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“[T]he promoters of micro-credits promise to deliver us from poverty and emancipate women. In fact, it is the opposite that happens: we find ourselves trapped in a spiral of over indebtedness, launching infeasible micro-projects that, instead of keeping our heads above water, push us deeper into poverty, stress, humiliation and violence. We are at the end of our tether!

This is part of a declaration recently issued by women from fourteen countries, gathered in a meeting of African activists in Bamako, Mali, in November. Read the rest of this entry »