My hon. Friend may remember that we visited the Women’s Initiative for Self Empowerment, the establishment for microfinance in Bujumbura. The initiative informed us that, because of the personal relationship between the women who borrow small amounts of money and the administrators of the lending, the default rate is very low. Should that not encourage us to look further at such microfinance organisations, and perhaps to encourage them through DFID?
Job Creation: Developing Countries
Proceeding contribution from
Fiona Bruce
(Conservative)
in the House of Commons on Tuesday, 24 June 2014.
It occurred during Adjournment debate on Job Creation: Developing Countries.
Type
Proceeding contribution
Reference
583 c38WH 
Session
2014-15
Chamber / Committee
Westminster Hall
Subjects
Librarians' tools
Timestamp
2014-06-26 11:43:18 +0100
URI
http://hansard.intranet.data.parliament.uk/Commons/2014-06-24/14062434000032
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