JAPAN'S GOVERNMENT BACKED SMALL LOAN SYSTEM SEES SERIES OF APPLICATTION CANCELLATIONS

Highlights –

• Japan's government-backed small loan system sees a series of application cancellations.
• In September two foreign men were arrested on suspicion of defrauding the same.
• The two accused men were from Nepal.
• The funds were emergency small loans of up to $1,900.

The Japanese government reported that several have been cancelling aid applicat....