среда, 14 марта 2012 г.

Hard line for a loan in Mozambique [Clients fall behind in their loan payments]

Dionisio Matos doesn't look like a tough guy. He's amiable, warm, ready to smile. But as credit manager of a Mennonite Economic Development Agency (MEDA) program here, he has a difficult day ahead. Clients have fallen behind in their loan payments.

"Today we have to be tough," he says. "This is Operation Iron Fist." We head out to the Xikelene Market, a sea of shacks and shops. Matos has brought along padlocks to close the shops of delinquent clients. He dreads the prospect but sees no alternative.

"I gave them a deadline," he says. "I have to show that I'm not joking."

At Xikelene, more than 4,000 vendors sell everything from produce to textiles to auto supplies. …

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