The ‘Seductive Promise’ and Peril of Microfinance
KQED's Forum
Debt Imprisonment: The Case of Finda
This chapter recounts the story of Finda, a woman jailed for a $150 debt to a microfinance lender, shedding light on the dire prison conditions and systemic problems associated with debt imprisonment in Sierra Leone. It further discusses the implications of microfinance practices, revealing the emotional and psychological toll of debt on individuals while calling for more substantial solutions to poverty amid a backdrop of neoliberalism.
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