2min chapter

The Rich Roll Podcast cover image

Jacqueline Novogratz On Cultivating Moral Imagination, Practicing Courage & Pursuing Work With No End

The Rich Roll Podcast

CHAPTER

The Importance of Accountability in Microfinance

In the early days of micro finance, there was this idea that people would not repay their loans. The repayment a percentage is waigh higher than it is for loans dold out to a higher supos. So when we first started, particularly this bakery that i started, the women ripped us off blindly. And so we had a choice. We we build it in a way that is financially sustainable,. an allows them to grow and prosper or. It becomes like too many other stupid projects where it works for a few years and then is gone.

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