Discover Tripura News

6 Aug 2021

Sating microfinance workers gheraoed by locals for pressuring locals for installment money

By Discover Tripura Correspondent
Agartala: June 08: Ordinary people are suffering of various microfinance institutions in the state, which has grown like a frog's umbrella.

They were first gathered people together in the neighborhood and first they were given loans. After that the  pressure was put on the common people for installment money and many ordinary people had to give their lives for this installment money.

All these microfinance companies are expanding from villages to cities in the state of Tripura and the general public is succumbing to the temptation of these microfinance companies. They first of all explaining to the general public about the process of repaying the loans of those companies and after distributed the loan, their method of collection the installment becomes different.

All over India, the general public is perplexed by the Corona situation and cannot bear the pressure of installment payments from these microfinance companies. Many ordinary people have chosen the alternative path of death.

In view of this, in the current Covid epidemic, all the micro finance companies in the state of Tripura including various banks not to pay installments to the general public in the current situation and not to put any pressure on them, Tripura Deputy Chief Minister Jishnu Deb Barman had an important meeting with the heads of all the bank finance companies at his office in Agartala a few days later.

All the micro finance companies are informed so that no one is pressured for the instalment money.

Sating Micro Finance Company has been pressuring the helpless poor working families of Ward 2 of Bishalgarh Nabinagar Panchayat for installment money since this morning. They  told the employee of Satin Micro Finance that the helpless families could not do any work in the current Covid situation and they could not pay any instalment  now. The employees of the Sating company became angry with them and started abusing them in slang languages. They created pressure to the borrowers to pay  the instalment.

Then the helpless people got together and gheraoed his scooter along with the staff of the satin company. Receiving the information the reporters rushed to the spot. Asking for his name the employee do not agreed to tell his name, he told that he does not know about the new rule.

The alleged employee was flee from the spot  and  when the media follow him and looking for the company address of the sating microfinance company and saw there are no one in the office , even there was no sign board of the company.
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