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Land To Lose: Coronavirus Compounds Debt Crisis in Cambodia
With the coronavirus pandemic ending Sreylon and her husband’s jobs in the tourism industry, the mother-of-two was at a loss as to how she would keep the lenders at bay, and clear a growing debt secured by the title to her family’s land.
- Categories
- Coronavirus, Investing
- Region
- South Asia
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Women Self-Help Groups in Punjab Struggle To Repay Loans
Allege microfinance institutions charging exorbitant interest
- Categories
- Coronavirus, Entrepreneurship
- Region
- Asia Pacific
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The Pandemic is Hurting China’s Belt and Road Initiative
Some BRI projects are stalling as countries struggle to repay related debts.
- Categories
- Coronavirus
- Region
- Asia Pacific
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Cambodian Workers Owe $10 Billion in Microfinance Debt as COVID-19 Wipes Out Incomes
As COVID-19 wrecks Cambodia’s economy, workers and families face added risks from record-high levels of microfinance debt. Without income, many will be unable to repay their microloans and may lose their land or be forced further into debt.
- Categories
- Coronavirus, Finance
- Region
- Asia Pacific
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Big Data in a Time of Crisis: Maximizing its Value – And Avoiding its Risks – In the Fight Against COVID-19
About 2 million people around the world have been infected by the coronavirus, and the numbers continue to grow. Yet this data reveals only a fraction of the scale of the crisis. As Jessica Espey at SDSN TReNDS points out, the pandemic has exposed the acute weakness of the world’s data systems. But she cautions that, in modernizing these systems, we must not sacrifice our long-term data rights for short-term benefits.
- Categories
- Coronavirus, Health Care, Technology
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Liquidity Before Solvency: A Guide for Microfinance Investors in the Time of COVID-19
Among microfinance investors, there's growing concern that the COVID-19 pandemic will push providers toward insolvency, with fewer loans and shrinking portfolios leading MFIs to default on their debt. But Daniel Rozas at e-MFP argues that in a crisis, preserving MFIs’ liquidity must take precedence over maintaining their solvency. To that end, he urges investors to commit to a six-month moratorium on debt repayments from MFIs.
- Categories
- Coronavirus, Finance
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As Debt Grows, More Indian Women Farmers Taking Their Lives
A vicious debt cycle is forcing women in Maharashtra state's Amravati to take their lives as agrarian crisis persists.
- Categories
- Agriculture, Finance
- Region
- South Asia
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Debt Relief a Double-Edged Sword for South Africans Living on Loans
The situation of people like Rivele shows both the potential benefits - and unintended consequences - of a new law signed by President Cyril Ramaphosa in August, aimed at protecting vulnerable borrowers.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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