INTEREST EXCEEDING THE PRINCIPAL

Overcharging of interests is one of the key factors which has led to a decline of Lend and borrowing business in this country. A variety of microfinance institutions have caused alot harm to its borrowers.
Platinum financial services is one of the above institutions. This institution lends money and it charges iterests which are more than the money lent.
Many people's businesses have collapsed due to the money borrowed and many borrowers have ended in prisons.

Location: Madi, Guru, Uganda