Microfinance for women in Morocco
Organized by: Julianne Norman
Julianne Norman via Crowdrise
May 15, 2014
Did you know that children who are born to literate mothers are 50% more likely to live past the age of five than those born to illiterate mothers? A girl's education doesn't just affect her well-being, but can improve the livelihood of her community too. Last year, The Economist highlighted the importance of educating women through the story of a Pakistani woman who killed her son when she gave him the wrong dosage of his medicine because she could not read the label. Everyone deserves an education so that they can protect and provide for their families. According to the World Bank, gender equality is “smart economics,” since “an increase of one standard deviation in student scores on international assessments of literacy and mathematics is associated with a 2 percent increase in annual GDP per capita growth." A girl's individual wage rates increase by 20 percent with an additional year of school (World Bank, 2011). Providing women with equal access to education advances human capital by equipping women with the skills suitable for participation in the labor force. With marketable skills, women can more easily secure employment, control their earnings, and be active and independent members in society.
Rural Morocco in particular suffers from gender inequality in education, as over 75% of women in the countryside are illiterate. I want to help close the gender gap through microfinance projects and secondary education assistance for girls, specifically in developing countries like those in North Africa. I recently received my Masters of International Affairs, focusing on international and social development. In one graduate project, I designed a pilot plan to alleviate gender disparities in educational access in Morocco. I am eager to apply my knowledge in the field by volunteering for two months with an NGO. In Morocco, I'll have the opportunity to work on local micro finance projects for women and volunteer at a secondary school where I’ll look at how to improve quality and access to education. I just need funding for my plane ticket....