There's Nothing Micro about a Billion Women: Making Finance Work for Women

Why it takes more than microloans to empower women and promote sustainable, inclusive economic growth.Nearly one billion women have been completely excluded from the formal financial system. Without even a bank account in their own names, they lack the basic services that most of us take for grantedsecure ways to save money, pay bills, and get credit. Exclusion from the formal financial system means they are economic outsiders, unable to benefit from, or contribute to, economic growth. Microfinance has been hailed as an economic lifeline for women in developing countriesbut, as Mary Ellen Iskenderian shows in this book, it takes more than microloans to empower women and promote sustainable, inclusive economic growth.Iskenderian, who leads a nonprofit that works to give women access to the financial system, argues that the banking industry should view these one billion unbanked women not as charity cases but as a business...