This is a blog about microfinancing trend, practice and resources in China. I am currently volunteering for Wokai, a financing institute for MFI orgnaizations in China. This is a journal of my work.

Showing posts with label microfinance psychological benefit self help. Show all posts
Showing posts with label microfinance psychological benefit self help. Show all posts

Wednesday, March 25, 2009

A Small Loan Can Be Psychologically Uplifting for Poor Women in Rural China

Read this article on China Crossroads, a corporate social responsiblity site, about how a small loan changed a Chinese woman's life and her outlook on life as well:

Mrs. Shu is one of thousands of Chinese women that have been empowered –
both economically and personally – through microfinance.

(She says) “Several years before, I relied on part-time jobs…. Everything I did was controlled by other people"

(A small loan from a local MFI helps her to believe now)"if you want to make more money, you have to develop your own self.”

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This is a blog about microfinancing trend, practice and resources in China. I am currently volunteering for Wokai, a financing institute for MFI orgnaizations in China. This is a journal of my work.