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Women's Empowerment and Microcredit in Brazil: A Case Study of the Banco do Povo de Itabira
by Laura Proano, Lynn Fischer in 2005
World Region: Latin America & The Caribbean
The study includes data collected from structured interviews with 29 active female repeat borrowers of the Banco Do Povo. The thesis finds women’s participation in Banco Do Povo empowering because women expand their choices by gaining access to credit, growing their businesses, gaining the respect of family members, experiencing increased self-confidence and reinforcing their status as independent female microentrepreneurs.The thesis recommends that Banco Do Povo loosen loan regulations, provide additional services and increase outreach to microentrepreneurs of Itabira. It also recommends that the Brazilian government support microfinance programs to facilitate their positive social and economic impacts.