Namibia: Namibians Drowning in Debt, Owe U.S.$425,4 Million to Cash-Lo – AuthenticAfrican

Posted on by All Africa

[New Era] Windhoek -It doesn't matter which walk of life you are from, be it tenderpreneur, chief executive officer or domestic worker, Namibians are drowning in debts, with 238, 640 borrowers owing an astonishing N$6.5 billion to micro-lending institutions.