Monday, December 10, 2007

The dark side of micro-credit?

Are small-scale loans from Grameen Bank and other micro-credit institutions being used to fund dowry payments? That's the provocative assertion in this essay from openDemocracy: "While micro-credit has benefited large sections of the rural population in many ways, it has also worked against women's solidarity and contributed heavily to the inflation of dowry. Grooms' families are aware that money is available to brides' families more easily now, through Grameen Bank, the Bangladesh Rural Advancement Committee (BRAC) or other NGOs."

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