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
Hauptverfasser: Anand Kumar, T.S., Newport, Jeyanth K.
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container_title Disaster prevention and management
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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.
doi_str_mv 10.1108/09653560510595173
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source Emerald Complete Journals; Standard: Emerald eJournal Premier Collection
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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