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Nepali families face dire financial stress as loan sharks exploit vulnerabilities ANN/THE KATHMANDU POST – Three years ago, Hira Devi Mandal secured a loan of NPR1.5 million from Rajshree Finance in Janpur to finance her two daughters’ weddings, pledging her 2.16 katha (almost 3,000 square feet) of land as collateral. However, her debt has now […]

Nepal generalDinesh prasad yadavDevi mandalYuvaraj rasailiShilam yadavCommittee to protest against microfinance institutionsNational criminal procedure codeHira devi mandalRajshree financeProtest against microfinance institutions nepalSamsi rural municipalityProtest against microfinance institutionsNational criminal procedureMadhesh provinceAsia pacific conmen cycle of debt poverty quicksand features financial literacy kathmandu loan shark nepal preying on the poor south struggling to live taking advantage vulnerable victims sharks