Microfinance for Disaster Recovery: Lessons from the 2015 Nepal Earthquake
The 7.6-magnitude earthquake on 25 April 2015 caused not only human casualties, but also considerable damage to the livelihoods of the poor. ADB provided grant assistance for the livelihood restoration microcredit initiative. This assessment finds that post-disaster access to finance has a strong positive impact on the recovery of affected households. The report also recommends how microfinance institutions can promote disaster risk management for poor rural households.
- 2015 Nepal Earthquake
- Earthquake Effects on Households
- Disaster Risk Reduction and Livelihood Restoration for Earthquake-affected Communities Project
- Outreach, Disbursement, and Performance of Livelihood Restoration Microcredit
- Impact of Livelihood Restoration Microcredit
- Microfinance and Disaster Risk Management
- Conclusion and Recommendations
Also in this Series
- The Female Secondary Stipend and Assistance Program in Bangladesh: What Did It Accomplish?
- Maldives Macroeconomic Forecasting: A Component-Driven Quarterly Bayesian Vector Autoregression Approach
- Tuberculosis Control Measures in Urban India: Strengthening Delivery of Comprehensive Primary Health Services