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microfinanceTelegraph
•79% Informative
Microcredit became a panacea for the global donor community.
Muhammad Yunus popularised the idea of microcredit as a way of reducing poverty in the 1980s .
But there have been worrying signals that the model might be flawed.
Most microloans today are simply to cover living expenses.
Cambodia has the world's largest amount of microcredit per capita, 2.9 million loans totaling $16 billion .
Cambodia is the country in the world with the largest amount.
of microloans .
18 per cent reported eating less food because of the debt burden.
3 per cent had at least one child who had to leave school due to the loans.
Cambodia Microfinance Association ( CMA ) represents the microfinance industry.
VR Score
80
Informative language
79
Neutral language
39
Article tone
informal
Language
English
Language complexity
54
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
3
Source diversity
3
Affiliate links
no affiliate links