The prevention of debt bondage with microfinance-led services

被引:0
作者
Daru P. [1 ]
Churchill C. [1 ]
Beemsterboer E. [1 ]
机构
[1] Social Finance Programme, International Labour Organization, Geneva
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D O I
10.1080/09578810500066704
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摘要
Millions of the poorest and most vulnerable workers in South Asia are bonded to their employers as they strive, often in vain, to repay loans. The root causes of this bondage include: inter-linked and monopolistic labour and credit markets, deeply entrenched social exclusion, and asymmetric information particularly regarding legal rights. The International Labour Organization, together with its social partners and other relevant stakeholders, is pilot testing microfinance-led prevention strategies in India, Pakistan, Nepal and Bangladesh. This paper describes this initiative and summarises the early findings of this effort. © 2005 Taylor & Francis Group Ltd.
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页码:132 / 154
页数:22
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