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Global Perspectives on Financial Inclusion

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Nishi Malhotra offers valuable insights into microfinance initiatives through in-depth case studies across Africa, Europe, and Asia. She examines the shift in emerging economies towards achieving t...
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  • 13 August 2025
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The United Nations Sustainable Development Goals (UN SDGs) place a strong emphasis on empowering women and reducing poverty. To achieve these goals effectively, it is essential to implement strategic initiatives that connect policy planning with practical solutions. Microfinance has played a significant role in enabling the financial inclusion of women through collective and joint liability models. While these collective initiatives have existed worldwide in various forms, there remains a noticeable lack of literature on collectives and joint liability initiatives supporting semi-formal finance, especially in emerging economies.

In this much needed work, Nishi Malhotra offers valuable insights into microfinance initiatives through in-depth case studies across Africa, Europe, and Asia. She examines the shift in emerging economies towards achieving the SDGs, focusing on poverty reduction and women’s empowerment. Her work highlights the transition from traditional donor-driven models to sustainable finance frameworks, emphasizing the importance of microfinance and social finance. By exploring financial intermediation and bottom-up strategies like collective endeavours and savings groups, Malhotra demonstrates how these approaches can advance the SDGs. Combining expert interviews with grounded theory analysis, her research provides a nuanced understanding of the intersection between sustainable finance and poverty alleviation, offering insights into policy initiatives and the operational dynamics of microfinance mechanisms.

By presenting a comprehensive analysis of microfinance initiatives and their impact on poverty reduction, especially concerning women's financial inclusion, Global Perspectives on Financial Inclusion: Case Studies in Microfinance and Women’s Empowerment serves as a valuable resource for policymakers, researchers, and development practitioners committed to advancing financial inclusion and achieving the UN SDGs.

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Price: $115.00
Pages: 250
Publisher: Emerald Publishing Limited
Imprint: Emerald Publishing Limited
Publication Date: 13 August 2025
ISBN: 9781837080816
Format: Hardcover
BISACs: BUSINESS & ECONOMICS / Development / Economic Development, Development economics and emerging economies, BUSINESS & ECONOMICS / Finance / General, BUSINESS & ECONOMICS / Economics / Social & Behavioral, International economics, Entrepreneurship / Start-ups
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Nishi Malhotra is Assistant Professor at the Indian Institute of Management (IIM) Sambalpur, India.

Chapter 1. UN Sustainable development goals and importance of microfinance
Chapter 2. Effectual approach to microfinance: A case study of ROSCAs in Ireland
Chapter 3. A resource-based view on microfinance in China: Case study of Rural credit cooperatives
Chapter 4. Bricolage through credit cooperatives in Germany: A historical perspective
Chapter 5. Power of collectives in combatting resource poverty: A case study of Grameen Bank in Bangladesh
Chapter 6. Harnessing peer mechanism to ensure financial inclusion in India: A case study of joint liability groups in India
Chapter 7. Savings groups in Kenya – Chamas: A case study
Chapter 8. Empirical analysis of collectives and microfinance initiatives in financial inclusion