The use of microfinance to enhance income generation and job opportunities among the poor is a popular tool for governments and non-governmental organisations involved in raising standards of living in developing countries. Providing very poor families with small loans to invest in their micro enterprises, Village Bank empowers them to create their own jobs, increase their incomes, and increase their families’ well-being. As women are more likely to spend the majority of their personal incomes on improving the family situation, this economic empowerment greatly benefits their children, who are generally more likely to attend school and have better nutrition.
This article is hosted by our co-publisher Taylor & Francis.
How to cite this resource
Citation styles vary so we recommend you check what is appropriate for your context. You may choose to cite Oxfam resources as follows:
Author(s)/Editor(s). (Year of publication). Title and sub-title. Place of publication: name of publisher. DOI (where available). URL
Our FAQs page has some examples of this approach.