Customers Quote by Evgeny Morozov
“Making loans accessible to millions of the previously unbankable customers is a noble goal. Getting them hooked to such loans isn't.”
About This Quote
Source Article: “The Dark Side of Financial Inclusion”, 2018
Providing loans to the unbanked can empower, but predatory lending can trap them in debt cycles.
In simple terms: Access to credit is good; exploitation is bad.
Key Takeaway
Ensure loans are fair and sustainable.
Themes
finance
ethics
inclusion
Mood
critical
analytical
Type
essay
policy‑oriented
When to use this quote
- micro‑finance
- development aid
- consumer protection
- policy reform
Key Concepts
predatory lending
financial literacy
Questions to Reflect On
- How can lenders balance profit with borrower protection?
- What safeguards prevent exploitative lending?
A Different Perspective
Market pressures may prioritize profit over fairness.
![“To reject solutionism is to transcend the narrow-minded rationalistic mindset that recasts every instance of an efficiency deficit [...] as an obstacle that needs to be overcome.” quote by Evgeny Morozov](https://sms4smile.com/quotes/img-quotes/6b0/evgeny-morozov-2995_adversity_to-reject-solutionism-is-to-transcend-th_154423.jpg)
