“Microcredit is a useful strategy for poor women but it can have disadvantages”. Comment on this statement with examples.

Introduction Microcredit refers to the provision of small loans to poor individuals, especially women, who lack access to traditional banking services. These loans are typically given without collateral and are intended to support income-generating activities like small businesses, farming, or handicrafts. While microcredit has empowered many poor women, especially in rural areas, it also comes […]

“Microcredit is a useful strategy for poor women but it can have disadvantages”. Comment on this statement with examples. Read More »