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by jclos
3044 days ago
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> They lend out to groups within a village, and then if any one member of the group fails to repay the loan, the group can't access more capital. That reminds me of those loan systems where you need to send naked pictures of yourself as a collateral, and that seemed to become popular in China (at least according to Western media). https://qz.com/707770/chinas-college-students-are-using-nude... |
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