"The true facts about the micro-loans are usually not reported. They should, however."
"The burden of micro-credit will be for the borrowers get bigger and bigger, they end up in the micro-credit trap. They begin with a loan. But then they take on more loans from other organizations. With the new loans they are trying each case, to pay off old debts. This is how the cycle. "
"This means not only a financial trap, but there is this also a psychological component. A debtor is submissive to the creditor. The book describes through examples how the debtors are patronized by the lenders. The creditors control the lives of debtors whose life revolves completely around the credit. "
"This book is also about how micro loans have opened up a new capital market. For a long time that the rate of profit, and capital is looking for new, lucrative markets. Microcredit is one such, promising market: low attendance, but safe profits. Even calculate the large banks, as they can conquer this market. The micro-loans have many aspects. Even the social should not be ignored: With their help, the poor are kept quiet and secure the social status quo. At the same time this promising market value produced on their back and spreads all over the world. "
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