Kamala, a resident of Havelighanapoor in Medak had attempted suicide and survived. The incident took place few days back but came into light on Sunday.
According to sources Kamala took a loan of Rs. 20,000 from Swayamkrushi MFI and Rs. 30,000 from Spandana MFI. Another woman Chandrakala took around Rs. 40,000 from MFIs and repaid part of the amount. Unable to pay the remaining amount she ran away from the village. Kamala was reportedly forced by the MFIs to collect the amount from Chandrakala. Unable to do so, Kamala attempted suicide. However she was recovered after treatment. Speaking to reporters on Sunday, she said that they would not opt for loans from MFIs if the government extend loans from banks on 25 paise interest.