We Are Not Ghouls – Fight Microcredit’s Myths
When one wants to get a big loan, to buy a car for example, no one will think that a bank is doing something bad and unethical by giving him a loan. But if someone needs to buy a microwave, people might think that this microcredit was given to him with a very bad intention. Why does this happen? Why do all these myths about the microfinance business still exist – we asked Anton Dzyatkovsky, co-owner of MicroMoney, a company which specializes in microfinance in Asia, to help us understand why there are so many myths and superstitions about small loans. This is what he told us.