Why are the majority of Micros loans for women?
Providing micro loans to women enables them to access health care, buy nutritious food for their children, send their children to school, improve their living conditions, gain confidence, and promote gender equality. Supplying capital empowers women to help financially support their families. Children can attend school when not forced to help support the family, thereby promoting education. Women can keep their families healthy with regular check-ups and the financial ability to purchase medicines. And they are able to purchase food to vary their diet and not rely strictly on what they grow. Investing in women can lift an entire community out of poverty. Not only do they show a higher loan repayment rate, they also work two-thirds of the world’s waking hours. Women are innovative, dedicated, and given the proper tools, industrious. Statistics show that women, as the primary caregivers of children, consistently spend more of their income on their children and families. And they only ear
