Question

Why do you think women entrepreneurs are often labeled with microfinance?

Answer 1

Women are seen as inferior to men especially in the business world. While women have made huge contributions with businesses they are not respected as such. There is still a stigma that women should be at home and not in the workforce and microfinance downplays women's roles in the business world because it means women can not handle money or run a business correctly.

Answer 2

Mohammed Yunus, the father of microcredit, often concentrates his microcredit efforts to women. According to him, women make better use of small loans than men, as they almost always spent their money in ways that help their families over time. Women also tend to have higher repay rates and they work harder than men. Loans also give women empowerment in this men-dominated environment.