← All Episodes

Sep 10 2009

Could microlending develop the world?

28 min 2 movies discussed
Listen

Microlending is a practice that provides funds for entrepreneurs in developing countries who couldn't normally get loans. Tune in as Josh and Chuck discuss the pros and cons of microlending in this podcast from HowStuffWorks.com.

AI Summary

This Stuff You Should Know episode explores microlending, a fascinating economic system that provides small loans to entrepreneurs in developing countries who wouldn't normally qualify for traditional bank loans. Josh and Chuck discuss how this practice, pioneered by Nobel Prize winner Muhammad Yunus and his Grameen Bank, aims to lift people out of poverty by giving them startup capital for small businesses. They cover both the inspiring success stories and potential pitfalls of microlending, including how everyday people can participate through websites like Kiva.com.


Movies Discussed

Rocky IV
Rocky IV
1985 1h 31m
★ 7.1
"You remember Rocky? Oh, yeah. Beat the Russian guy. Yeah, sure. Rocky Four? Five. Rocky Four. — Referenced as an example of American dominance during the 20th century when discussing Rocky beating the Russian boxer." — Chuck
The Matrix
The Matrix
1999 2h 16m
★ 8.2
"fast forward a thousand years and America might be a barren wasteland like the Matrix or something — Used as an example of what America might look like in the future when civilizations fall." — Chuck

💬 Comments

Log in to leave a comment.

No comments yet. Be the first!