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Recently, I found an interesting article on the impact that handicrafts can have a a way out for women whose families are stuck in the poverty cycle.
Poverty Cycle: The set of factors or events by which poverty, once started, is likely to continue unless there is outside intervention.
Many of these young women have dropped out of school in their teens and are required to be the breadwinners of their family, and handicrafts are their only source of income. This method of survival is usually directly attributed to the skills that have been passed down from older generations to the younger ones in the rural villages they come from. For some, this only results in a hand-to-mouth existence, and for others – they have taken their basic skills and expanded to a vast variety of products.
The skills that are passed down to younger generations are essential because they help keep the traditional culture alive and help create a source of livelyhood for women with few technical skills. Microfinance is the key concept that helps such young entrepreneurs go from a hand-to-mouth existence set up and thrive.
For more information and to view the article, click here.