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<p style="text-align:justify"><em>* Across India, women borrowers are finding it tough to repay small loans. The next few months will be critical<br />
* Unless there is a sharp recovery, MFIs and banks (with micro-loan portfolios) will have to restructure or write off loans though the situation will not be clear until November</em></p>
<p style="text-align:justify"><em>NEW DELHI: </em>Sarama Koyal does not have a roof over her head. After the Amphan super cyclone ravaged her home in South 24 Parganas district of West Bengal in May, all she could afford was a black tarpaulin sheet. Despite this, what&rsquo;s giving her sleepless nights is the repayment schedule of four micro-loans she took from banks and financial institutions. Over the past two years Koyal has borrowed ₹230,000; this includes a fresh loan from Bandhan Bank last month, to help repay a previous one from the same bank.</p>
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<p style="text-align:justify">Please <a href="https://www.livemint.com/news/india/stories-of-distress-from-small-borrowers-11597585864192.html">click here</a> to read more.</p>
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<p style="text-align:justify">Please <a href="https://www.livemint.com/news/india/stories-of-distress-from-small-borrowers-11597585864192.html">click here</a> to read more.</p>
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<p style="text-align:justify">-Livemint.com</p><p style="text-align:justify"><em>* Across India, women borrowers are finding it tough to repay small loans. The next few months will be critical<br />* Unless there is a sharp recovery, MFIs and banks (with micro-loan portfolios) will have to restructure or write off loans though the situation will not be clear until November</em></p><p style="text-align:justify"><em>NEW DELHI: </em>Sarama Koyal does not have a roof over her head. After the Amphan super cyclone ravaged her home in South 24 Parganas district of West Bengal in May, all she could afford was a black tarpaulin sheet. Despite this, what’s giving her sleepless nights is the repayment schedule of four micro-loans she took from banks and financial institutions. Over the past two years Koyal has borrowed 230,000; this includes a fresh loan from Bandhan Bank last month, to help repay a previous one from the same bank.</p><p style="text-align:justify">Her business of selling sarees is at a standstill thanks to covid-19 and local lockdowns; for months now Koyal’s husband who worked as a porter in the state capital Kolkata had had no work. For a household that barely earned 8,000 a month in good times, the twin blows of a cyclone and a pandemic has led to a tipping point.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/news/india/stories-of-distress-from-small-borrowers-11597585864192.html" title="https://www.livemint.com/news/india/stories-of-distress-from-small-borrowers-11597585864192.html">click here</a> to read more.</p> </font>
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<link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6805719e76b1b-trace').style.display = (document.getElementById('cakeErr6805719e76b1b-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6805719e76b1b-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6805719e76b1b-code').style.display = (document.getElementById('cakeErr6805719e76b1b-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6805719e76b1b-context').style.display = (document.getElementById('cakeErr6805719e76b1b-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6805719e76b1b-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">>
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<span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/>
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<p style="text-align:justify"><em>* Across India, women borrowers are finding it tough to repay small loans. The next few months will be critical<br />
* Unless there is a sharp recovery, MFIs and banks (with micro-loan portfolios) will have to restructure or write off loans though the situation will not be clear until November</em></p>
<p style="text-align:justify"><em>NEW DELHI: </em>Sarama Koyal does not have a roof over her head. After the Amphan super cyclone ravaged her home in South 24 Parganas district of West Bengal in May, all she could afford was a black tarpaulin sheet. Despite this, what&rsquo;s giving her sleepless nights is the repayment schedule of four micro-loans she took from banks and financial institutions. Over the past two years Koyal has borrowed ₹230,000; this includes a fresh loan from Bandhan Bank last month, to help repay a previous one from the same bank.</p>
<p style="text-align:justify">Her business of selling sarees is at a standstill thanks to covid-19 and local lockdowns; for months now Koyal&rsquo;s husband who worked as a porter in the state capital Kolkata had had no work. For a household that barely earned ₹8,000 a month in good times, the twin blows of a cyclone and a pandemic has led to a tipping point.</p>
<p style="text-align:justify">Please <a href="https://www.livemint.com/news/india/stories-of-distress-from-small-borrowers-11597585864192.html">click here</a> to read more.</p>
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* Unless there is a sharp recovery, MFIs and banks (with micro-loan portfolios) will have to restructure or write off loans though the situation will not be clear until November</em></p>
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<p style="text-align:justify">Please <a href="https://www.livemint.com/news/india/stories-of-distress-from-small-borrowers-11597585864192.html">click here</a> to read more.</p>
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Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/across-india-women-borrowers-are-finding-it-tough-to-repay-small-loans.html"/>
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<strong>Stories of distress from small borrowers -Sayantan Bera</strong></h1>
