Globalization and gender - dilemmas for microfinance organizations
The microfinance industry is itself becoming a global phenomenon. The proliferation of microfinance programmes - and in particular of a single loan product - has been accelerated by a global publicity campaign,the MicroCredit Summit. Women were to be targeted, but it is clear that women do not always benefit from credit for microenterprise. This article examines the circumstances of women microentrepreneurs -
and finds that some of them are powerless home workers. It also examines the financial products aimed at them - and calls for more products, such as savings accounts, money transfers, or loans for domestic
equipment. Also, as microfinance organizations (MFOs) develop and as the sector moves to embrace mainstream financial institutions, it is increasingly difficult to ignore the role of international capital
markets. There is a need for 'patient capital' which will be rooted in and respond to local concerns. Financial services should be delivered as effectively and efficiently as possible, but subsidies may
continue to be a necessary component in achieving this. Finally, it is argued that although NGOs may continue to provide only a small proportion of the financial services available, they should continue
to play a strategic role in their development.
the MicroCredit Summit. Women were to be targeted, but it is clear that women do not always benefit from credit for microenterprise. This article examines the circumstances of women microentrepreneurs -
and finds that some of them are powerless home workers. It also examines the financial products aimed at them - and calls for more products, such as savings accounts, money transfers, or loans for domestic
equipment. Also, as microfinance organizations (MFOs) develop and as the sector moves to embrace mainstream financial institutions, it is increasingly difficult to ignore the role of international capital
markets. There is a need for 'patient capital' which will be rooted in and respond to local concerns. Financial services should be delivered as effectively and efficiently as possible, but subsidies may
continue to be a necessary component in achieving this. Finally, it is argued that although NGOs may continue to provide only a small proportion of the financial services available, they should continue
to play a strategic role in their development.
Whose solution is it? development ideology and the work of micro‐entrepreneurs in Caribbean context
Karides, Marina
International Journal of Sociology and Social Policy, Vol. 25 (2005), Iss. 1/2 P.30
https://doi.org/10.1108/01443330510791289 [Citations: 21]Scaling Social Ventures under Institutional Fragility
Sun, Sunny Li
Jia, Peiyi
(2024) P.1
https://doi.org/10.1080/19420676.2024.2304111 [Citations: 4]Le microcrédit est-il le faux-nez du néolibéralisme ?
Hofmann, Élisabeth
Marius-Gnanou, Kamala
Cahiers d'Outre-Mer, Vol. 60 (2007), Iss. 238 P.217
https://doi.org/10.4000/com.2387 [Citations: 4]Gender, solidarity and the paradox of microfinance: reflections from Bolivia
Bee, Beth
Gender, Place & Culture, Vol. 18 (2011), Iss. 1 P.23
https://doi.org/10.1080/0966369X.2011.535298 [Citations: 17]Microfinance and women's empowerment: A lesson from India
Leach, Fiona
Sitaram, Shashikala
Development in Practice, Vol. 12 (2002), Iss. 5 P.575
https://doi.org/10.1080/0961452022000017597 [Citations: 108]Women, microfinance, and savings: Lessons and proposals
Vonderlack, Rebecca M
Schreiner, Mark
Development in Practice, Vol. 12 (2002), Iss. 5 P.602
https://doi.org/10.1080/0961452022000017614 [Citations: 50]Globalization and affordability of microfinance
Sun, Sunny Li
Liang, Hao
Journal of Business Venturing, Vol. 36 (2021), Iss. 1 P.106065
https://doi.org/10.1016/j.jbusvent.2020.106065 [Citations: 30]Finance and Social Responsibility in the Informal Economy: Institutional Voids, Globalization and Microfinance Institutions
Liang, Hao
Marquis, Christopher
Sun, Sunny Li
(2014)
https://doi.org/10.2139/ssrn.2512211 [Citations: 2]Microfinance is dead! Long live microfinance! Critical reflections on two decades of microfinance policy and practice
Susan Johnson, Susan Johnson
Enterprise Development & Microfinance, Vol. 20 (2009), Iss. 4 P.291
https://doi.org/10.3362/1755-1986.2009.033 [Citations: 12]The ‘Barefoot Model’ of economic empowerment in rural Rajasthan
Mininni, Giulia Mariangela
Journal of the Indian Ocean Region, Vol. 13 (2017), Iss. 1 P.54
https://doi.org/10.1080/19480881.2016.1272813 [Citations: 5]How microfinance empowers women in Côte d’Ivoire
Binaté Fofana, Namizata
Antonides, Gerrit
Niehof, Anke
van Ophem, Johan A. C.
Review of Economics of the Household, Vol. 13 (2015), Iss. 4 P.1023
https://doi.org/10.1007/s11150-015-9280-2 [Citations: 29]Gender Norms in Financial Markets: Evidence from Kenya
Johnson, Susan
World Development, Vol. 32 (2004), Iss. 8 P.1355
https://doi.org/10.1016/j.worlddev.2004.03.003 [Citations: 98]Financial Education for Women in Asia Pacific
Mavrinac, Sarah C.
Chin, Wan Ping
(2004)
https://doi.org/10.2139/ssrn.695042 [Citations: 4]- Value chain financing: evidence from Zambia on smallholder access to finance for mechanization
- Developing agro-pastoral entrepreneurship: bundling blended finance and technology
- Boosting financial inclusion through social assistance reform: evidence-based approach in selecting a payment system
- Building frontline market facilitators' capacity: the case of the ‘Integrating Very Poor Producers into Value Chains Field Guide’
- Impact of COVID-19 on livestock exports from Somalia and the Horn of Africa
Browse our other journals
