@book{fdi:010075066, title = {{T}he crises of microcredit}, author = {{G}u{\'e}rin, {I}sabelle and {L}abie, {M}. and {S}ervet, {J}.{M}.}, editor = {{G}u{\'e}rin, {I}sabelle and {L}abie, {M}. and {S}ervet, {J}.{M}.}, language = {{ENG}}, abstract = {{M}icrocredit programmes, long considered efficient development tools, now face unprecedented crises in a number of countries. {I}s this the end of microcredit or rather an essential step in its expansion? {S}hould we stop microcredit altogether or rethink the way it is implemented? {D}rawing on extensive empirical research conducted in various parts of the world - from {M}orocco to {S}enegal to {I}ndia - this important volume examines the whole chain of microcredit to provide the answers to these questions. {I}n doing so, the authors highlight the diversity of crises, both in intensity and in nature, while also shedding light on a diversity of causes, be it microcredit organizations unprepared for massive growth, saturated local economies or greedy investors and shareholders attracted by profits. {C}rucially, the authors demonstrate that microcredit is not a monolithic project, and the crises should also be analysed in the light of national histories and policies.}, keywords = {{INDE} ; {SENEGAL} ; {MAROC} ; {DOMINICAINE} {REPUBLIQUE}}, address = {{L}ondres}, publisher = {{Z}ed {B}ooks}, series = {}, pages = {224}, year = {2015}, ISBN = {978-1-78360-374-9}, URL = {https://www.documentation.ird.fr/hor/fdi:010075066}, }