1. Roscas and Microcredit Lending
The Bovine Mystique cannot be considered as a continuation of old traditions and practices as it is as a result of a man's ability to buy livestock which is dependent solely on wage earning potential. ... Livestock itself cannot take care of a household, it is mainly kept for prestige, make and maintain social relations in the community through the lending and borrowing of the animals. ... By lending his livestock, a man takes off some responsibility as he has less animals to look after although he still has the prestige of owning them. ...
- Word Count: 869
- Approx Pages: 3
- Has Bibliography
- Grade Level: Undergraduate