Digital Commons Network^™

Grains, Greenbacks And Governance : The Political Economy Of Rural Microfinance In Nicaragua, Courtney B. Kurlanska

Legacy Theses & Dissertations (2009 - 2024)

This research examines the livelihood strategies of rural agriculturalists in Nicaragua in relation to the availability of microcredit and microfinance. Since its emergence as a tool for development in the 1970 microlending has become a key tactic for many developing countries in their attempt to reduce poverty and improve the lives of the poor. With the arrival of the global recession, however, the weaknesses of this strategy were highlighted as growing numbers of individuals around the globe struggled to make payments on their microloans. Faced with shame, loss of land and property, or jail, debtors around the globe responded to …