Women 's Development Goals Gender Chart Essay

1146 Words May 11th, 2015 5 Pages
Among many measures, one of the most notable approaches that attempted to provide women more economic freedom has been microfinance. According to the study by Lapeneu and Zeller (2001), which shows the general distribution and performance of microfinance institutions (MFIs) in developing regions, Latin America has been active for microfinance and been well-served. Noting that female members consisting over 50% of clientele in MFIs in Latin America, it also suggests that the female participation in the programme has been notable in the region (Lapeneu & Zeller, 2001: 29-30). Duflo’s claim that the poverty reduction may help empower women without explicitly targeting them (2012: 1055-1056) seems to have been the case for the microfinance in Latin American context, as there has been positive observation as to the influence of the programme that ‘children of microfinance clients are more likely to go to school and stay in school longer’ (Pantelić, 2011: 797). While only illustrating an aggregate dataset, Millennium Development Goals Gender Chart (UN Women, 2012) also shows that girls’ lower education enrolment rate has increased in Latin American region and describes poverty as the “most important factor preventing girls and boys from attending school”. It is possible, therefore, to consider microfinance as a successful measure in creating basic economic opportunities for those in poverty to alleviate the problem, during which women can be empowered benefitting from, for…

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