The critics of microcredit schemes point to high interest rates and ask if this helps reduce poverty. The city hall has set up UPDF, the Urban Poor Development Fund to lower interest rates for the urban poor. Experts contend that subsidised funding schemes may not help on the long run. Cambodia is a forerunner in this development sector... This is a sequence extracted from the Equity Weekly TV show # 52, broadcasted on the 25th May 2008, produced by UNDP and TVK, with support from SIDA, AusAid, Canadian International Development Agency and Irish Aid as part of the SDEP (Strengthening Democracy and Electoral Processes in Cambodia) project of UNDP CAMBODIA. For more information, visit our website: www.equitycam.tv
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