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Microfinance was once hailed as a miracle cure for global poverty, promising to empower the world's most vulnerable with small business loans. But in countries like Cambodia, the industry has devolved into a cycle of predatory debt that is leaving families struggling. WSJ’s Gabriele Steinhauser explains why this once-celebrated solution has failed so many. Jessica Mendoza hosts.
Further Listening:
- Why Sweden Embraced Capitalism
- Is Jane Goodall Fighting a Losing Battle?
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Gabriele Steinhauser
wsj.comJessica Mendoza
wsj.comWhy Sweden Embraced Capitalism
open.spotify.comIs Jane Goodall Fighting a Losing Battle?
open.spotify.comWhat’s News newsletter
wsj.commegaphone.fm/adchoices
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