The other day I took a shared taxi home from work in Freetown, which costs about US$0.20. The driver asked me what I was doing here in Sierra Leone. When I replied “Microcredit,” he said, “Ah, that is for women.”
He’s right – the microfinance industry has focused most of its resources on poor women because they are especially affected by poverty, and empowering women can bring about positive changes in their families and communities. At one of the organizations I’m working with over 99% of their loans are to women.
I told the taxi driver that in spite of this focus on...Continue Reading >>