L'issue paradoxale du mouvement social contre la microfinance “néolibérale” au Nicaragua: une analyse politique

Johan Bastiaensen, Peter Marchetti, René Mendoza and Francisco Pérez

Mondes en développement, 2013, vol. n° 163, issue 3, 51-68

Abstract: In ?progressive circles?, microfinance is often denounced as a neoliberal project against the poor?s interests. The recent crises and rebellions led by the customers are seen in a positive light and would announce the end of the ?microfinance paradigm?. This study of the Nicaraguan crisis emphasizes the variegated nature of microfinance and exposes the paradoxical outcomes of the crisis: reconcentration on petty commercial microcredit and increased power of agribusiness elites. It illustrates the need for more careful political analysis and innovative alliances for rural change.

Keywords: microfinance; agricultural value chains; rural elites; resistance; nonpayment movement; Nicaragua; Latin-American Left (search for similar items in EconPapers)
Date: 2013
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