With her husband out of work, she had to borrow 40,000 kyat (roughly ) from her sister.
Every day that Than Than Htwe fails to repay the full amount, she must give her sister 2,000 kyat (
With her husband out of work, she had to borrow 40,000 kyat (roughly $30) from her sister.||
With her husband out of work, she had to borrow 40,000 kyat (roughly $30) from her sister.
Every day that Than Than Htwe fails to repay the full amount, she must give her sister 2,000 kyat ($1.48) in interest..48) in interest.
Masterbrain myanmar sex
Three rows of wooden stilts elevate Than Than Htwe's house above a stagnant pond in Seikkyi Khanaungdho township, an island that lies at the convergence of the Yangon river and Twante canal in Myanmar's largest city.
She shares the one-room house with eight members of her family and a scourge of deadly mosquitoes that fester in the thick, green water beneath her feet.
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A year later and she has paid her sister far more than the original sum through these daily interest payments, but the debt still stands. She stands on the street and shouts 'I didn't give you that money for free' and other horrible things," says Than Than Htwe.
She is not the only one to be crippled by high interest loans in Yangon.
While education is nominally free in Myanmar, the cost of snacks, notebooks and informal tuition fees are too much for families struggling to repay their spiralling debts.
Than Than Htwe's son dropped out of school at 16 and now supports the family by selling fruit at a nearby market.
"I think this really highlights the terrible condition that people are living in - if they can borrow money then they can feed their kids; if they cannot pay it back and cannot borrow again, then they will not eat," she tells Al Jazeera.
Their research also shows that 50 percent of children drop out of school at the age of 13.
Her second daughter dropped out after just one year of education and was married at 14.