You are here

Multiple Meanings of Money

Multiple Meanings of Money
How Women See Microfinance

First Edition

September 2009 | 288 pages | SAGE India
Multiple Meanings of Money: How Women See Microfinance analyses what microfinance and money mean to women; focusing on the perspectives of individual women and of women-only groups. It explores women’s money management strategies, group dynamics and learning processes in groups. It discusses the divergence in the perspectives of external intervening agencies and those of women who are members of self-help groups (SHGs). Based on case studies and participatory research methods, the discourse spans issues from macro to micro level and focuses on women as agents of change in their own livelihoods.

The book will be an asset for professionals working in the sectors of microfinance and gender issues, as well as for policy makers. It will be equally useful for those studying and engaged in social work.
Interpreting Multiple Meanings of Money
Poverty in India and Role of Microfinance
Livelihoods Context
Use of Money by Individuals and Groups
Use of Money by Groups and Group Dynamics
Conclusions and Reflections

An interesting composition of detailed evidences in the form of case studies of individuals and the self-help groups (SHG) and monographs… the book concludes that microfinance can bring about a social change with a few moderations and changes in the terms and conditions in the extension of credit facilities, taking into account the person’s social and economic status.

The Book Review

This book analyses what microfinance and money mean to women. In doing so, it focuses on the per­spectives of individual women and those in groups. Based on case studies and participatory research methods, it explores women's money management strategies, group dynamics and learning processes…. Professionals working in micro finance and gender issues, and policy makers, will find the book enriching.

Civil Society

In this book, Smita Premchander, with her sustained grassroots understanding, has done a commendable job of delving into women`s life experiences and elaborating the meanings of money from their perspectives.

The book takes a feminist approach, as it questions the benefits and costs of development programmes for women…Money is a social relationship. It is a continued relationship of mutual trust. This book succinctly elaborates how relationships of trust are built, based on mutual respect. On the contrary, when women are seen merely as beneficiaries or clients, no relationships are formed and there is no possibility of empowerment.

Elaben Bhatt
founder of India`s Self-Employed Women`s Association (SEWA)

Smita Premchander

Smita Premchander is the founder and secretary of Sampark and has 25 years of experience in development work. She has been a trainer and consultant for gender, microfi nance and microenterprise—both in India and internationally. Her expertise relates to evaluation and design of effective and pro-poor development projects, spanning grassroots development, organisational and programme issues and policy change. She completed a short term assignment with the International Labor Offi ce (ILO), Geneva, as a specialist in Impact Evaluation for Job Creation and  Enterprise Development. She has completed about 19 impact and evaluation studies... More About Author

V Prameela

V Prameela is a micro enterprise and livelihood specialist with 15 years of experience and has conducted various impact and evaluation studies. She has worked as a livelihood and micro-enterprise consultant for national and international clients of International Labor Organization such as (ILO), CARE–India (Gujarat, Andhra Pradesh); FAO of the United Nations, Bangkok; Christian Aid, New Delhi; World Bank and NDDB, Bangalore and UNOPS, Malaysia. She also works as a trainer and counsellor in enterprise development and conducted several enterprise development-training programmes for both front line staff and directly for women at the... More About Author

M Chidambaranathan

M Chidambaranathan is a development professional engaged in consultancy and grassroots- based projects through an NGO based in Bangalore. His areas of expertise include sustainable rural livelihood systems, microfi nance, people’s organisations, gender and leadership, natural resource management and social learning process. The nature of assignments he has conducted over 15 years for both national and international agencies span research, participatory impact and evaluation studies, designing impact monitoring systems, training NGO staff, strategy planning for development projects, fund-raising and coordination of fi eld-based poverty... More About Author

L Jeyaseelan

L Jeyaseelan has Masters’ degree in Social Work and has been engaged with development projects for over 15 years. His areas of expertise include children’s education, microfi nance, enterprise development and capacity building of people’s organisations. Currently he is working with Sampark, an NGO based in Bangalore as a programme manager for its rural development project in Koppal. Here he has been involved in managing programmes such as microfi nance, micro-enterprise, health, children’s education, vocational training and development of people’s institutions. He was involved in several participatory research and impact evaluation studies... More About Author

Purchasing options

Please select a format:

ISBN: 9788132101697

SAGE Knowledge is the ultimate social sciences digital library for students, researchers, and faculty. Hosting more than 4,400 titles, it includes an expansive range of SAGE eBook and eReference content, including scholarly monographs, reference works, handbooks, series, professional development titles, and more.

The platform allows researchers to cross-search and seamlessly access a wide breadth of must-have SAGE book and reference content from one source.