There are more than 4 billion people in the world living off of less than 1500USD per year. These are the people worldwide without access to commercial banks and credit unions. These are the people that microcredit lending institutions are here to help. This paper focuses on the advantages to allocating the microcredit loans to female entrepreneurs. Highlighting women’s empowerment through microcredit lending, and using the Middle East as a case study, this paper uses studies from throughout the region that show that microcredit loans are improving communication, access to information regarding rights, and improved household welfare. Through access to credit and literacy, women throughout the region are generating income, which in turn is a key bargaining chip for familiar and societal participation.

Note on the Author

Alida M. Gomez, Administrative Assistant/Program Coordinator, Office of Study Abroad, Minnock Center for International Engagement, Bridgewater State University