Economic Development & Microfinance
Women contribute actively to economic development and sustainability. Their social status determines their access to opportunities for economic autonomy and advancement. In the US, the glass ceiling is still firmly in place in many sectors of the economy. Globally, economic development efforts are doomed to failure without women’s active involvement and participation. More efforts need to focus on empowering women as wage earners, entrepreneurs and business owners. Microfinance programs also offer great potential to lift women out of poverty.