
The head of Confindustria, Gjergj Buxhuku, in an interview, said that there are over 100,000 "victims" who have fallen into the microcredit trap. According to him, it is worse than what happened in 1997. The statements were made in "Ora News".
Buxhuku: Actually, it's not strange, but it's painful. To understand that we have not learned in 30 years.
It is painful that we have not learned even though we have lost, because in fact human beings learn from losses.
We lost a lot in '97, in every respect and after almost 30 years back we are again in the same spiral.
In 97', the proportions were many times larger. Now there are tens, thousands, over 100 thousand say 'victims' who have fallen into this microcredit trap.
Because it is not known exactly how many are actually included inside.
But again in terms of volume, it is lower than in 1997.
In 1997, everything happened outside the financial institutions, so they were not licensed by the institutions, by the Bank of Albania at that time.
After 30 years, it is ironic that the same phenomena are repeated, but now within the financial system.
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