He says self-help groups have delivered people from the clutches of moneylenders who charge 120 per cent as interest. |
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Yet people short on money often neglect the advice of the professional scolds and instead turn to the damnable moneylenders. |
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As moneylenders, goldsmiths conducted regular business with aristocrats, and gentlemen, and, increasingly, the agents of the Crown. |
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Families are also paying very high interest rates to legal moneylenders who are operating outside of the mainstream financial system. |
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Private moneylenders charge exorbitant interest rates of 30 to 50 percent for a 5-6 month growing season. |
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The Assembly rejected repudiation because they feared antagonizing the moneylenders of Paris, Amsterdam, Hamburg, and Geneva. |
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Here we have masses of lower income people transferring their meager wealth via outrageous interest rates to unscrupulous moneylenders. |
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The people women moneylenders lend to generally describe their credit practices as a form of reciprocity rather than exploitation. |
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Most residents borrowed money from relatives, banks, moneylenders, or the landowner, who charged 10 percent interest per month. |
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Over three million households are now reliant on moneylenders, many of whom routinely charge over 150 percent interest for cash loans. |
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Because the saltpans are only open for eight months a year many workers have to borrow money from local moneylenders to survive and are charged 10 percent interest per month. |
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But I didn't want to fall into the clutches of the local moneylenders. |
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As I argue here, Wolof women's new role as moneylenders connects them to a wide array of social networks extending beyond the household and the development group. |
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They also provided capital to Chinese, Burmese, Pathan and Sinhalese moneylenders, but at the same time were connected with European banking institutions. |
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However, the nip in the air is nothing compared to the chill in the heart of Ebenezer, surviving partner of Scrooge and Marley, private merchant bankers and moneylenders. |
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With the closure of rural banks, many farmers have been driven to borrowing from private moneylenders with usurious interest rates of 5 percent per month. |
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Most of the people we were lending to had, at one time or another, been indebted to illegal moneylenders, who charge interest rates of 300 percent per annum. |
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That said, I am bound to say that in our judgment the best way of protecting consumers against rapacious moneylenders is a competitive banking and finance sector. |
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Another reason frequently given for promoting cooperatives is that they would protect craftspeople from predatory middlemen and usurious moneylenders. |
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On the black-market, Iranian moneylenders peg the real exchange rate far higher, at more than 35,000 rials per dollar. |
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At this stage in history, the merchant class, desperate for money to finance their adventures, struggled with the monopoly of the moneylenders and overcame it. |
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They arrived in Kozhikode as dependants of chieftains, working as cooks, cloth merchants and moneylenders. |
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A few Marwari families are also found in Kozhikode who were basically moneylenders. |
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In terms of informal financial institutions, we were able to observe moneylenders, credit groups, and the susu system. |
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But not all moneylenders are unscrupulous backstreet wide boys. |
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