, 4 tweets, 1 min read Read on Twitter
Pretty harrowing piece about how micro-loans conveniently available via mobile apps (lauded as the second coming of progress by some people) are actually drowning Kenyans in debt. 1/
bostonreview.net/class-inequali…
For some, these mobile apps are supposed to take the place of real infrastructures. Well they don't. They are a one-way route to accumulating debt. 2/
And micro-finance is just a fancy name for "debt" and for ensnaring people into the capitalist system of finance, of banking, of tying people's lives to a regime of property and debt that is not about mutuality or reciprocity. 3/
Both its "cute" size that makes it sound safe ("micro") and its convenience (mobile apps) only facilitate this. End/
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Laleh Khalili
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!