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Episode details

World Service,30 May 2023,17 mins

Microfinance in Sri Lanka: part 2

Business Daily

Available for over a year

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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