Role of microfinance in disaster mitigation
Purpose - In the context of the Indian subcontinent, aims to examine the suitability of using microfinance for natural disaster risk reduction at the household and community level, and also of delivering it in the wake of a natural disaster.Design methodology approach - Explains microfinance strateg...
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Veröffentlicht in: | Disaster prevention and management 2005-04, Vol.14 (2), p.176-182 |
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creator | Anand Kumar, T.S. Newport, Jeyanth K. |
description | Purpose - In the context of the Indian subcontinent, aims to examine the suitability of using microfinance for natural disaster risk reduction at the household and community level, and also of delivering it in the wake of a natural disaster.Design methodology approach - Explains microfinance strategies comprising: diversifying income source; designing new loan products; risk management; sustainability of microfinance institutions post-disaster; liquidity management post-disaster, etc.Findings - States that microfinance should be recognized as one of a series of measures within a disaster risk management strategy. Along with eco-friendly farming it can help overcome poverty in developing countries.Originality value - Probably the first real attempt to explore the importance of microfinance interventions in natural disasters both at the personal level and generally. |
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subjects | Agriculture Cost control Developing countries Disaster management Disaster relief Disaster risk Disasters Emergency communications systems Emergency preparedness Employment Financial services Households India Insurance companies LDCs Lending Liquidity Loans Microeconomics Microfinance Natural disasters Poverty Rehabilitation Risk management Risk reduction Small business Studies |
title | Role of microfinance in disaster mitigation |
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