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:

Conversation with Cassandra Ferrera

Through the work of ethical land transitions, Cassandra works to transform conventional real estate practice in service to Land, cultural reunion, and reparative justice. Becoming a person of place is Cassandra’s orienting cosmology, and her activist real estate career is...

Why Paid Sick Leave Is Good For Workers, Employers, and the Economy

From Peter Hull / NBC LX: Research shows workers who receive paid sick leave are more likely to stay home when sick, thus limiting the spread of illness. Read the original story here. Read more articles on health related to...

Conversation with Thomas Legrand

Thomas Legrand is the Lead Technical Advisor for the UNDP-convened Conscious Food Systems Alliance (CoFSA). He holds a Ph.D. in Economics and has 20 years of experience in sustainable land use, climate change, sustainable finance, leadership, and developing inner capacities...

What America can learn from Canada’s new ‘$10 a Day’ child care system

From Jackie Mader / The Hechinger Report: The $10 a Day initiative, which started in British Columbia and is now being expanded throughout Canada, subsidizes child care centers so that tuition for families can be capped at a more affordable...

Conversation with Kari Wolanksi

Kari Wolinsky is the acting director of the Center for Social Data Insights and Innovation at Statistics Canada. She previously worked at the Department of Finance designing Canada’s Quality of Life framework. Kari Wolanksi spoke with Ashley Hopkinson on March...

A Simple Fix Lifts Single Moms Out of Poverty in India’s Slums

From MaryLou Costa / Reasons to Be Cheerful: Fund a Mom gives 40 single mothers in Jaipur, India, $60 a month with no strings attached. The guaranteed income program helps them cover necessary expenses giving them the breathing room to...