| Lessons from a microfinance recapitalisation programme. | |
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MedLine Citation:
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PMID: 19863569 Owner: NLM Status: MEDLINE |
Abstract/OtherAbstract:
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Following a major disaster, microfinance institutions (MFIs) often face high levels of bad debt, which may require the institutions to be recapitalised. This paper describes a recapitalisation programme implemented by the SANASA movement of Sri Lanka in 390 microfinance societies following the December 2004 tsunami, and highlights lessons for other similar programmes. MFI recapitalisation is a good use of funds in post-disaster situations. To create successful programmes, donors should expect to relax some of their usual project requirements and MFIs should focus on maintaining credit discipline. |
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Authors:
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Angus Poston |
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Publication Detail:
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Type: Journal Article Date: 2009-10-26 |
Journal Detail:
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Title: Disasters Volume: 34 ISSN: 1467-7717 ISO Abbreviation: Disasters Publication Date: 2010 Apr |
Date Detail:
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Created Date: 2010-05-21 Completed Date: 2010-09-28 Revised Date: - |
Medline Journal Info:
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Nlm Unique ID: 7702072 Medline TA: Disasters Country: England |
Other Details:
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Languages: eng Pagination: 328-36 Citation Subset: IM |
Affiliation:
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United Kingdom. gus.poston@gmail.com |
Export Citation:
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| MeSH Terms | |
Descriptor/Qualifier:
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Disasters
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economics* Financial Management / methods* Humans Organizational Case Studies Relief Work / economics* Sri Lanka Tidal Waves / economics* |
From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
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