- Subject index
This book analyzes what microfinance money means to women; and in doing so, it focuses on the perspectives of individual women and of women-only groups. It explores women’s own money management strategies, group dynamics and learning processes in groups, and in this context, discusses the divergence between the perspectives of external intervening agencies, and those of women who are members of self-help groups. The book does not consciously follow a feminist methodology; yet the perspective is feminist, as it questions the benefits and costs to women from development programs.
Chapter 2: Poverty in India and Role of Microfinance
Poverty in India and Role of Microfinance
Poverty, especially in rural India, is widespread and women bear the brunt of it. Many rural women are self-employed in very small-scale activities, but their contribution to the economy often goes unrecorded. Further, their income cannot lift them out of poverty, as they lack money, land and property (Agarwal 1994, ...