How Microloans Betrayed Cambodians

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On her bank’s loan sheets Ban Sophear looks like an ideal borrower. At forty-seven, she runs a small business buying fish on the southern edge of Cambodia’s Tonle Sap Lake and also owns some farmland. In the past Sophear borrowed a small amount of money—a microloan—to build up her business. She managed to pay it […]

Original source: https://www.nybooks.com/online/2023/05/30/how-microloans-betrayed-cambodians/

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