Friday, March 22, 2013

Unable to pay back Rs. 34,000, parents give away daughters as collateral

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Hyderabad: When children become the currency to repay a loan, something must be terribly, terribly wrong. Three months ago, a 13-year-old girl and her six-year-old sister, the first and third among five girl children, were left at the house of a man from whom their parents had borrowed Rs. 34,000 nine months ago. They were unable to repay, so they gave the children in exchange, as surety, till such time that they would try and get the money. Read more.........Unable to pay back Rs. 34,000, parents give away daughters as collateral
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