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Finance

Hingoli Workers Get House Sale Notices Over Loans

About 80 to 100 landless women in Hingoli borrowed money through self-help groups from a micro-finance firm in neighbouring Washim district. A Krantikari Shetkari Sanghatana functionary said they face harassment even after repaying at least 70% of the amount. Notices saying their houses will be sold have been pasted on their doors.

Context

Context: Micro-finance firms give small loans, often to poor women in self-help groups, and can be strict about repayment. Shetkari sanghatanas are farmers' organisations that often take up rural debt complaints.

The Hindu
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