HLTC02H3 Chapter Notes -Informal Sector, Social Capital, Dowry Death
Document Summary
Week #5: microcredit and violence: a snapshot of kerala, india. Microcredit: small loans usually given to the poor and unemployed people that enable them to meet their immediate needs, or capital for starting/expanding micro enterprises, or for meeting the educational expenses for their children. Recipients are usually those who lack collateral security to borrow money from the formal banking system and who normally do not have an assured source of income through a stable job. Women are preferred clients because the impact of poverty is harsher on women than men, money given to women is likely to be utilized for the common good of family. Women are better repayers of loans than men. Increasing violence against women in kerala, india such as dowry murder for instance. Passage of domestic violence act of 2005 to have stronger civil remedies such as protection orders, residence orders and monetary relief. Gendered dynamics of globalization: feminization of labor.
