Social and Behavioral Sciences Commons^™

Constituting The Entrepreneurial Poor: Social Capital, Development, And The Contemporary Microfinance Industry, Luke Allen

Political Science Honors Projects

The contemporary microfinance industry struggles to manage the tensions that arise from its competing roles as a tool in the fight against poverty and as a lucrative financial market. I contend that the microfinance industry manages these tensions through discourses that emphasize the entrepreneurialism of the poor in the Global South. Furthermore, I argue that the industry attempts to constitute the entrepreneurial "microfinance subject" through networks of coalitions, discourses, personnel, and technologies. These networks produce and distribute new forms of risk onto these subjects, necessitating a critical response.