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London-based Intercollegiate Student Journal

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Day: December 11, 2018

The Case against Female-Oriented Microfinance – Why giving women loans fails to empower them

Western countries have a taste for offering credit, which peaked in the 1980s in the context of the world debt crisis, when conditional loans were used to propagate free market fundamentalism and neoliberal orthodoxy. Since then, ‘credit’ has turned its coat and is working with development, in the form of microfinance. Microfinance is often used…

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