github logogithub logo
The Micro Debt

The Micro Debt

1h

January 31, 2011 (14 years ago)

Overview

For decades Microcredit has been hailed as the #1 solution to eradicate poverty. However, interest rates from 30 to 200 % makes it impossible for most poor loan takers in Mexico, India and Bangladesh to pay back their loans. The poor are under extreme social pressure from the other members of their groups - not to mention how cruel and rude some of the loan officers behave when it comes to defaulting a single weekly payment.

ActorAge thenAge now
David Bateson

David Bateson

Narrator(voice)

Birthday: February 9, 1960

5065