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Empowering Women to Fight Poverty

In Muhammed Yunnus’ book, Banker to the Poor, he writes about their decisions to prioritize loans to poor women. He says the women were more likely to invest additional income for the long term benefit of the family and slowly raise the family’s standard of living. Men, however, were in general more likely to spend extra money on themselves. Obviously, it makes sense to empower responsible men; the point is that people on the ground amidst poverty recognize this practical value in empowering women.

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