Rwanda: Loan Sharks - Getting Out of Their Grip Is a Near Death Experience

analysis

For close to six months, he lived in fear because he had borrowed money from a loan shark. As the threats mounted and the interest rate soared, Michael lost his job. His desperation took a deadly turn and he even contemplated taking his own life.

"I was laid off from my job just after borrowing the money. I needed rent, among other things. But the loan shark had no mercy to understand my situation. All he wanted was his money back," says Michael.

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