Word: pandharkawada
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...kill themselves have debts of between $110 and $550. Many farmers complain that banks don't offer them credit, forcing them to turn to rapacious moneylenders, who typically charge up to 20% interest on a four-month loan. As collateral, explains one lender in the bustling town of Pandharkawada, farmers often sign away title to their land. "If they pay back the loan, we give them back their deed," says the lender, who called himself "Ratanbhai" but refused to give his full name because of a recent government crackdown on unlicensed lenders. "If they don't, we get to take...
...That's how it went with Pravin, who wanted the best for his family even if he couldn't afford it. Pravin's family lives near Pandharkawada town, in Sunna, a village of dirt streets and pale blue and whitewashed brick houses. The air hangs heavy with the smell of goats, cattle and chickens, and farmers use wooden bullock carts to carry their cotton and animal feed. Doors are strung with mango leaves to bring good luck, and women stretch their washing over twig fences. Pravin took over the family farm from his father four years ago when...
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