Below is a link to a good in-depth and multimedia article about an interesting for-profit but pro-poor venture in Cambodia. Really cool that they take the time to get to know their customers and thereby provide financing to folks that otherwise wouldn’t have access. However, I can’t help but wonder about the potential consequences of burdening super-low income households with high-interest debt: a valuable service, but not without its costs! Be sure to listen to the audio or click the “transcripts” link to get the full story.
New Mortgage Program Helps Cambodia’s Poor Find Better Homes
http://www.npr.org/2013/04/04/176121367/new-mortgage-program-helps-cambodias-poor-find-better-homes
