Microfinance Loans: Rural women and microcredit

Showing posts with label Rural women and microcredit. Show all posts

The role of microcredit in poverty alleviation: Sample Morocco

Posted on Monday, 26 October 2009 by Anonymous Leave a comment

microcredit in Morocco

Remainder of microcredit as an effective tool for economic and social development, one of the mechanisms working and modern mechanisms to reduce poverty in its various Tmzarath and manifestations. Has proven global experience of microfinance in many countries of the developing world (Bangladesh, Brazil ...) they are important engines of human development and the fight against poverty, and gender empowerment; especially women, the weakest link in society from self-employment and achieve economic Astqlalithn, and their contribution within the their family to provide food, clothing, and ensure the education of children with continuity and thus achieve their integration within the community.

In a study carried out by the Foundation, "Planet Finance" Planet Finance Morocco in 2005 at the request of the National Federation of Microcredit with a view to assessing the effects of micro-credit to beneficiaries, and the study concluded that these loans had a significant impact in improving the conditions of beneficiaries and improve their incomes, the study included a sample of 1287 per capita, the majority of customers recognized the occurrence of positive change on the level of nutrition within the family (62%), the promotion of independence (36%) and calming (57%).
Loans as a new small to fight the phenomenon of poverty depend on the proximity of the poor, especially in rural areas, which is in dire need for this type of financial services, as it relates to the preparation of structures and infrastructure (connectivity of drinking water, electricity, housing, ...) that been deprived for decades, due to Ana and marginalization, which still suffers from it by the public authorities at the expense of the development of urban centers, small loans have done so - if we want to say - re-sort of balance and aims to correct the imbalances and inequalities, that exist between rural areas and urban areas, thereby reducing the phenomenon of rural migration, and rural development and rural areas and contribute to human development in general, through the empowerment of the poor from access to financial services.

By Rachid AJMAL

The impact of microcredit

by Anonymous Leave a comment

Rural woman in Africa

Be microcredit impact and a positive impact on the beneficiaries, both in the short term, medium and long term, including:

- Install action : the first is a feature of microcredit, the poor characteristics of the main Sun fluctuating income and minimization, where it is not fixed and unchanging, and this is about the instability of cost-effectiveness of their project or work, by a number of variables long - medium term (economic crisis, for example ... ) or seasonal (such as drought for agricultural activity ...), making them vulnerable to external shocks, but it is through microcredit directed to the poor, will enable them to establish small businesses or small their project development and pre-existing work on the development, which allows secure their incomes are Qar and fixed, and thus achieve food security, health, family and ensure the education of children ....

Micro-loans, on the other hand, contribute to the transfer of low-income beneficiaries, who are employed - usually - in the informal sector (hawkers, for example) to the private structured, and thus enable them to work legally and orderly manner, all as a result of micro-project development and growth.

- Empowerment of women : women are vulnerable group of the population, suffer most from poverty and social exclusion, economic, and health for women are major inequalities in utilization of various services (education, health ...) Micro Loans, originally, was addressed primarily to serve women .

Women in rural areas bear the burden of a large part of the tasks and works in agriculture and traditional industry and the White, but that work is unpaid, and studies show that microfinance can contribute to the emancipation of women from economic dependence and play a fundamental role in the autonomy of women, be microcredit to grant women the self-confidence and helps to strengthen their independence and their contribution within Jmathn When women benefit from a small loan and a member of the project, many aspects of the parallel turn, belong (food, education, health ...) and the project is not only alone.

By Rachid AJMAL