Anti-microfinance campaigns spread to North and East…

Anti-microfinance campaigns spread to North and East…

Lot of Sri Lankan women who are unable to repay their fire interest loans have launched protests in the North and East in support of the satyagraha launched in the North Central Province on International Women’s Day demanding justice.

Debt-ridden women in the Eastern Province have staged protests in Kitula village in Batticaloa on Tuesday (March 30) in Mullaitivu town center and Pudukuduirippu town center. In addition, protests were organized by the Public Planning Forum at more than 15 locations, including Mannar.

 

The fast that began on International Women’s Day in front of the Royal Monument in Hingurakgoda, demanding the immediate abolition of microfinance loans, continues to this day.

The collection of women affected by micro loans says that more than 200 Sri Lankan women have committed suicide as they could not bear the burden of debt.

More than 2.4 million Sri Lankan women who are unable to repay their loans due to high interest rates have been subjected to various forms of physical and mental abuse, including insults from finance companies and debt collectors.

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