Article: Banking on Bananas, Crediting Crafts: Financing Women's Work in the Philippine Cordillera

  • B. Lynne Milgram Ontario College of Art and Design
Keywords: Globalization, Microfinance, Phillippines, Rural women, Women farmers


This paper addresses the emergence of microfinance programmes in international development as a preferred strategy for povertyalleviation and empowering women. Drawing on ethnographic research in the Philippine Cordillera, it argues that microfinance projects have embedded social change objectives in initiatives driven by market-led forces thereby failing to realize social justice for women. To effect a more normative agenda for development, this paper suggests integrating women's perspectives and initiatives other than credit.