Abstract

PurposeIn 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/approachExplains microfinance strategies comprising: diversifying income source; designing new loan products; risk management; sustainability of microfinance institutions post‐disaster; liquidity management post‐disaster, etc.FindingsStates 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/valueProbably 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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