Write 5 pages with APA style on How Micro Credit Empowerment Has Led to Domestic Violence in Intra Households. The State of the Microcredit Summit Campaign 2001 Report indicated that 14.2 million of the world’s poorest women had access to financial services through microfinance institutions. banks. NGOs. and other nonbank financial institutions. These included 74 percent of the 19.3 million of the world’s poorest people served by microfinance institutions. Donor poverty alleviation strategies have focussed on micro-finance strategies targeting women. Initiatives by CGAP and member donor agencies will cause an increase in funding, and this expansion is dominated by the “financial self-sustainability paradigm.” The aim is to develop programs that are profitable and fully self-supporting, with the ability to raise funds from international financial markets rather than relying on funds from various development agencies. The concern for financial sustainability and evidence of higher repayment rates by women has led many programs to target women. Aid donors. governments. scholars. and other development experts have focussed on microfinance as a strategy capable of reaching women and involving them in the development process (Cheston and Kuhn, 2005).


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