DEBATE ABOUT MICROFINANCE >> General Summary

Micro credit
VS Micro finance
Debates

People trapped in poverty require a broad range of interventions, from general policy changes to specific forms of support, in order to move to sustainable livelihoods

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Studies on the gender impact of microcredit enterprise have shown that there is a high level of failure due to the underlying problems of poor women’s weakness position, extremely heavy workload and multiple responsibilities

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The preoccupation with financial performance and loan repayments may distract people from seeing the social impact of these activities: the impact on social relations in the community, side effects such as putting others out of work or reducing everyone's income, or the negative impact of these activities on the environment.

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Microfinance exports a capitalistic model and may not be suitable for some societies or cultures.

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>>General Summary >>Section Summary
What is microcredit and microfinance? Micro finance for whom? Micro finance helps, how?

 

 
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