Women and credit – Part 1: Women learn about credit

    | November 2, 2009

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    Our news story from Mauritius focuses on three women who produce and sell eggs to earn a living. The women were poor, but a small bank loan provided the money they needed to purchase hens. Small loans such as these are sometimes called microcredit loans. You may have heard of microcredit or microfinance institutions that are established to provide small loans. Often, people who are not eligible to receive a loan from a traditional bank are able to get a small loan from a microcredit institution.

    In this week’s script, two women talk about the possibility of getting a loan. They would like to invest in their farm in order to produce enough food for both their family and the market. The script describes what a credit group is, and suggests some things that farmers should consider before taking out a loan.

    This script can also be found online at:

    If you use this script, you may also wish to use the following companion scripts:

    -Women and credit – Part 2: Women start a revolving loan fund: http://www.farmradio.org/english/radio-scripts/57-4script_en.asp
    -Women and credit – Part 3: Women set up a purchasing and marketing cooperative: http://www.farmradio.org/english/radio-scripts/57-5script_en.asp