Retirees’ abilities paralyzed by loans taken out of necessity in Syria ...Syria

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Retirees’ abilities paralyzed by loans taken out of necessity in Syria
Enab Baladi – Reem Hamoud “I had no other choice but to obtain a loan to undergo a retinal operation for my eye in the coming days, but today I regret it,” expressed Saeed al-Rifai during his talk with Enab Baladi, reflecting on his regret after securing a retirement loan of four million Syrian pounds from the Popular Credit Bank to complete the necessary amount for surgery. Al-Rifai had certain conditions imposed on him to approve his request, including bringing two employed guarantors and paying 100,000 Syrian pounds monthly for seven years until the amount is repaid, which will worsen his living conditions, according to his narrative. The salary does not suffice Al-Rifai, who worked on th

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