NGO ASA ‘forcefully’ sells house of loan defaulter in Madaripur

A microcredit NGO, ASA, has ‘forcefully’ sold the house of a loan defaulter, a female daily wage earner, in Madaripur.

The victim, Nasima Begum of Kacharikandi village, on Saturday alleged that local officials of ASA sold her house forcefully for her failure to pay the instalment of a loan she had taken from the NGO.
 
ASA officials, however, denied the allegation saying Nasima Begum herself sold her house to the NGO after failing to repay the loan.
 
The family of Nasima became homeless as the officials of the NGO demolished the house.  
 
Nasima’s daughter ‘Lima’, a student of 10th grade, alleged that the NGO officials time to time even used to go to her school and make derogatory remarks seeking instalment payment.
 
Nasima borrowed Tk 15,000 from ASA’s Samityrhat branch on Feb 2.
 
She could not continue making repayment after clearing four instalments.
 
“The NGO officials brought a man and said he bought my house for Tk 15,000. They ripped apart the house and took away the materials,” Nasima said.
 
“I don’t know where to live now,” she added.
 
She said though the NGO recovered the entire money they had given her in loan by selling her house, it did not return the money she paid in four instalments.
 
ASA branch Manager Abdur Rauf said, “It is that family which sold the house after failing to make payment for the instalments. We just arranged a buyer.”

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