What is microfinance and what are the main critiques


Problem

YouTube Video: "The girl effect: The clock is ticking"

YouTube Video: "Microsavings Empowering Women in India"

a. What is microfinance and what are the main critiques of the micro-finance development model in Moodie's article?

b. Moodie argues that, "despite the apparent failure of loans to increase anyone's household income significantly, all the women I met wanted a loan" (410). According to this article, why then do women want micro loans?

c. Why is it important to invest in girls and women? Do you think micro loans are an effective way to "empower" them?

The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.

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