Women, microfinance, and savings: Lessons and proposals
- 1 November 2002
- journal article
- research article
- Published by Taylor & Francis in Development in Practice
- Vol. 12 (5) , 602-612
- https://doi.org/10.1080/0961452022000017614
Abstract
Microfinance--both credit and savings--has potential to improve the well-being of poor women in developing countries. This paper explores practical ways to achieve that potential. Based on lessons from informal savings mechanisms that women already use, the paper proposes two savings services designed to address the development issues that confront women. The proposals call for safe-deposit boxes and for matched-savings accounts for healthcare or education.Keywords
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