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.
Where were these myths born?
All these creepy stories are more common in Eastern Europe. In Asia for example, the situation is different. We know this because we work there, - pointed out Mr. Dzyatkovsky.
The full article: https://coinidol.com/fight-microcredit-s-myths/
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