New York Times: Sewing Her Way Out of Poverty
I came to Kenya partly to help make a PBS documentary about empowering women as a way to lift families and communities — men included — out of poverty. And I promptly met a prostitute-turned-businesswoman who epitomizes that theme. ...
... In Jamii Bora, Jane was pushed to save for the future, to lean forward. There is growing evidence that the most powerful element of microfinance is not microlending, but microsavings, and that’s how Jamii Bora starts: it encourages members to save small amounts, perhaps just 50 cents a week. Then members are coached to use those savings, coupled with loans and training, to start tiny businesses. ...
Comments
You can follow this conversation by subscribing to the comment feed for this post.