The ‘Seductive Promise’ and Peril of Microfinance
KQED's Forum
The Burden of Microfinance
This chapter explores the complex realities of microfinance through the experiences of Yabom, a woman in Sierra Leone, highlighting the promise and perils of microloans. It examines the cycle of debt faced by borrowers, particularly impoverished women, and questions the sustainability of high-interest microfinance models.
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