Investigating the Role of Micro-Finance in Female Empowerment, Kawangware Division, Nairobi County

However, the contributions of women to the economy have gone unrecognized and unvalued. Also, there is unequal opportunities between men and women in the workforce, which means that women do not receive an opportunity at demonstrating their ability to lift themselves from poverty and similar issues, and their options to improve their lives are limited or nonexistent. However, I feel that what men do not realize when oppressing women is that women make up half of the world's population. This ultimately means that women also make up half the workforce. A nation that limits women and discriminates against them cannot reach it's full potential or productiveness. On the other hand, if a country's government, businesses, and overall, the communities invest in women, developing countries are less likely to be striken by poverty. Women are educated to wisely manage the money that they earn, which results in less poverty because they will know how to save and spend her money properly. To add on, economic empowered women raise healthier and better educated children, which results in children that will continue to manage money wisely, with their mother's guidance, and ultimately this would lead to a decrease in poverty. Economic empowerment means not only reducing

Another view of poverty is that is gender bias, that women are mostly like to live in poverty then men are, for this approach we going to discuss the Feminist Perspective. In 2006, 54 % of women lived in poverty ages 18 and over (NAPO 2006). This perspective uses the gender-based analysis, which works to understand the structures that contribute to women in poverty. Another interesting factor about this perspective is that it using the narrative analysis which focuses on women’s experiences with a symbolic approach which is put into data interpretation.

Women empowerment means to identify all kinds of oppression based on gender roles and to face it. This process has two dimensions: individual and collective. At the individual level, access to information about gender role and its social source lead women to seek for their autonomy and freedom. When they realize that the female social being is a social construction, nor a changeless reality, they can better indentify

The existence of poverty is to commonly overlooked and denied by many. This is true when you or a friend have probably walked by a beggar and gave him/her nothing. You think he does drugs or you think he drinks but in reality he might have just made one mistake and there was no one there to help him back up. This chain of having no money is a factor that can destroy one’s self reputation. Poverty affects the health and education of those below the line of

    Women in developing countries take out loans to start businesses and make money. Women struggling to make money take out these loans start a business to make money and pay off the debt from taking the loan. They are able to further support their family along with themselves as the debt is paid off and the business makes more money. Individuals living in poverty filled communities rely on informal employment to make money. Micro-credits have been directed more towards women because they invest money in goods and services. They do not need to depend on their husband for money when they have their own business to make money. When women take out loans to start their businesses they get stronger and get independence from their husband. When women invest in good and give services they help their family and themselves in an effective way. This could benefit women in poverty towards coming out of poverty.

Poverty can be defined as a condition that people suffer from due to lack of economic resources. For being such a prosperous country, the United States possesses a persistent problem. The problem is the poverty rate in America and how it has become a force that continuously grows. One fact that American citizens are not aware of or do not wish to implement in their minds is that nearly 50 million people in the United States live in poverty. Amongst the 50 million people in the United States that live below the poverty line, over 5 million more were women than man. This phenomenon as to in which women experience poverty at far higher rates than men is described as feminization of poverty, a term coined by Diana Pearce in 1978 (3: Thibos).

Throughout history, women have been victims of oppression. Even though there have been attempts to shed light on the issue that women face worldwide, it seems as if humanity still does not understand its importance. Society has tried to mold everyone to believe that white heterosexual men are superior to those who do not fit the hegemonic norm. However, there have been women and men who dedicated their lives to fight this worldwide issue. Amongst those people are Nicholas Kristoff and Cheryl WuDunn, who are authors of Half the Sky: Turning Oppression into Opportunity for Women Worldwide and who are also featured in the movie documentary. Ishrad Manji defines Gendercide in his article “Changing Lives” that was published in The New York Times as “the daily slaughter of girls in the developing world” and it “steals more lives in any given decade than all the genocides of the 20th century.” Sex trafficking, forced prostitution, maternal mortality, and gender-based violence are subjects that are especially exposed. Therefore, the Half the Sky Movement has proposed microfinance and education as ways to overcome these problems.

In both developing and emerging economies, microfinance has vastly and increasingly been seen as one of the most important means for enhancing the lives of the poor and therefore a major tool for economic and social development mostly in rural areas. Lately, contrary to this widespread belief, critics have raised eyebrows against this growing popularity of microfinance as a major tool for enhancing economic development. Contrary to belief, they are of the opinion that microfinance is a ‘make-belief’ that is hindering economic and social development rather than enhancing it.

