Financial Engineering for Low-Income Households

Members of the Institute for Financial Management and Research (IFMR) finance foundation introduce financial theories for delivering banking services to low-income households and explain the risks posed to low-income family finances by accidents, health problems, longevity, livestock loss, rainfall patterns, and commodity price fluctuation. A case study integrates various risk types into a family’s life and illustrates the four steps to financial well-being. Annotation ©2013 Book News, Inc., Portland, OR (booknews.com)