Independent Sri Lankan think tank on poverty and development

Rural Women Entrapped by Microfinance Debt

BY MANESHKA BORHAM Though microfinance once was a popular lending system which also sought to empower rural women, today it has entrapped impoverished women in a vicious debt trap. Despite government efforts to regulate MFIs and provide debt relief to the affected, a large number of women continue to suffer from the pitfalls of microfinance […]