Generate text that refutes this claim: A livelihoods approach  The livelihoods approach provides a useful model to understand how poor people live [1] ; and remains important to recognising the benefits of microfinance.  The provision of microfinance reduces vulnerability to shocks and changes such as losing a job; enhances people’s access to assets that they use and need (such as finance, friend networks, and land); and this fundamentally acts to change the lives of the poor. Microfinance provides social protection through tapping into social capital. Further, microfinance means aid is not simply provided, but the individual is taught valuable financial skills and given the means to sustain themselves for their lifetime.  [1] See further readings: IFAD, 2013.
e international africa house would provide access microfinance unbanked
The provision of microfinance within livelihoods is based on a positive view of social capital [1] and cohesion. The idea relies upon a perception whereby social networks within the community are able to positively organise funds and remain democratic in how they manage poverty. It fails to acknowledge negative aspects of social capital - such as how networks can act to exclude and restrict who becomes a part of the scheme. Civil society is not without internal politics, with competing interests, and can be uncooperative.  [1] Social capital represents the relationships and linkages between people and/or groups, of which are formulated with rules and norms. See further readings: