India Development ReviewIndia Development Review Facebook ad: “Other people’s debt: The downside of collateral-free group…”
Ran for 10 days, from May 12 to May 22, 2026, the last day Crush saw it.
Run by India Development Review on Facebook. Crush is not the advertiser and does not verify its claims. See this ad in Meta's Ad Library(opens in a new tab)
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About this ad
- Meta Ad Library ID
- 1510073740812542
- Platforms
- Facebook, Instagram, Audience Network, Messenger and Threads
- Relaunches
- 0
Ad text
#GroundUpStories | Mangi Lal, a resident of Nandwel village in Rajasthan’s Udaipur district, was given loans by four different microfinance institutions (MFIs). Mangi received these collateral-free loans as a member of self-help groups (SHGs). Certain MFIs grant group loans to SHG members on the condition that those who borrow money together repay it at the same time. Mangi had recently been ill and had missed work as well as group meetings for three months. He had also incurred expenses to treat his illness and to tend to necessary social obligations. This meant that he fell behind on repayments. Microfinancing through group loans is supposed to ease financial access for community members. However, in rural Rajasthan, it is pushing them into a cycle of debt and social exclusion. Read this article by Neha Pandey to learn more. https://idronline.org/ground-up-stories/other-peoples-debt-the-downside-of-collateral-free-group-loans/
Where the ad sends people
idronline.org
Other people’s debt: The downside of collateral-free group loans | IDR
Microfinancing through group loans is supposed to ease financial access for community members. However, in rural Rajasthan, it is pushing them into a cycle of debt and social exclusion.
Learn more: idronline.org(opens in a new tab)
