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Microenterprise: Lifting Women out of Poverty. Microenterprise: Lifting Women out of Poverty. Current Conditions. Photo courtesy of Pro Mujer. Microenterprise. Microfinance Gained momentum in the 1970s Describes a range of financial services Formerly known as “microcredit”
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Microenterprise: Lifting Women out of Poverty Current Conditions Photo courtesy of Pro Mujer
Microenterprise • Microfinance • Gained momentum in the 1970s • Describes a range of financial services • Formerly known as “microcredit” • Targeted at low-income populations, and in particular, women
Microenterprise • Setting the Stage • Women repay their loans in higher rates than men • Women are more likely to use their loans to improve their businesses • Women spend their income on healthcare, education, their families Credit: Pro Mujer and Jenna Mulhall-Brereton
Current Conditions Ask Yourself Microfinance Jenna Mulhall-Brereton
Microenterprise • Ask Yourself • How does microfinance contribute to poverty alleviation? • What are the positive and negative impacts of microfinance on poor women?
Microenterprise • Praise and Criticism • Microfinance provides economic opportunity • Offers a range of financial services • Distracts from other antipoverty initiatives • Cannot solve the need for structural change
Microenterprise Learn More at www.imow.org Podcast: Jessica Jackley Essay: feminist economists Photos: women who benefited from microcredit Essay on Macro solutions: Zainab Salbi
Microenterprise What You Can Do Support Pro Mujer in Latin America Connect yourself to CARE Make a direct loan through Kiva.org Spread the word about this issue
Microenterprise Follow us online www.imow.org facebook.com/InternationalMuseumofWomen twitter.com/IMOWomen