3min chapter

Rationally Speaking Podcast cover image

Rationally Speaking #136 - David Roodman on Why Microfinance Won't Cure Global Poverty

Rationally Speaking Podcast

CHAPTER

What Is Microfinance?

David Frum: Microfinance has been one of the approaches to helping poor people in developing countries. He says Muhammad Yunus, who would win a Nobel Prize about 30 years later for his work, discovered that he could make loans of a few dollars to very poor people and they would pay back. Frum: The initial excitement in our era began in the late 1970s, coming out of some pilot projects providing loans to poor people,. most famously in Bangladesh.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode