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The French context of microfinance: A socioeconomic approach of short financial relationships through modern “solidarity-based” financial structures and actors

Pascal Glémain ()

International Journal of Social Economics, 2009, vol. 36, issue 12, 1118-1132

Abstract: Purpose - The first French context of microfinance dates from the 1980's. As a matter of fact, the “grameen bank” model was imported at this time to France by M. Nowak, through her Association for an individual right to undertake: “ Design/methodology/approach - A typology of social banking actors is proposed. The nature of responsibility of each actor of this Findings - Social and solidarity-based economy needs to be recognized by contemporary economics. Solidarity-based finance shows us that another sustainable development model is possible. Originality/value - This paper provides incentive to other social economists to continue this work in cooperation.

Keywords: Banking; Finance companies; Social responsibility; France (search for similar items in EconPapers)
Date: 2009
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