01 borrower trapped in a debt cycle seeks freezing or lowering of high loan interest rates

borrower trapped in a debt cycle seeks freezing or lowering of high loan interest rates

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Finance, banking, and insurance → Interests, fees, and penalties

• Farmers · Borrowers / debtors — villagers and borrowers struggling with loan interest
• Migrants / returnees — migrant workers working abroad to pay off loans

Freeze or lower loan interest rates to ease the repayment burden

Freeze interest rates or lower them so borrowers can afford payments

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