Cash loans lose N$200m in 3 months

Still owed N7.5 billion Microlenders lost about N200 million in three months after the Ministry of Finance announced the discontinuation of the Payroll Deduction Management System (PDMS). This brought the total amount owed by Namibians to cash loans from N7.8 billion to N7.5 billion. According to the latest industry figures by the Namibia Financial Institutions [] The post Cash loans lose N200m in 3 months appeared first on The Namibian.