Finance / podcast & Story

Microfinance was meant to help the world’s poor, but in Cambodia, it’s plunging people deeper into debt

Microfinance was hailed as a way to change the lives of hundreds of millions of people without access to credit.

Global Reporting Program fellow Hanna Hett reports that in Cambodia, borrowers are now drowning in debt and being forced off their land.

Photo: Hanna Hett/The World