3.0 Sustainable livelihoods – the limits to financial capital
This module is about rural finance, but it is important to be clear from the outset that financial services alone are not enough to enable poor rural people to make a sufficient and sustainable improvement to their livelihoods. Other things are required, some of which are much more important than financial services and more difficult to provide. In this section, we shall use the sustainable livelihoods framework to identify and classify the things that poor households need, and consider how to assist them to get it. Rural finance must be understood in the context of the wider range of problems that poor rural populations face.
Section Learning Outcome
By the end of this section, students should be able to:
- use the sustainable livelihoods framework to identify the missing or deficient capitals in a given household's livelihood