Institutional preparedness and sustainability of micro finance institutions during post disaster scenario
Abstract
Purpose
This paper seeks to show how microfinance has contributed to poverty reduction and strengthening the risk management capacity of the poor.
Design/methodology/approach
Considers disaster preparedness of micro finance institutions (MFIs) especially in natural disasters, economic crisis and civil conflicts.
Findings
Finds that it is essential for MFIs to prepare a strategy for maintaining liquidity in a disaster situation, especially keeping disaster loan funds (DLFs) in reserve to help affected households.
Originality/value
Sees disaster management as a dynamic process that could ideally be developed during normal times and tested in actual disasters but it requires careful planning and commitment on the part of all stakeholders
Keywords
Citation
Anand Kumar, T.S. and Newport, J.K. (2007), "Institutional preparedness and sustainability of micro finance institutions during post disaster scenario", Disaster Prevention and Management, Vol. 16 No. 1, pp. 21-32. https://doi.org/10.1108/09653560710729785
Publisher
:Emerald Group Publishing Limited
Copyright © 2007, Emerald Group Publishing Limited