The Prevention of Debt Bondage with Microfinance-led Services

@article{Daru2005ThePO,
  title={The Prevention of Debt Bondage with Microfinance-led Services},
  author={Patrick Daru and Craig Churchill and Erik Beemsterboer},
  journal={The European Journal of Development Research},
  year={2005},
  volume={17},
  pages={132-154}
}
Millions of the poorest and most vulnerable workers in South Asia are bonded to their employers as they strive, often in vain, to repay loans. The root causes of this bondage include: inter-linked and monopolistic labour and credit markets, deeply entrenched social exclusion, and asymmetric information particularly regarding legal rights. The International Labour Organization, together with its social partners and other relevant stakeholders, is pilot testing microfinance-led prevention… 

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References

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Bibliography The following publications of the ILO Social Finance Programme's South Asian Project Against Debt Bondage contributed to this paper
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