Duterte to prohibit Indians’ 5-6 business

Davao City Mayor Rodrigo Duterte said he is prohibiting Indian money lenders who are preying on poor people.

In a speech during the Forum on Women for Action with Rody Duterte (forwaRD) held at Ritz Hotel Saturday, February 27, the mayor said that he really abhor the loan system of Indians that includes collateral contracts.

He said the scheme itself shackles the poor. (READ MORE)

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