1. Skip to content
  2. Skip to main menu
  3. Skip to more DW sites

More criticism for microcredits

Conrad, NaomiDecember 14, 2011

For decades, micro credits were seen as an effective tool to help poor people escape misery. German development agencies alone spend some 120 million Euros on microfinance projects every year. Yet increasingly, researchers have begun to question whether microcredits are really a solution for everyone. Many microlenders have ended up in debt, unable to pay back their loans.


Report: Naomi Conrad