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Full-Text Articles in Corporate Finance
Women As Leaders In Differing Microfinance Models, Rae M. Randleman
Women As Leaders In Differing Microfinance Models, Rae M. Randleman
Journal of Interdisciplinary Feminist Thought
One of the original microfinance institutions (MFIs) is Grameen Bank in Bangladesh and the founder of the bank is Muhammad Yunus (2007). Yunus (2007) initiated a discourse that stated that microloans granted to women resulted in, among other things, increased female empowerment. Much of the global microfinance industry (MFI) has mimicked Yunus’ focus on women and thus created a global master narrative which stated that the capitalist system of credit provided to marginalized women can alleviate poverty and empower women. Other development organizations contend that by itself microfinance cannot empower women; empowerment also requires long-term efforts to influence change in …