My take on microfinance

All in all I really think that microfinance is one of the best ways for women to get out of poverty, because they can build up their own business on their own, they only loan the money, but at the end they end up with, for most of them, a good profit. Doing it in groups also helps a lot, because if one of the women has to pay a sudden medical bill or something like that the others in the group has agreed to pay for her if she cannot. It is also really helpful to teach them about savings and book keeping so that they can use their money better and so that they know what they are spending it on. But I think my one and a half months was too short a time to be there.