INTD 397 Lecture Notes - Lecture 9: Human Capital, Grameen Bank
Document Summary
> positive impacts of microfinance: overcome poor"s limited access to collateral, hence credit, uncover women"s hidden skills = women as natural entrepreneurs who have strong norms of. Inclusion of rural women in development hard work and thrift. Improve human capital of next generation: women"s priorities regarding children"s education and well-being. Provision of credit =/= empowerment: coercive repayment regardless of women"s financial capacity (repayment as a priority = high collection rate, structural constraints: vulnerability in market competition, low returns in traditional female activities, limited legal rights (inheritance law)