Expecting microfinance to promote immunizations?

December 31, 2009 at 1:19 pm Leave a comment

Growing concern of the effectiveness of microfinance seems to be popping up everywhere.  A new empirical study by three economics professors claims microcredit alone is not the panacea for poverty that some hoped it would be.

“The fact that some people expected much more from it (and perhaps they are right, may be it will just take longer), is perhaps inevitable given how eager the world is to find that one magic bullet that would finally “solve” poverty.  But to actually blame microcredit for not promoting the immunization of children is no different from blaming immunization campaigns for not generating new businesses.”

It is not too shocking that microcredit alone does not end poverty.  Maybe we should blame microfinance organizations for not promoting immunizations or pap smears.  Other studies have shown that a combination of health services, business training, and a mix of financial services–as Pro Mujer does–is the most effective way to fight poverty.

Poverty shortens life expectancy more than smoking and has lasting effects on children’s health. By providing those microcredit clients who live on $2 a day with affordable access to health care, we can start to address the crippling effects of poverty that are not financial.  Pro Mujer offers health serv

A Pro Mujer doctor discusses some of the health challenges poor Nicaraguan women face.  Lynne Patterson translates:

Entry filed under: Uncategorized. Tags: , , , , , , , .

Poor Children Pay with Their Health Mother, Leader, & Entrepreneur

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed

Support Our Cause

Follow Us

Spread the Word

Bookmark and Share


%d bloggers like this: