Pande in BBC Storyworks: Designing credit that works for women
Rohini Pande discusses research on microfinance and how well-designed investments in women's economic power can create a ripple effect that uplifts families and communities.
This article first appeared in BBC Storyworks on July 31, 2024
...Access to formal credit is a vital economic resource that many of us in the Global North take for granted. We borrow money not only to afford expensive items, but also to invest in businesses, education, or skills that will generate income. And as we do so, we have access to a market that offers a wide range of credit options, and can choose the best one for our investment or purchasing needs. Yet even in well-developed markets, women are often at a disadvantage. Research shows that women are more likely than men to be denied loans or receive less favorable loan terms.
Read more on the BBC Storyworks website.