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“We are stuck in this debt cycle because we are poor” – Loan repayments  leave pensioners penniless.

“We are stuck in this debt cycle because we are poor” – Loan repayments leave pensioners penniless.

“It’s an issue of poverty, we receive our grant money but it’s too small. It gets used up on paying pack loans and taking kids to school and we take out more loans. I started borrowing R800 but the second time I went, they offered R1000 and I took it because I was broke at the time. They then deducted over R400 from me.I really didn’t expect them to deduct so much.” – Ntate Senyane