Urgent Evoke

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Don't know if any of you are also getting the problem with the WomenWatch page taking forever to load but I would have thought the UN would have it's IT services pretty well sorted.

Perhaps I should be donating my time to help with that. :-)

While I was waiting I searched some other sites for knowledge to share.

Thought this was an interesting twist to microfinancing for women.

I always find it a little embarrassing for my gender that microfinancing works so much better with women than it does for men. Trustworthiness directly impacts on costs. Have males have shot themselves in the foot, by following the win/lose philosophy of a hunter/killer? The innate characteristic of nurture found in women fits more comfortably in a win/win environment required for microfinancing to work.

Views: 31

Comment by Nicholas Nagao on April 8, 2010 at 11:27pm
Interesting observation Greg. I agree that typical gender roles have women in more of a supportive and collaborative role. I wonder how much of it is really innate in them due to motherly instincts, and how much is due to culture which has further asked them to play these types of roles in society. At any rate, I agree that it's usually easier to trust women more than men (at least in business, but personal stuff is a wh*** other matter in my opinion hehe ).
Comment by Ethan Walden on April 8, 2010 at 11:27pm
I think that we, men are working under the premise of "winner takes all"
like Mr.Taleb says, women are definitely educated in another model of distribution,
way more evolved than men.
Comment by Ethan Walden on April 8, 2010 at 11:33pm
"but personal stuff is a wh*** other matter in my opinion" LOL
man, would you let the girls respond before you get on their throats?
Comment by Nicholas Nagao on April 8, 2010 at 11:39pm
Ethan you should know my style by now...I like ruffling a few feathers for affect every now an then ;) Hopefully everyone on the site knows I'm just trying to keep it fun :)
Comment by Ethan Walden on April 9, 2010 at 1:54am
you are definitely keeping it fun
Comment by Rahul Dewanjee on April 9, 2010 at 10:31am
Thanks for sharing this insight Greg. Following the link to the inspiring blog of Meena Kadri that's mentioned in the article posted above, I was really inspired by the powerful message when she said: “only some poor people will benefit from the chance to borrow, but almost all will benefit from the chance to save.”

+1 for sparking such an interesting conversation.
Resilience is a specific trait that Indian women have acquired to deal with historic scarcity (since Independence from the British rule in 1947). While Independent India was struggling to come to terms of its resource expropriation by its colonial rulers, Indian women in particular have demonstrated their remarkable resilience to keep feeding their children and running the household. While women were truly constrained from taking up professional careers (which is not any more now), they were simply making every effort to genuinely create resourcefulness in Indian households creating a culture of savings and thoughtfulness. This is perhaps one of the reasons why today "baachat" (Indian for savings) and "jugaad" (Indian for resourceful) have been possible in families in India in the face of rising costs of living in almost every urban areas in India where a large section of the urban poor have been migrating from rural hinterlands.

The resilience of women in the face of adversity especially in the context of societal framework prevalent in India where quitting (read: divorcing the partner) is simply not a practical option (due to legal delay or social pressures), women in the below poverty line (BPL) segment is seen to be extremely resourceful with every rupee. The blog link in the article also talk about "Dharavi" in Mumbai (previously Bombay) touted as Asia's largest slum is often a hot seat for primary social research in India simply because it's context can be extrapolated to bring the issue of relevance into wider society.

The issue of micro-savings when put into the context of micro-finance is seen as a financial 'social' innovation in India. What makes it unique in the Indian sub-continent is both an institutional acknowledgment and a social endorsement of "resilience" of women. In a robust democratic setting like India, with fully functional judiciary and a development focused political leadership currently, the trust framework necessary for micro finance industry to complement traditional banking could be sometimes interpreted as a direct effect of this resilience that women demonstrate.

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