The microcredit mousetrap: A long way from fighting poverty in Mexico

IF 0.5 Q3 SOCIAL SCIENCES, INTERDISCIPLINARY

CULTURAL DYNAMICS Pub Date : 2022-08-01 DOI:10.1177/09213740221120304

Antonio Orozco Ramos

引用次数: 0

Abstract

In Mexico microcredit has deviated from its original purpose of fighting poverty to oppress those whom it was supposed to help through high interest rates and over-indebtedness. There 42% of the population is poor, fighting poverty is paramount. Three decades ago, microcredit (which is different from microfinance), took root as a new, promising tool to help millions of people, who have historically been excluded from the traditional financial system, emerge from the grip of poverty. From the outset, microcredit usurped the place of microfinance in the fight against poverty, as it set aside the most effective financial tool: savings.

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小额信贷捕鼠器：墨西哥距离消除贫困还有很长的路要走

在墨西哥，小额信贷已经偏离了其消除贫困的初衷，通过高利率和过度负债来压迫那些本应得到帮助的人。那里42%的人口是穷人，与贫困作斗争是最重要的。三十年前，小额信贷（不同于小额信贷）作为一种新的、有前景的工具生根发芽，帮助数百万历史上被排除在传统金融体系之外的人摆脱贫困。从一开始，小额信贷就取代了小额信贷在消除贫困方面的地位，因为它留出了最有效的金融工具：储蓄。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

CULTURAL DYNAMICS SOCIAL SCIENCES, INTERDISCIPLINARY-

CiteScore

0.90

自引率

0.00%

发文量

期刊介绍： Our Editorial Collective seeks to publish research - and occasionally other materials such as interviews, documents, literary creations - focused on the structured inequalities of the contemporary world, and the myriad ways people negotiate these conditions. Our approach is adamantly plural, following the basic "intersectional" insight pioneered by third world feminists, whereby multiple axes of inequalities are irreducible to one another and mutually constitutive. Our interest in how people live, work and struggle is broad and inclusive: from the individual to the collective, from the militant and overtly political, to the poetic and quixotic.