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The Journal. — How Microfinance Failed the World's Poor
Not scored yet24m·2026-07-14·News Politics

How Microfinance Failed the World's Poor

The Journal.

Microfinance was once hailed as a miracle cure for global poverty, promising to empower the world's most vulnerable with small business loans. But in countries like Cambodia, the industry has devolved into a cycle of predatory debt that is leaving families struggling. WSJ’s Gabriele Steinhauser explains why this…

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