Other peer-to-peer lending platforms promote their services as an investment fund or shared wallet to relax young people's vigilance toward the money lenders
In addition, Mr Kumkani mentioned the fact that the dti has since passed it into law that all money lenders
must be registered with the National Credit Regulator (NCR).
They are forced to obtain their fertilizer and insecticide inputs from loan sharks and are also obliged to sell their harvest to the same loan sharks, both at prices that will result in assigning all the rewards to the money lenders
and leaving nothing but hardship to the farmers.
BEIRUT: The Central Bank prohibited all commercial banks and financial institutions from dealing with unlicensed money dealers and money lenders
4% Number of parents who admitted using money lenders
to cover costs
However, money lenders
do not fall within its ambit.
The campaign against illegal money lenders
in Kohat has been divided into two different phases.
One of the sons was physically challenged and local reports indicated that the family resorted to the extreme step after he was manhandled by money lenders
from whom the family had borrowed money.
The county council and the Wales Illegal Money Lending Unit will hold an event in the Wellman's Club in Llangefni on September 16 to raise awareness of the problem of illegal money lenders
Durham County Council's trading standards team supports the Stop Loan Sharks scheme to raise awareness of the dangers of illegal money lenders
by prosecuting them and supporting victims.
Govind Singh, Prahlad's elder brother, said: "While the bank was sending him notices to pay back the loan, the money lenders
of the village had confiscated his land.
ILLEGAL money lenders
in Ellesmere Port are to be targeted by a new six-month campaign organised by Cheshire West and Chester council.
Community Housing Cymru (CHC) and the Wales Illegal Moneylending Unit (WIMLU) have teamed up for their "Don't Get Bitten" campaign to combat the problem of illegal money lenders
BEWARE of illegal money lenders
- they want to get you under their control.
Currently, fix and flip projects are all the rage and many of these groups turn to hard money lenders
to back them.