Abstract
Microfinance for decades it have been a pillar
by fighting against poverty in the rural areas. Their
program finances the small businesses of the rural women
who are participating in the program. Currently the
challenge is most of women participating in these
programs do not have any operating businesses, while
these women are good at paying the installments.
Cooperation and coordination that these women have
within the microfinance program, when attending
meetings and paying back installments can be used in
cooperatives enterprises. This paper suggests that the
microfinance institute works together with government to
help these women start cooperatives. The money that they
loan from microfinance instead of being used for personal
needs can be used to finance the cooperatives. This will
empower these rural women; there will be creations of
jobs and eradication of poverty within the rural areas.