Myanmar: Cyclone survivors struggle with debt burden

Published on 03 July 2009

A year ago, Soe Soe was US$20 in debt. Like many survivors of Nargis who lost their homes, she had no choice but to borrow from money lenders to feed her family - often at extortionate interest rates. (..) According to a Rapid Food Security Assessment conducted by the World Food Programme (WFP) earlier this year, 83 percent of households surveyed were reportedly in debt – with food the dominant expense. (..) "Recovery will require several more years of support and input," Chris Kaye, country director for WFP in Myanmar, told IRIN earlier.

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