Pay back example sentences
Many failed to pay back their loans to the moneylenders and gradually lost the lands they had tilled for generations.For example, moneylenders in the informal sector that you read about in Chapter 3 adopt various tricks to bind the borrower: they could make the producer sell the produce to them at a low rate in return for a timely loan; they could force a small farmer like Swapna to sell her land to pay back the loan.When offered a loan, the cultivators were tempted to accept, hoping to meet their immediate needs and pay back the loan at a later stage.Those who borrowed found it difficult to pay back their debts.
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