Microfinance, once hailed as a market-based solution to global poverty, has failed to deliver on its grand promise and in places like Cambodia has spiraled into a debt crisis, trapping vulnerable families in cycles of high-interest lending and extreme hardship. What began as a noble idea
Sign up to read the full summary
Free AI-powered recaps of every episode, delivered to your inbox.
Free forever for up to 3 podcasts. No credit card required.
Guest
Gabriele Steinhauser
narrative on The Journal.
Mentions
Books, people, and resources mentioned in this episode.
People
Companies
Topics
Listen to This Episode
More from The Journal.
'Eject! Eject! Eject!' Inside the Private Credit Panic
A Master Conman in His Own Words
How Polymarket Made Fake Bets Go Viral
An Influencer's False Promise to Make His Followers Rich
Why Sweden Embraced Capitalism
The Economy is Booming. Why Does it Feel Like a Bust?
Related episodes
From other shows on similar topics.
Caught in Cambodia’s Scam Machine: Part 2
Up First from NPR
Make credit cards work for you
Today, Explained
Good news for prospective homebuyers
Marketplace
Why Everyone Is Drowning In Debt (and how to get out) - Caleb Hammer - #1123
Modern Wisdom
You’re Not Stuck You Just Need a Plan
The Ramsey Show
This Has Never Happened Before | Financial Audit
Financial Audit
Get summaries like this every morning.
Free AI-powered recaps of The Journal. and your other favorite podcasts, delivered to your inbox.
Free forever for up to 3 podcasts. No credit card required.