The ‘Feminization of Poverty’ in Developing Countries and the Role of Microfinance in Poverty Reduction

Authors

Serah Makka, University of North Florida

Volume

Volume IV, 2004

Faculty Sponsor

Elizabeth J. Porter

Document Type

Article

Publication Date

2004

Abstract

This article is by no means a comprehensive analysis of the differences in the economic roles and impacts of men and women in different societies. It serves as a brief overview of the place of women in the economies of the developing world. Without question, women have an active economic role in developing economies. However, the more pressing question is the extent of the role of women, not just as mothers or caretakers of the future, but also as the keys to economic resurgence. This article examines the economic costs of gender discrimination to societies, especially to the economies of developing countries, and then briefly examines the reality of women’s economic contributions. In addition, the anomaly between the perception of women’s economic contributions and the reality of their contributions is discussed. Finally, this paper explores the role of microfinance as a tool to be used to better reconcile women’s economic potential and their roles in the formal economy.

Suggested Citation

Makka, Serah, "The ‘Feminization of Poverty’ in Developing Countries and the Role of Microfinance in Poverty Reduction" (2004). All Volumes (2001-2008). 87.
https://digitalcommons.unf.edu/ojii_volumes/87