Microcredit Pitfalls: The Experience of Dalit Women in India
FRIDAY FILE: Microfinance is often regarded as having significant potential to alleviate poverty. Despite some success stories, though, micro-credit arrangements with unscrupulous lenders frequently contribute to making bad situations worse by driving women deeper into poverty and desperation. Many Dalit women have experienced the down-side of microcredit, the most common form of microfinance.
By Kathambi Kinoti