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Microfinance was supposed to save Asia’s poor. Why has it failed to live up to its promise?

For the poorest households in Asia, even small loans can lead to expensive debt traps.

Microfinance was supposed to save Asia’s poor. Why has it failed to live up to its promise?
Image via The Conversation.

PRESSIVIO NEWS BRIEF · OPINION

Pressivio’s Opinion desk has added the source report “Microfinance was supposed to save Asia’s poor. Why has it failed to live up to its promise?” to its international monitoring stream.

For the poorest households in Asia, even small loans can lead to expensive debt traps.

Original source: The Conversation
Read the full report at The Conversation →

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