Microfinance and women empowerment thesis

On top of the divide between non- and for-profit microfinance enterprises, other criticisms exist. Some say that individual microloans of $100 or so really are not enough money to provide independence – they just keep recipients working in subsistence-level trades, or just cover basic needs, like food and shelter. A better approach, these critics maintain, is to create  jobs by constructing new factories and producing new goods. They cite the examples of China and India, where the development of large industries has led to stable employment and higher wages, which in turn has helped millions to emerge from the lowest levels of poverty.

Microfinance and women empowerment thesis

microfinance and women empowerment thesis

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