Farmers in Ayeyarwady Region face mounting debts and threats to their livelihoods as black bean prices plummet due to a combination of decreased international demand and the junta’s mismanagement of the economy.
A “collateral-free” loan scheme for small and medium enterprises launched by the Myanmar government in 2014 looks functional on paper, but business owners say it is nearly impossible to access and does not provide enough money to be useful.
BY Frontier
