INTD 200 Lecture Notes - Lecture 22: Gender Role, Structural Adjustment, Social Business
Document Summary
Post answer on mycourses: assignment section: in-class quiz ta name. Among women, see hierarchical relations: high income, educated women, low-income women coming from marginalized groups coming from neoliberal processes of development. Why is microfinance development seen as a miracle medicine in development discourse. What are the overlooked effects of microfinance on low income women. Mohammed: started microfinance institution ngo and programming band in bangladesh. Small loans to low income women in the village. Noticed: women faced limited access to resources. Formal financial institutions wouldn"t provide loans to women: required collateral, Initially: 25 usd to 42 women property, capital in order to get loans. Microfinance: seen as key pathway for achieving empowerment of women. Microfinance can provide financial resources to low income marginalized women in dev"g countries. Negative effect: we don"t hear in mainstream dev"t discourse. Man who has loaned billions to millions of poor people without any collateral. Mohamed yunus: credit is a basic human right.