Sri Lankan communities struggling to pay debts

Unregulated companies charging high interest rates for small loans is deeply affecting some communities.

by

    Accessible small loans, known as micro-financing, have helped countless entrepreneurs around the world to launch or develop their own businesses.

    But in Sri Lanka, unregulated companies charging high interest rates are leaving some communities struggling to survive.

    Al Jazeera's Bernard Smith reports from the Northern city of Jaffna.


    YOU MIGHT ALSO LIKE

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    Interactive: Coding like a girl

    Interactive: Coding like a girl

    What obstacles do young women in technology have to overcome to achieve their dreams? Play this retro game to find out.

    The War in October: What Happened in 1973?

    The War in October: What Happened in 1973?

    Al Jazeera examines three weeks of war from which both Arabs and Israelis claimed to emerge victorious.