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

More Resources:

Climate disasters hit poor people hardest. There’s an obvious solution to that

From Sigal Samuel / Vox: An effective way to help those most vulnerable to climate disasters is by providing just-in-time cash transfers right before a disaster hits for them to use as they see fit for resilience and climate change...

Can Guaranteed Income Prevent Gentrification?

From Oscar Perry Abello / NextCity: In Louisville, community organizers are betting that a guaranteed income program will reduce community violence in disinvested neighborhoods – and protect against displacement of residents. Read the original story here. Find other articles about...

How going solar is helping U.S. schools save millions

From Nikolay Nikolov / Mashable: School districts in the United States are switching to solar power to save money on utilities and sell extra power back to the power grid. They use the savings to increase teachers’ pay and upgrade...

Conversation with Jack Henderson

Jack Henderson is a digital democracy researcher with RadicalxChange Foundation, the ERC’s BlockchainGov project, and the Coalition Of Automated Legal Applications. He holds a degree in economics from Princeton University. Jack Henderson spoke with Ashley Hopkinson on February 21, 2024....

Conversation with Rodrigo Pacheco

Rodrigo Pacheco is an Ecuadorian chef who attracted the attention of the world through his culinary art and his innovative project “The largest Biodiverse Edible Forest in the world” that he develops as Executive Director of the Bocavaldivia Foundation, to...

The Women Leading a Social Revolution in Syria’s Rojava

From Lucy Clarke-Billings / Newsweek: The Committee of Diplomacy of Kongreya Star is a women’s organization in Rojava Syria that aims to liberate women in the region by adding women into all sectors of local life including education, the economy,...