Debt in Vietnam—a pipeline to modern slavery
When hard times hit, taking out a loan is standard to help bridge the gap. But for many living in Vietnam, the BBC reports that debt can become a pipeline to modern slavery. When no good loan options exist, people turn to loan sharks who charge high interest rates. These unscrupulous lenders are working together with traffickers. When the loan comes due, if they can’t pay, they or their family members find themselves fast-tracked to modern slavery.