3 Main Types of Debt Owed by Women

Are you in debt? Generally, women don't tend to have more debt than men. However, this is not true when it comes to young women. According to a survey by LendingTree in 2017, women aged 22 to 37 are less financially satisfied, own fewer homes, and have more debt than men of the same age group. It was found that these women held an average debt of $68,834, which was about 30 percent higher than the average debt of $53,017 accumulated by men. There are certain types of debt that women are more … [Read more...]

Nepal: Boosting entrepreneurship among poor rural women

Nepal: Boosting entrepreneurship among poor rural women Chitrakali Budhamagar began her career in 2003 collecting yarn made out of 'allo' (Himalayan nettle) and selling it in the Nepalese capital Kathmandu. With the money she made selling yarn, she bought readymade garments to sell in her home village of Pyuthan, in the western part of the country. Born to a poor peasant family, Chitrakali had few other options. However, in 2005, opportunity knocked. She enrolled in a three-month … [Read more...]

The Brookings Institute, THE BURDEN OF PUBLIC DEBT AROUND THE WORLD

The Brookings Institution and the Financial Times have released an update to the "Burden of Public Debt Around the World" interactive feature, which reflects the sovereign sovereign debt crisis in Europe and issues surrounding the U.S. debt ceiling debate. Brookings Senior Fellow Eswar Prasad and his colleague Mengjie Ding illustrate how the ongoing debt burden in advanced economies is now a global threat. The interactive feature at FT.com illustrates the vast difference in public debt held by … [Read more...]

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