Microfinance helps Indian women borrow – with dignity

From Annie Banerji / Christian Science Monitor: Microfinance institutions in India are providing low-cost loans to women in remote areas who typically only have access to loan sharks. The women are using the money to break poverty cycles and start their own businesses.

Click here to read the original story.

Read insights from wellbeing economy solutions working with women.

Issue Areas:

Community Wealth Building, Financial Institutions, Poverty Reduction Measures, Wellbeing Economics

Impact Areas:

Creating New Economic Paradigms, Distributed Trust and Power

Actors:

Lending, Banking, and Financial Institutions

Communities Served:

Womxn

Strategies:

Easing Economic Burdens for Individuals, Increase Education / Insights Sharing

Success Factors:

Eliminating Barriers, Empowering People, Expanding Access, Help Rather Than Punishment, Providing Cash Instead Of Goods/Services, Using Creative Financing

Geographic Region:

Asia

Countries:

India

Date:

December 12, 2022

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