We summarize the joint work of academic scholars and ETIMOS (an Italian foundation involved in microfinance) for the evaluation of the intervention of the latter in Sri Lanka in the aftermath of the 2004 tsunami. After the shock ETIMOS recapitalized a local microfinance bank which faced a huge loss in its loan portfolio; then in 2007 and 2011 academic researchers conducted impact evaluations of such intervention. The main results are positive under different viewpoints since: i) the loans received after the shock were effective for the subjective and objective recovery of damaged people, and ii) the recovery aids highly damaged borrowers received enhanced a significant level of generosity among interviewed villagers.

MICROFINANCE IN A POST-DISASTER CONTEXT: THE CASE OF THE 2004 TSUNAMI IN SRI LANKA

CONZO, Pierluigi;
2013

Abstract

We summarize the joint work of academic scholars and ETIMOS (an Italian foundation involved in microfinance) for the evaluation of the intervention of the latter in Sri Lanka in the aftermath of the 2004 tsunami. After the shock ETIMOS recapitalized a local microfinance bank which faced a huge loss in its loan portfolio; then in 2007 and 2011 academic researchers conducted impact evaluations of such intervention. The main results are positive under different viewpoints since: i) the loans received after the shock were effective for the subjective and objective recovery of damaged people, and ii) the recovery aids highly damaged borrowers received enhanced a significant level of generosity among interviewed villagers.
Imagining Cultures of Cooperation - Proceedings of the III CUCS Congress, Turin 19-21 September 2013
JUNCO - Journal of Universities and international development Cooperation
1
412
418
9788896894163
http://www.ojs.unito.it/index.php/junco/article/view/530
microfinance; natural disaster; Sri Lanka; subjective wellbeing; altruism; poverty; disaster recovery
P. Conzo; L. Becchetti; S. Castriota; D. Libralesso; I. Urbinati
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/2318/150165
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