alyaza [they/she]@beehaw.orgM to World News@beehaw.orgEnglish · 1 year agoMicrofinance was meant to help the world’s poor, but in Cambodia, it’s plunging people deeper into debttheworld.orgexternal-linkmessage-square6fedilinkarrow-up137arrow-down10
arrow-up137arrow-down1external-linkMicrofinance was meant to help the world’s poor, but in Cambodia, it’s plunging people deeper into debttheworld.orgalyaza [they/she]@beehaw.orgM to World News@beehaw.orgEnglish · 1 year agomessage-square6fedilink
minus-squareDigitalTraveler42@lemm.eelinkfedilinkarrow-up13·1 year agoI get the differences, but there are similarities, microfinance is just the banking world’s version of the gig economy, still predatory in nature, still exploiting the poor under the guise of helping the poor.
I get the differences, but there are similarities, microfinance is just the banking world’s version of the gig economy, still predatory in nature, still exploiting the poor under the guise of helping the poor.