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Borrowers watch an employee of PACT Global Microfinance Fund count money in a village in Dedaye Township, Ayeyarwady Region, in April 2015. (Frontier)

Debt trap: Moneylenders prey on the poor

Amid the collapse of both the economy and the rule of law in Myanmar, moneylenders are setting extortionate interest rates for desperate borrowers and hiring thugs to collect their dues.

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