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How easy digital loans are trapping Millions of Ugandans in crushing debt

KAMPALA, Uganda — Across Uganda, the surge of instantly approved digital loans, once touted as a tool for financial empowerment, has led to a quiet but pervasive crisis, trapping millions of people in cycles of crushing debt due to crippling interest rates and unregulated lending practices. The shame once associated with borrowing is gone, replaced […]

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