SAVING OR SPENDING MONEY.

As a microfinance project, an association of women in central Iran began to keep bees for honey in 2000. Initially they made money, which transformed some skeptical family members' expectations, but, by 2004, most of the women had lost their bees and thus their source of revenue. Simultaneously, the...

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Publicado en:Journal of Middle East Women's Studies (Indiana University Press) Vol. 9; no. 1; pp. 110 - 126
Autor principal: ALIREZANEJAD, SOHEILA
Formato: Artículo
Publicado: Indiana University Press Winter2013
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        Beekeeping
        Women
        Personal finance
        Microfinance
        Decision making
        Families
        Iran
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          Iran
          Beekeeping
          Women
          Personal finance
          Microfinance
          Decision making
          Families
      ab: As a microfinance project, an association of women in central Iran began to keep bees for honey in 2000. Initially they made money, which transformed some skeptical family members' expectations, but, by 2004, most of the women had lost their bees and thus their source of revenue. Simultaneously, the women attracted some donors' financial support but were unable to raise adequate capital to re-start their businesses. These women did not save money to improve or maintain their business. I argue that their inability to save money was due to 1). their failure to distinguish between different kinds of money (income, grants, and loans), and 2) their expectations to receiving money from donors. Based on seven years of close interaction with these women, this article addresses the socio-cultural factors that prevented the women from saving money while making it.
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