The number of microfinance borrowers in Nepal being blacklisted has surged significantly due to aggressive lending practices, economic instability, and a lack of proper regulatory oversight. This crisis has left thousands of low-income individuals trapped in a cycle of debt and excluded from formal financial systems, highlighting systemic failures in the sector's original mission.
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The number of microfinance borrowers in Nepal being blacklisted has surged significantly due to aggressive lending practices, economic instability, and a lack of proper regulatory oversight. This crisis has left thousands of low-income individuals trapped in a cycle of debt and excluded from formal financial systems, highlighting systemic failures in the sector's original mission.
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