1.

Record Nr.

UNINA9910788067203321

Autore

Mutisya Emmanuel Musau

Titolo

Access to microfinance and financial training for innovative urban sustainability : collective investments at the bottom of the pyramid segment in urban Kenya / / Emmanuel Musau Mutisya

Pubbl/distr/stampa

Bamenda, Cameroon : , : Langaa Research & Publishing CIG, , 2015

©2015

ISBN

9956-792-05-5

Descrizione fisica

1 online resource (272 p.)

Disciplina

332

Soggetti

Microfinance - Kenya

Microfinance - Study and teaching - Kenya

Urbanization - Kenya

Slums - Kenya - Nairobi

Community development, Urban - Kenya

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Overview -- Introduction -- Literature review -- A description of reality : the case of Kibera Slum -- Statistical analysis of microfinance in Kibera Slum -- Collective investment model for the urban bop segment -- Conclusions and implications.

Sommario/riassunto

The Kenyan population is highly concentrated in urban centres, leading to increased social, economic and environmental strains, with a significant percentage of urban dwellers living in sprawling slums. Urban development is increasingly a major focus, especially in the fight against urban sustainability problems. There is little practical orientation in the academic literature for the growing gap between the rich and poor. Current literature is enormously concerned with resource use and environmental pressures, paying scant attention to the nexus between urban sustainability and empowerment of the urban poor. This book initiates debates on the segment of urban population often referred to as "the bottom of the pyramid (BOP)", by analysing the microfinance innovation following evaluation of the impacts of access to microfinance and financial training and the implications to urban



sustainability in Kenya. The main conclusion reached is that microfinance has an instrumental role to play in promoting sustainable urban development as it supports social welfare improvement and increases the livelihood of participants, business development and urban sustainability to a certain extent, thereby empowering the urban poor in contributing to poverty alleviation.