Microfinance promised to lift the poor by lending them small amounts to start businesses, but the reality is messier: some borrowers succeeded, many took loans for consumption they couldn't repay, and interest rates often exceeded what traditional lenders charged. It revealed that access to capital alone doesn't create opportunity if the underlying market conditions or skills aren't present—a humbling reminder that good intentions don't guarantee good outcomes.
Peri can explain this concept, give practical examples, help you decide whether it applies to your situation, or recommend a journey if appropriate.
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