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India: Microfinance and the Nobel prize

Categories: South Asia, India, Citizen Media, Economics & Business, Women & Gender

Dina on Dr Yunus winning the Nobel prize [1], why it fell in the Peace category and what it means for women in India. “His model is being followed in India as well … and the proliferation of Self-Help-Groups (SHG's), typically groups of women who are given access to microcredit to start a small business, has the potential to empower women by enabling them to make economic decisions and help increase family income. “