Victims of usurious lending demand action, not assurances
Summary
Victims of predatory lending in Nepal have marched from Janakpur to Bara demanding government action, justice, and the cancellation of fraudulent loan documents after losing homes, land, and in some cases lives due to exploitative moneylenders.
Key Points
- More than 200 victims of usurious lending are marching from Janakpur to Kathmandu demanding justice and action against exploitative moneylenders.
- Shyam Kumari Thakur lost her husband to a deadly attack linked to a land and loan dispute with a moneylender despite repaying the debt multiple times.
- The protesters have presented six demands, including cancellation of fraudulent loan and land documents, stronger laws, a special tribunal, and investigation into illegally acquired assets.
- The government has promised action including releasing commission reports on loan sharking, but victims remain skeptical and demand formal agreements before ending the march.
