Are Microloans Really A Good Thing?
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Are Microloans Really A Good Thing?
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Today we’ve got a doozy… we’re going to do a deep dive into the economic systems that drive the economies of Southeast Asia with a specific focus on the area of microfinance. Financing is one of the biggest stumbling blocks for entrepreneurs anywhere. Finding the capital for even a small business can be difficult. Yet, there has been exponential growth in the number of small and medium enterprises in the Southeast Asia region. Which on the surface seems outstanding as small businesses are the backbone of any economy, right? But just how these SMEs get their capital can play a huge role in their success or failure. We’ll take a deeper look into the practice of microloans and compare it with a potential alternative solution, the microasset. And finally, we’ll end on a fascinating discussion about productivity, how productivity shapes equality, and what kind of production may be best suited for society.
All this and more on this episode of The ARCC Report!
