{"id":39357,"date":"2019-01-23T16:21:40","date_gmt":"2019-01-23T07:21:40","guid":{"rendered":"https:\/\/www.dailynk.com\/english\/?p=39357"},"modified":"2020-01-17T09:21:57","modified_gmt":"2020-01-17T00:21:57","slug":"farmers-struggle-to-pay-back-debt-collectors-following-poor-harvest","status":"publish","type":"post","link":"https:\/\/www.dailynk.com\/english\/farmers-struggle-to-pay-back-debt-collectors-following-poor-harvest\/","title":{"rendered":"Farmers struggle to pay back debt collectors following poor harvest"},"content":{"rendered":"

\"\"<\/a><\/p>\n

The devastating drought that withered North Korea\u2019s crops last year left farmers in some regions of North Korea struggling to pay back loans they acquired to support their crop planting, local sources report.<\/p>\n

\u201cPeople are generally growing more worried by the day, particularly the farmers in some areas. It\u2019s already winter, but we\u2019ve received no grain rations from the government nor help with relief from debts incurred during the planting season. The debt collectors are relentless and we farmers are agonizing about what to do,\u201d a source in South Pyongan Province told Daily NK.<\/p>\n

In provincial areas, loan sharks are reportedly approaching debtors for in-kind payments as remuneration for advances provided last spring but are finding themselves walking away empty-handed due to the poor harvest.<\/p>\n

\u201cVerbal and physical threats won\u2019t get you anywhere if there\u2019s nothing to give. Those of us in rural agricultural areas are really struggling,\u201d a source in North Hamgyong Province added.<\/p>\n

One resident working as a middleman to collect debts in Pyongsong\u2019s Yangji-dong was supposed to have received approximately 10 tons of rice or the monetary equivalent for loans made last spring, but has only received two tons in repayment.<\/p>\n

\u201cAround here the brokers are completely focused on debt collection and are riding around on their bikes all day every day to track down debtors and pressure them to pay back their loans,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"

The devastating drought that withered North Korea\u2019s crops last year left farmers in some regions of North Korea struggling to pay back loans they acquired to support their crop planting, local sources report. \u201cPeople are generally growing more worried by the day, particularly the farmers in some areas. It\u2019s already winter, but we\u2019ve received no […]<\/p>\n","protected":false},"author":171,"featured_media":38696,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[645],"tags":[],"class_list":["post-39357","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy"],"yoast_head":"\nFarmers struggle to pay back debt collectors following poor harvest - North Korea News \u2014 Daily NK | Latest DPRK Updates 2026<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dailynk.com\/english\/farmers-struggle-to-pay-back-debt-collectors-following-poor-harvest\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Farmers struggle to pay back debt collectors following poor harvest\" \/>\n<meta property=\"og:description\" content=\"The devastating drought that withered North Korea\u2019s crops last year left farmers in some regions of North Korea struggling to pay back loans they acquired to support their crop planting, local sources report. \u201cPeople are generally growing more worried by the day, particularly the farmers in some areas. 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