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Microfinance loan providers in Sierra Leone accused of ‘payday loan’ interest rates

Microfinance loan providers in Sierra Leone accused of ‘payday loan’ interest rates

Borrowers have actually accused NGOs of recharging unfairly high interest, demanding rapid payback, and reporting debts towards the authorities

The majority that is vast of taking out fully microfinance loans in Sierra Leone are ladies. Photograph: Kate Holt funds joy loans coupons for The Guardian