|The Environmental Colours of Microfinance
|Microfinance and Poverty|
A considerable proportion of the population in developing countries are still below the poverty line. Poverty is not a cause, but an effect of lopsided priorities, policies, and resource distribution. Programmes and projects that target poverty through microfinance have enabled higher income generation for the households through a variety of economic and other activities. This is particularly through training and skill development activities, which have led to better job opportunities and higher incomes.
Such targeting has lead, no doubt, to greater awareness of environmental issues. Better skills and products has meant the use of technologies and materials that have less side effects, less hazardous, and better recycled. This has also accorded greater importance to individual safety and health in the long run.
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