Is Zimbabwe’s micro-finance helping women? - English edition
▻http://mondediplo.com/blogs/is-zimbabwe-s-micro-finance-helping-women
International development agencies, NGOs and governments including the US, tout microfinance institutions (MFIs) as the panacea to the socio-economic conditions of the poor. But as FAIR investigations in and around Bulawayo revealed, Zimbabwe’s growing microfinance sector could well be strangling the aspirations of women seeking to enter into small business ventures. Though conditions facilitating access to money became easier, many were attached with high interest rates, instant repayment, and fraud.