A couple of years ago, I heard a lecture about women and how they are usually a disproportionate amount of the poor in may countries as they are very oppressed in these patriarchal countries.
I remember hearing the story of an Indian woman that was being beaten by her husband who, was frustrated because he was not making enough money to support his family and so he took it out on his wife.
Once he lost his job she decided to take control and applied to start her own business. The Grameen Bank gave her a loan (which she later paidd back) and with that she started her own business making enough money to support her whole family and her husband even stopped beating her.
I chose to share this becuase, it just shows how women are underestimated in society and once given the chance, they can really make a difference in their own lives and that of their families! She was even able to hire other women to help her successful business (http://www.oprah.com/world/Microcredit-The-Financial-Revolution). Check out this link for more on her story.
The Grameen Bank essentially gives out microloans which once these business takes off, is repaid. They are dedicated to helping empower women by giving them the opportunity to start their own business' and support themselves.
This also brought me back to globalization and how women have greatly been impacted by it working at jobs where they are treated poorly and they have to tolerate these conditions or, live in complete poverty.
After reviewing this, my question is, how do women feel about these microcredit?
I think this a great! I hadn't heard about this before, but I think that these microloans are fantastic! I think it's an excellent way to empower women! Not only do they get to put their skills to use, but I can't think of anything more important than having your worth recognized!
ReplyDelete