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<p style="text-align:justify">-Livemint.com</p><p style="text-align:justify"><em>* Across India, women borrowers are finding it tough to repay small loans. The next few months will be critical<br />* Unless there is a sharp recovery, MFIs and banks (with micro-loan portfolios) will have to restructure or write off loans though the situation will not be clear until November</em></p><p style="text-align:justify"><em>NEW DELHI: </em>Sarama Koyal does not have a roof over her head. After the Amphan super cyclone ravaged her home in South 24 Parganas district of West Bengal in May, all she could afford was a black tarpaulin sheet. Despite this, what’s giving her sleepless nights is the repayment schedule of four micro-loans she took from banks and financial institutions. Over the past two years Koyal has borrowed 230,000; this includes a fresh loan from Bandhan Bank last month, to help repay a previous one from the same bank.</p><p style="text-align:justify">Her business of selling sarees is at a standstill thanks to covid-19 and local lockdowns; for months now Koyal’s husband who worked as a porter in the state capital Kolkata had had no work. For a household that barely earned 8,000 a month in good times, the twin blows of a cyclone and a pandemic has led to a tipping point.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/news/india/stories-of-distress-from-small-borrowers-11597585864192.html" title="https://www.livemint.com/news/india/stories-of-distress-from-small-borrowers-11597585864192.html">click here</a> to read more.</p> </font>
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<link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6805719e76b1b-trace').style.display = (document.getElementById('cakeErr6805719e76b1b-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6805719e76b1b-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6805719e76b1b-code').style.display = (document.getElementById('cakeErr6805719e76b1b-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6805719e76b1b-context').style.display = (document.getElementById('cakeErr6805719e76b1b-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6805719e76b1b-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">>
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/>
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</span></span></code></pre><pre id="cakeErr6805719e76b1b-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp'
$dataForView = [
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'id' => (int) 56687,
'title' => 'Stories of distress from small borrowers -Sayantan Bera',
'subheading' => null,
'description' => '<p style="text-align:justify">-Livemint.com</p>
<p style="text-align:justify"><em>* Across India, women borrowers are finding it tough to repay small loans. The next few months will be critical<br />
* Unless there is a sharp recovery, MFIs and banks (with micro-loan portfolios) will have to restructure or write off loans though the situation will not be clear until November</em></p>
<p style="text-align:justify"><em>NEW DELHI: </em>Sarama Koyal does not have a roof over her head. After the Amphan super cyclone ravaged her home in South 24 Parganas district of West Bengal in May, all she could afford was a black tarpaulin sheet. Despite this, what&rsquo;s giving her sleepless nights is the repayment schedule of four micro-loans she took from banks and financial institutions. Over the past two years Koyal has borrowed ₹230,000; this includes a fresh loan from Bandhan Bank last month, to help repay a previous one from the same bank.</p>
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<p style="text-align:justify">Please <a href="https://www.livemint.com/news/india/stories-of-distress-from-small-borrowers-11597585864192.html">click here</a> to read more.</p>
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<p style="text-align:justify">Please <a href="https://www.livemint.com/news/india/stories-of-distress-from-small-borrowers-11597585864192.html">click here</a> to read more.</p>
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* Across India, women borrowers are finding it tough to repay small loans. The next few months will be critical
* Unless there is a sharp recovery, MFIs and banks (with micro-loan portfolios) will have to restructure or write off loans...'
$disp = '<p style="text-align:justify">-Livemint.com</p><p style="text-align:justify"><em>* Across India, women borrowers are finding it tough to repay small loans. The next few months will be critical<br />* Unless there is a sharp recovery, MFIs and banks (with micro-loan portfolios) will have to restructure or write off loans though the situation will not be clear until November</em></p><p style="text-align:justify"><em>NEW DELHI: </em>Sarama Koyal does not have a roof over her head. After the Amphan super cyclone ravaged her home in South 24 Parganas district of West Bengal in May, all she could afford was a black tarpaulin sheet. Despite this, what’s giving her sleepless nights is the repayment schedule of four micro-loans she took from banks and financial institutions. Over the past two years Koyal has borrowed 230,000; this includes a fresh loan from Bandhan Bank last month, to help repay a previous one from the same bank.</p><p style="text-align:justify">Her business of selling sarees is at a standstill thanks to covid-19 and local lockdowns; for months now Koyal’s husband who worked as a porter in the state capital Kolkata had had no work. For a household that barely earned 8,000 a month in good times, the twin blows of a cyclone and a pandemic has led to a tipping point.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/news/india/stories-of-distress-from-small-borrowers-11597585864192.html" title="https://www.livemint.com/news/india/stories-of-distress-from-small-borrowers-11597585864192.html">click here</a> to read more.</p>'
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LATEST NEWS UPDATES | Stories of distress from small borrowers -Sayantan Bera | Im4change.org
Stories of distress from small borrowers -Sayantan Bera
-Livemint.com
* Across India, women borrowers are finding it tough to repay small loans. The next few months will be critical * Unless there is a sharp recovery, MFIs and banks (with micro-loan portfolios) will have to restructure or write off loans though the situation will not be clear until November
NEW DELHI: Sarama Koyal does not have a roof over her head. After the Amphan super cyclone ravaged her home in South 24 Parganas district of West Bengal in May, all she could afford was a black tarpaulin sheet. Despite this, what’s giving her sleepless nights is the repayment schedule of four micro-loans she took from banks and financial institutions. Over the past two years Koyal has borrowed 230,000; this includes a fresh loan from Bandhan Bank last month, to help repay a previous one from the same bank.
Her business of selling sarees is at a standstill thanks to covid-19 and local lockdowns; for months now Koyal’s husband who worked as a porter in the state capital Kolkata had had no work. For a household that barely earned 8,000 a month in good times, the twin blows of a cyclone and a pandemic has led to a tipping point.
