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Business Daily: Microfinance in Sri Lanka: part 2

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Micro-lending in Sri Lanka part 2

30/05/2023 GMT

Microfinance in Sri Lanka: part 2

BBC World Service - Business Daily, Microfinance in Sri Lanka: part 2

One Sri Lankan woman’s struggle with debt after taking a small loan.

One Sri Lankan woman’s struggle with debt after taking a small loan and what her story says about how to lend to people unable to access finance through banks all over the world.

We hear about one Sri Lankan woman’s struggle with debt after taking out a small loan - what does her story tell us about how to lend to people unable to access finance through banks all over the world?

In a special two-part Business Daily report, Ed Butler investigates what's gone wrong with microfinance. It was once seen as a progressive way to help people like Renuka Ratnayake improve their lives, but has it led to a new wave of predatory lending? 

If you are affected by any of the issues covered in this programme, you can find information at www.bbc.co.uk/actionline.

Presenter / producer: Ed Butler
Image: Renuka Ratnayake; Credit: BBC

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