Stop blaming the victims of the microfinance crisis!
Stop blaming the victims of the microfinance crisis! 24 May by Nedha de Silva The exponential growth of the microfinance industry in Sri Lanka does not correspond with its contribution to reducing poverty. Instead, it has escalated indebtedness among women, pushed them below subsistence and made victims of both personal and structural violence. The Satyagraha which commenced on March 8 by the Collective of Women Affected by Microfinance in Hingurakgoda, Polonnaruwa, was the latest mani...
North Central Sri Lanka Lanka Microfinance Practitioners Association Magic Bullet Vicious Debt Hingurakgoda Satyagraha
Source: cadtm.org