Informal businesses and micro-credit – Evidence from financial diaries: A study in Ramanagaram, India
Combining quantitative with qualitative data, through a unique methodology of financial diaries, we generate thick descriptions of the informal business involving peddling of vessels and other products in Ramanagaram, Karnataka, India. By dovetailing the cash inflows from the businesses to loan repa...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2015-09-01
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| Series: | IIMB Management Review |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S0970389615000610 |
| _version_ | 1819208511646597120 |
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| author | Rajalaxmi Kamath Smita Ramanathan |
| author_facet | Rajalaxmi Kamath Smita Ramanathan |
| author_sort | Rajalaxmi Kamath |
| collection | DOAJ |
| description | Combining quantitative with qualitative data, through a unique methodology of financial diaries, we generate thick descriptions of the informal business involving peddling of vessels and other products in Ramanagaram, Karnataka, India. By dovetailing the cash inflows from the businesses to loan repayments, we show that a standardized microfinance loan is unsuited to their business cash flows. Informal businesses are marked by seasonality and volatility springing from the contextual and socio-demographic circumstances of households running them. A keen understanding of such businesses is imperative for making the informal sector vibrant enough to support the economic lives of the poor. |
| first_indexed | 2024-12-23T05:40:33Z |
| format | Article |
| id | doaj.art-9f4348fe52fd421b992313f87291f076 |
| institution | Directory Open Access Journal |
| issn | 0970-3896 |
| language | English |
| last_indexed | 2024-12-23T05:40:33Z |
| publishDate | 2015-09-01 |
| publisher | Elsevier |
| record_format | Article |
| series | IIMB Management Review |
| spelling | doaj.art-9f4348fe52fd421b992313f87291f0762022-12-21T17:58:12ZengElsevierIIMB Management Review0970-38962015-09-0127314915810.1016/j.iimb.2015.05.002Informal businesses and micro-credit – Evidence from financial diaries: A study in Ramanagaram, IndiaRajalaxmi KamathSmita RamanathanCombining quantitative with qualitative data, through a unique methodology of financial diaries, we generate thick descriptions of the informal business involving peddling of vessels and other products in Ramanagaram, Karnataka, India. By dovetailing the cash inflows from the businesses to loan repayments, we show that a standardized microfinance loan is unsuited to their business cash flows. Informal businesses are marked by seasonality and volatility springing from the contextual and socio-demographic circumstances of households running them. A keen understanding of such businesses is imperative for making the informal sector vibrant enough to support the economic lives of the poor.http://www.sciencedirect.com/science/article/pii/S0970389615000610Informal businessesFinancial diariesMicrofinance loans |
| spellingShingle | Rajalaxmi Kamath Smita Ramanathan Informal businesses and micro-credit – Evidence from financial diaries: A study in Ramanagaram, India IIMB Management Review Informal businesses Financial diaries Microfinance loans |
| title | Informal businesses and micro-credit – Evidence from financial diaries: A study in Ramanagaram, India |
| title_full | Informal businesses and micro-credit – Evidence from financial diaries: A study in Ramanagaram, India |
| title_fullStr | Informal businesses and micro-credit – Evidence from financial diaries: A study in Ramanagaram, India |
| title_full_unstemmed | Informal businesses and micro-credit – Evidence from financial diaries: A study in Ramanagaram, India |
| title_short | Informal businesses and micro-credit – Evidence from financial diaries: A study in Ramanagaram, India |
| title_sort | informal businesses and micro credit evidence from financial diaries a study in ramanagaram india |
| topic | Informal businesses Financial diaries Microfinance loans |
| url | http://www.sciencedirect.com/science/article/pii/S0970389615000610 |
| work_keys_str_mv | AT rajalaxmikamath informalbusinessesandmicrocreditevidencefromfinancialdiariesastudyinramanagaramindia AT smitaramanathan informalbusinessesandmicrocreditevidencefromfinancialdiariesastudyinramanagaramindia |