[Assam] Micro Credit ( a true story)

[BBaruah at aol.com]

In a message dated 01/10/2006 18:22:35 GMT Standard Time, mrpallet at ncsu.edu  
writes:

There  should also be a law that holds a loanee accountable for charging
higher  than prescribed interests and within some strict  guidelines.




That is a nice story. In fact it happens often in some form or other.
 
 Legislation is always there. The loophole is in the fact that it  is either 
cicumvented or not enforced.  
 
Bhuban
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