Empowerment instead of aid? The Cambodian microfinance crisis exposes patterns of over-indebtedness despite microfinance’s promise of ethical finance. What responsibilities do investors bear?
DEBT INC. challenges people to think about the true nature of the microfinance machine
DEBT INC.
Cambodia shows why microfinance repeatedly ends in crisis. The promise of empowerment through credit turned for many people into a spiral of over-indebtedness, land loss and existential pressure. How did a model once celebrated as an innovative tool against poverty became part of a human rights crisis?
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