Grant recipients fall prey to loan sharks
By Loushe Jordaan Gilbert State social grants are used as collateral for high-interest loans by unregistered or informal lenders, also known as loan sharks, who continue to target social grant recipients, particularly the elderly or single moms. To make matters worse, these dishonest lenders are not subject to any laws. Speaking on VOC Breakfast on Wednesday Odwa Nweba Stellenbosch University Law Clinic said grant recipients, often in dire need of […]