Insolvent Women
Our study of insolvency records affords a rare glimpse into the lives of women from different social classes and milieus in Bombay during the mid-nineteenth century. Contrary to colonial stereotypes of Indian women as trapped in oppressive patriarchal relationships, and as weak and helpless, we find that many had independent incomes, owned property, and enjoyed power in the domain of the home and family life. Women from wealthy merchant families actually owned and controlled much of the borrowed capital. We infer from the insolvency records that women who were not wealthy and worked for their livelihood also had considerable agency. In our study, about 38% of the women who petitioned the insolvency courts for protections were dancing girls, courtesans, and prostitutes who had independent incomes and were directly affected by the crash. The incomes of dancing girls and courtesans were low as a whole but varied greatly, as did their social standing and levels of literacy.