The Micro Debt
🎬 Critics Choice Nominee
Director
Tom Heinemann
Status
Released
Release Date
2011-01-31
Storyline
For decades Microcredit has been hailed as the #1 solution to eradicate poverty. However, interest rates from 30 to 200 % makes it impossible for most poor loan takers in Mexico, India and Bangladesh to pay back their loans. The poor are under extreme social pressure from the other members of their groups - not to mention how cruel and rude some of the loan officers behave when it comes to defaulting a single weekly payment.
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