Open AccessThe effect of micro credit on life restoration and community formation in resettlement households affected by the tsunami – A Study on Resettlement with Housing Relocation in Sri Lanka after the Indian Ocean Tsunami in 2004 Part 3
Author(s) -
Maeda Masahiro,
Takada Mitsuo
Publication year - 2018
Publication title -
japan architectural review
Language(s) - English
Resource type - Journals
ISSN - 2475-8876
DOI - 10.1002/2475-8876.12030
Subject(s) - relocation , micro credit , settlement (finance) , residence , sri lanka , natural disaster , business , economic growth , micro level , socioeconomics , geography , environmental planning , finance , demographic economics , economics , poverty , economic impact analysis , payment , computer science , tanzania , programming language , meteorology , microeconomics
This paper analyzed the effect of micro credits in resettlement sites from the perspectives of the NGO staff and residents who participated in micro credit groups. The results are listed below. (i) Micro credits have economic effects for reconstructing life by providing loans for economic activities in resettlement sites in which economic activities are difficult due to the geographical and spatial features. (ii) Micro credits have social effects on community formations through micro credit activity and reorganizing household relationships in resettlement sites. NGO staff and residents organized micro credit groups through neighborhood and family/relative relationships, which succeeded from a previous settlement. Moreover, they created new relationships in addition to these existing relationships. (iii) These results show that micro credits may be a method for sustainable residence in resettlement sites that arise after natural disasters.