Podcast: A Correction Podcast (LS 39 · TOP 2% what is this?)
Episode: Why Microfinance Failed in The Global South
Pub date: 2020-01-11

Notes from The Progressive:

Microfinancers (loan sharks) have preyed on rural Sri Lankan women over the past few years-and gone away with reckless and exploitative practices. Listen in for an explanation of how these loans work and what has made them so devastating for debtors in the Global South

We speak with Ahilan Kadirgamar about microfinance. Ahilan Kadirgamar is a member of the Collective for Economic Democratisation. He is also Senior Lecturer, Department of Sociology, University of Jaffna, Sri Lanka. He served on the Central Bank of Sri Lanka appointed committee to draft the Economic Development Framework for a Northern Province Master Plan (August 2018).

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