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Microcredit and religions : with a focus on Hinduism

Microcredit and religions : with a focus on Hinduism. Dr. Arvind ASHTA Microfinance Chair Burgundy School of Business CEREN, CERMi. My thanks to Banque Populaire de Bourgogne Franche Comté. Religion and Microfinance. RelIgion. Microfinance.

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Microcredit and religions : with a focus on Hinduism

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  1. Microcredit and religions : with a focus on Hinduism Dr. Arvind ASHTA Microfinance Chair BurgundySchool of Business CEREN, CERMi Mythanks to Banque Populaire de Bourgogne Franche Comté European Microfinance Week, Luxemburg

  2. Religion and Microfinance RelIgion Microfinance

  3. Yet not muchresearchdone on theseAbstracts in EBSCO on Dec 21, 2009 3 are common, so 17 total Note: last two columns are subsets of preceding column) Ashta & De Selva, 2010)

  4. Our possible research QuestionsAshta & De Selva 2010

  5. The spiritual and the material Very broad questions…. Lybbert (2008)

  6. Backgound information on some religionsAttuel-Mendes, Ashta & Pic, 2011, Ashta 2011

  7. How is money viewed in these relgions

  8. Interest rates and religion

  9. MFIs and religion

  10. Figure 1: The development perspective places the microentrepreneur at the centre SKDRDP furnishesmicrofinancing The temple creates the trust in SKDRDP Micro Entrepreneur SKDRDP furnishesrawmaterial SKDRDP does the marketing SKDRDP furnishestechnicaladvice Ashta 2011

  11. Figure 2: SKDRDP uses outsideprocessing SKDRDP Raw Materials Finished Goods Outside processing Microentrepreneur Microentrepreneur Microentrepreneur Ashta 2011

  12. References • Harper, Rao and Sahu (2008), « Development, Divinity and Dharma: The role of religion in development and microfinance institutions», Practical Action Publishing, Rugby, UK • Lybbert, T.J. (2008). Exploring the Role of Spiritual Capital in Poverty Traps and Microfinance. Faith and Economics(51), 57-79 • Seibel, H.D. (2008): Islamic Microfinance in Indonesia: The Challenge of Institutional Diversity, Regulation, and Supervision, Joumal of Social Issues in Southeast Asia Vol. 23, No. 1, pp. 86 -103 • Seibel & Nurcahya (2009): Growth and Resilience of Savings-based Microfinance Institutions in the Face of Adversity: The Case of the Lembaga Perkreditan Desa in Bali • Ashta & De Selva (2010) Religious Practice and Microcredit: Literature Review and Research Directions • Attuel-Mendes, Ashta & Pic (2011): Microcrédit et religions : regards croisés, présentation à Strasbourg • Ashta (2011): Hinduism and Microfinance • Sharma, A. (2011): Principles of Finance in Hinduism, Agefi, Luxemburg

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