Poverty has increasingly become a noticeable issue worldwide over the past couple of decades. With the middle class steadily decreasing, considerable amounts of people are becoming part of the lower class, and even more of our world’s population are beginning to live in poverty. It is important to understand there are different definitions of poverty, and that is largely determined by what each country’s government determines as the cut off of poverty, otherwise known as the ‘poverty line’. Although some people could live above the poverty line, and still be struggling financially, it goes unrecognized by most research collection. However, what was initially noticed around the 1970’s is that there was a significant rise in women’s poverty statistics. More female-headed households were living in poverty, and a majority of those women belonged to a minority. This recognizable trend has been deemed the ‘feminization of poverty’, which according research is not only a growing problem in North America, but several other countries around the world. Information gathered about this issue in the United States shows that female-headed households is by far the fastest growing type of family structure, and due to the fact there is a growing poverty level amongst this group, it now means that approximately half of the all the poor in the United States live in a women-headed family and household. (Gimenez, 1999, p. 336) The biggest question when is comes to this particular topic is why?

The programme has been lengthened and modified, enduring several political transitions. A growing number of developing countries have introduced (CCT) programs – poverty alleviation programs that provide funds to adult women in households in exchange for a certain actions such as children’s school attendance, school performance, and preventive health care visits (Rawlings and Rubio 2003: Maluccio and Flores). This was giving women finical power, which weren’t always in the favorable with the husbands, which led to violence and households having issues. Women might become creditworthy and hence more susceptible to getting into debt, and subsidy growths their dependence rather than promoting a livelihood. The PROGRESA CCT programme incorporates stated principles of: gender equality, the importance of improving daughters and mothers' educational levels, and of women's personal development, leadership and citizenship. Only two programme evaluations have pursued to understand gender impacts on all household members, rather than focusing specifically on the

Poverty for centuries has been a very severe issue that has troubled many nations while impeding economic developments and progress. Poverty stricken countries are majorly concentrated in the continents of Africa and Asia. Continents like the Americas and Europe have globally been recognized as been wealthier yet still many parts of these ostensible countries face massive cases of poverty. Most at times, countries with high populations owing to high birth rates face the most cases of poverty. The definition of poverty can be boundless in the sense that poverty entails so many subsections as it sometimes gets complicated to group everything under one umbrella. Society tends to focus more on the tangible aspects of poverty because many people associate poverty with lacking money and it makes sense because poverty in terms of lacking money is a major problem affecting almost every country in the world. Even though it is debatable that poverty can be physical, intellectual, spiritual and even emotional, it is best to talk about the lack of money and economic developments in this essay. With reference to the oxford English Dictionary, poverty is state of being extremely poor and the state of being inferior in quality or insufficient in amount. Reflecting on this definition given, I deduced that malnutrition and hunger can define poverty. In the light of this, I think poverty is lacking a comfortable place of shelter, being ill and not having access to a better

Poverty is an issue that is faced by multitudes of people around the world. Poverty itself is defined as, “the state of being poor” (Merriam Webster). According to Sara S. McLanahan, of Princeton University, “In the United States, poverty is defined as not having enough income to pay for basic needs, such as food, clothing and shelter. Poverty is a family attribute. In other words, if a family is classified as poor, all the members of that family are also poor” (McLanahan, n.d.). The U.S. Census Bureau, in 2013 shows, “there were 45.3 million people in poverty” just in the United States (U.S Census Bureau, 2013). From those living in poverty, in the same year, “the ratio of the female poverty rate to the male poverty rate was 1.2---women were 20 percent more likely to be poor than men” (Mykyta, 2013, p. 2). Also, “of all people categorized as in poverty in 2011, approximately 56 percent were women” (Mykyta, 2013, p. 2). Sakiko Fukuda-Parr, director of the Human Development Report, portrays a simple truth, “women are poorer than men” (Fukuda-Parr, 1999, p. 99).

Many describe poverty as an economic deprivation, or lack of income. However, this alone does not incorporate the different social, cultural and political aspects of this unfortunate reality. Poverty is not only a deprivation of economic or material resources but a violation of human dignity. The general scarcity, lack, or the state of one without a specific amount of material possessions or money. It is a versatile concept that may be defined as either absolute or relative. Time and again, poverty is a call to action, for the poor and the wealthy alike, it is a call to change the world so that many more may have enough to eat, adequate shelter, access to education and health, protection from violence, and a voice in what happens in their communities.

When we attack poverty on many levels, bringing together aid and education, community and economic development, and bringing empowerment to individuals, women and children, then we can begin to see real change in the communities and society. However, society is strutted in such a way that not all

Yes, I believe that for-profit microfinance institutions (MFIs) are good for the industry. Most notable, for-profit MFIs satisfy the going concern principle that is necessary in order to create a truly inclusive financial system for everyone on this planet. Additionally, for-profit MFIs have easier access to funding sources and have greater regulatory oversight over them, allowing for greater transparency. To help illustrate this point, we will also examine the for-profit MFI Kenya Women Microfinance Bank, which made the transition from a non-profit MFI to a for-profit MFI in 2010 to better meet the needs of its clients.