Extension-Led Demonstration: Grameen Microfinance Methods and Capital Access for Low-Income Female Entrepreneurs

Autor/in	Edelman, Mark A.
Titel	Extension-Led Demonstration: Grameen Microfinance Methods and Capital Access for Low-Income Female Entrepreneurs
Quelle	In: Journal of Extension, 59 (2021) 2, Artikel 1 (7 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	1077-5315
Schlagwörter	Extension Education; Demonstration Programs; Financial Support; Barriers; Low Income Groups; Females; Entrepreneurship; Small Businesses; Loan Repayment; Money Management; Credit (Finance); Program Effectiveness; Iowa (Des Moines) + Suchen Sie Ihr Suchwort? Erweitertes Bildungsangebot; Finanzielle Förderung; Weibliches Geschlecht; Unternehmungsgeist; Kleingewerbe; Credit; Kredit
Abstract	A nonprofit community development financial institution and Extension collaborated to conduct a demonstration project to evaluate efficacy of Grameen peer-group microfinance methodology in addressing barriers faced by low-income women entrepreneurs in a small metro area. Program performance metrics achieved by 284 culturally diverse, low-income entrepreneurs (almost all women) over 5 years included a program loan repayment rate of 99%, increased average client income, bank savings accumulation, and increased opportunities for improved credit scores. Client survey responses indicated program methods developed confidence and skills in finances, leadership, and teamwork. Extension professionals may play various roles in such endeavors. (As Provided).
Anmerkungen	Clemson University Press. 116 Sigma Drive, Clemson, SC 29634. Tel: 864-656-7156; e-mail: journalofextension@clemson.edu; Web site: https://tigerprints.clemson.edu/joe/
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01