The Importance Of Microfinancing And Education

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Education and money are very powerful resources. In low-income countries women are more susceptible to lack of education and abuse. It is a chain reaction. If women are educated they are more likely to have access to income. When earning an income, women are less likely to be abused by their partner. Therefore, it is important to keep girls in school because without an education there are seldom opportunities to earn an income. In order to keep girls in school, communities must use cost-effective strategies. Microfinancing and education has been very successful in strengthening the status of women and protecting them from abuse
In Half the Sky, the authors give great examples on how microfinancing protects women. Along with protecting women,
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Intestinal worms greatly affect the intellectual and physical growth of children. Therefore, deworming children allows them to be more alert and attentive in school. As a result of deworming children will no longer be ill and will be capable of attending school regularly. For example, Half the Sky discussed a study that was conducted in Kenya which found that deworming students lead to a decrease in absenteeism by a quarter. This process is cost-effective because deworming can cost as low as 50 cents per student. Along with deworming, bribery has been proved to increase the attendance of girls in …show more content…
This program offers families cash grants if they keep their children in school. According to the World Bank, the program has proven to increase high school attendance of girls in school by 20 percent. Lastly, menstruation management is also another cost-effective method to increase school attendance of girls. For example, in Africa girls reuse old rags during their periods and will often stay home to avoid embarrassment from leaks and stains. If girls have access to pads, tampons, and toilets during school female attendance will increase. One example of this provided by Half the Sky, is of an organization called FemCare. This organization makes tampons and pads and started its own project by building toilets in schools and providing free pads to girls in Africa. This project allowed girls to attend school during menstruation and as a result increased attendance. It is important to understand that both education and money play an important role in protecting

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