World Poverty for Dummies
From Chapter 8 “Women: The World’s Poor”
Women are the poorest of the poor, the oppressed among the oppressed.”
“One of the most effective ways to end poverty is to work directly with women. Because women run the households in almost all societies, any improvements in their lives flow on directly to the lives of their families. Helping women helps entire communities”
How microfinance and trade banks help to bring“… a bunch of women in a particular community together , dispenses small loans to help those women set up a micro-businesses or grow their existing businesses. The loans may be as little as US$100 and are used to buy things like a sewing machine or livestock…..”
“These microfinance programs have much lower rates of loan defaults than are experienced by large commercial banks. And they work.
