global South. However, political scandals, mission-drift, and excessive commercialization have tarnished this example of responsible development. Politicized Microfinance insightfully discusses these negative developments while providing a path towards redemption. In this work, Caroline Shenaz Hossein explores the politics, histories and social prejudices that have shaped the legacy of microfinance in Grenada, Guyana, Haiti, Jamaica and Trinidad. Writing from a feminist perspective and via individual interviews, focus groups, historical analysis, ethnographic methods and participant observation, Hossein offers multiple solutions that prioritize the needs of marginalized and historically oppressed people of African descent. A must read for scholars of political economy, diasporas studies, women's studies, as well as development practitioners, Hossein deftly argues for microfinance to return to its origins as a political tool, fighting for those living in the margins."-- ER -