A Comparative Study of Microfinance/Women’s Empowerment Initiatives in Africa and Latin America

Date
2018-04-10
Language
American English
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Abstract

This poster will compare and contrast microfinance/women’s empowerment initiatives in Kenya, Sierra Leone, Nicaragua and Mexico. It will provide a brief overview of each country included in the study and why it was chosen and compare various features of several of the microfinance organizations working in this country, including their level of sophistication, their processes and approaches, their collaboration with partners in the host countries, and the outcomes of their activities. The poster will also recommend ways that attendees can be involved with or support microfinance/women’s empowerment projects.

Description
This poster will compare and contrast microfinance/women’s empowerment initiatives in Kenya, Sierra Leone, Nicaragua and Mexico. Supported by the CSL and community partnerships, the presenters work with microfinance/women’s empowerment organizations that serve these countries and their involvement as expanded and deepened over the past few years. These countries provide an opportunity to compare two countries from Africa with two from Latin America, including a large and small country from each region. These countries are either well-served or only lightly served by a variety of microfinance organizations. All four countries have experienced many challenges recently, such as natural disasters, civil war, economic hardship, crime and sectarian violence and disease. The poster will provide a brief overview of each country included in the study and why it was chosen and then compare various features of several of the microfinance organizations working in this country, including their level of sophistication, their processes and approaches, their collaboration with partners in the host countries, and the outcomes of their activities. For example, one of the microfinance organizations is large, quite influential and provides loans along with money management and empowerment training, while another organization, even after 50 years, is still very small, gives grants rather than loans, and borrowers are expected to contribute a percentage of the overall costs of a project. The poster will also provide some recommendations for how attendees can be involved with or support microfinance/women’s empowerment projects. Photographs from Kenya and Sierra Leone are from the website of Right Sharing of World Resources (RSWR).
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Cite As
Hook, S.A. and Lawler, A.: A Comparative Study of Microfinance/Women’s Empowerment Initiatives in Africa and Latin America [poster]. 2018 Robert G. Bringle Civil Engagement Showcase, IUPUI, Indianapolis, Indiana, April 10, 2018. Photographs of Kenya and Sierra Leone from the Right Sharing of World Resources (RSWR) website.
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