Why is microfinance so important for women?
When women have access to financial services become more assertive and confident. Women become stronger in decision-making and even leadership within the families and communities. Studies have proved that Microfinance (having access to financial services) has improved women status within the families and the communities; example women nowadays own assets, including land and housing.
In a world where most poor people are women, studies have shown that access to financial services has improved the status of women within the family and the community. Women have become more assertive and confident. Furthermore, as a result of microfinance, women own assets, including land and housing, play a stronger role in decision-making, and take on leadership roles in their communities.
