Digital Video
The Dark Side of Microfinance
All across the developing world, the dream of microfinance—profiting while aiding the poor—has gone horribly wrong for those it was meant to help.
Bloomberg Storylines: The Dark Side of Microfinance
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Microfinance, once hailed as a miracle cure for poverty, has become a lending system run amok—and institutions that could help fix it are feeding the frenzy.
On this episode of Bloomberg Storylines, we travel all across the developing world to see how the neoliberal dream of profiting while aiding the poor has gone horribly wrong for those it was meant to help.